At first, saving $1,000 may seem hard to achieve. But when you break it down into smaller pieces, saving $1,000 really isn’t very difficult if you make it a goal of yours. Saving $1,000 can be a great way to build your emergency savings fund or just build confidence behind your saving decisions. Ideally, once …
What Are Liquid Investments? Explained With Clear Examples
Have you ever wondered what a liquid investment is? Or have you ever had someone ask you what your liquid net-worth is? A liquid investment or liquid asset is just a simple way to say, “I could turn this asset into money right now if I wanted to.” Liquidity is the ability to convert assets …
Passive vs. Active Income And Four Examples of Each
You may have heard of income being either passive or active. But what does passive and active income mean? This article will discuss the key differences of passive versus active income, provide some examples of each, and highlight why you may prefer to create passive income streams rather than active income streams. Passive income is …
Want To Move Out Of Your Parent’s House But Can’t Afford It? Start Here.
If you want to move out of your parent’s house but can’t afford it, you are not alone. Whatever age you are, there will come a time and place when living with your parents is just not an option anymore. Mostly every person will experience a similar feeling of wanting to move out of their …
What Bills Do You Pay When Renting an Apartment?
Are you interested in renting out an apartment or plan to rent an apartment in the future? If so, it’s essential to understand what bills you will have to pay when you rent out an apartment. Renting out an apartment is a big decision and shouldn’t be taken lightly. If you plan on renting an …