Put 20% down when buying a home. Don’t spend more than 30% of your income on housing costs. Keep child care expenses below 10% of your annual household income. These money rules of thumb can be useful guardrails, helping you allocate spending and determine what’s affordable. They can also be incredibly defeating when they feel……
The state of Texas has 2.7 million small businesses that employ nearly half of Texas workers, according to the SBA Office of Advocacy, making these businesses very important to the state’s overall economy. Like other states, Texas recognizes limited liability companies, or LLCs, as a type of business entity. Many small business owners choose to……
Liquid net worth is a calculation that helps determine the health of your financial safety net. It measures your ability to handle regular and short-term financial needs — and how well you meet your long-term money goals. Have you heard the saying that someone is house poor? This is because the monthly costs of owning……
Bitcoin’s price graph sometimes looks like the jagged edge of a saw, with big jumps up and down. But when there’s a stretch of big losses without any corresponding jumps, investors might wonder: “When will crypto go back up?” Short-term price predictions are rarely correct. When they pan out, it can be due to luck……
Thanks to seasonal retail cycles, products tend to go on sale at the same time each year. September is known for blowout deals on select products like mattresses. Much like in 2021, supply chain challenges stemming from the pandemic still loom large this year. And let’s not forget about inflation. But, in a bit of……
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Managing money is an essential life skill, yet most U.S. adults would fail a financial literacy test. Consider the……
Litecoin, one of the most commonly used alternative cryptocurrencies, is supported by many of the leading crypto wallets on the market. Litecoin can be kept in a “hot” software wallet connected to the internet on your computer or phone or a “cold” hardware wallet that can keep your information fully offline. Users can also turn……
Bankruptcy, often considered a last financial resort, is a legal process that can help alleviate outstanding debts for individuals and businesses. Reasons to file for bankruptcy can include divorce, job loss, exorbitant medical bills or credit card debt. There are several types of bankruptcy — six, as a matter of fact. The two most common……
If you get injured or sick during your trip, travel insurance can come to your rescue by reimbursing the cost of prepaid travel arrangements, like a hotel room, rental car or airfare. But it won’t necessarily cover the actual costs to get medical treatment, nor will it always cover the cost of transportation to get……
Like many people who trek up Mount Etna in Sicily, Sylvia Longmire wanted to see the top of an active volcano. And overlooking the black crater, she thought, “This would make a great Instagram photo.” And it was a great photo — until she realized she was stuck. Longmire, who has multiple sclerosis, uses a……