Despite its popularity, Robert Kiyosaki’s Rich Dad Poor Dad doesn’t teach us much about personal finance. Kiyosaki’s motivational tone may give you a short-lived jolt of inspiration, but his ideas are, ultimately,…
How Much House Can You Afford? Learn to Calculate a Mortgage
If you’re looking to buy a new home, then you’re likely asking yourself, how much house can I afford? How much mortgage can I afford, and what’s a reasonable monthly payment to take on?…
The ABCs of APR: Everything You Need to Know
When you look at a loan or credit card offer, you’ll see the term “APR,” or annual percentage rate, popping up all over the place. What is APR, exactly, and why is…
States With No Income Tax: Should You Move to One?
While everyone in the US pays a federal income tax, not everyone pays a state income tax. There are seven states in the US with no income tax whatsoever, plus two more…
The Millionaire Next Door: Expert Summary, Critique, and Review
Thomas Stanley and William Danko didn’t expect The Millionaire Next Door, their case study of America’s millionaires, to become a huge bestseller. Both academics at the University of Georgia, they set out…
How to Fill Out a Check, Step by Step
Between online bill pay and money-transferring apps like Venmo, many of us don’t fill out checks very often. On the occasion that we do need to write one, like to pay rent,…
An Economist Explains ROI: Return on Investment
You’ve invested in a business, started to make profits, and now need to step back and reevaluate: are you getting enough bang for your buck? Return on investment (ROI) is a straightforward…
Ultimate Finder’s Guide: The Best Rewards Credit Cards
Some people warn against the risks of using credit cards, but if you use them in the right way, you can see a lot more rewards than losses. This guide is designed…
What Is a 401k? Everything You Need to Know
Do you have the option of setting up a 401k plan? Does your employer offer a 401k matching benefit? Are you confused about what these words even mean? Don’t worry! We’ll explain…
Job Recommendation Letter Sample for a Remote Worker
In our brave new world of ubiquitous internet, some employees work on a remote basis, communicating with teams via email and video chat. Whether they contribute as programmers, writers, or in another field,…