How to Prepare for the Recession in 2023
Economic recession often correlates with weaker job security, lower investment returns, and diminished consumer purchasing power. As a result, it can have significant implications for your personal finances. Fortunately, you can insulate yourself from the worst effects and turn this period into an opportunity with the right preparation. If you’re concerned about current economic trends,
The Best Net Worth Tracker in 2023
These net worth trackers calculate the value of your assets and liabilities. Many of these companies offer free net worth tracking tools alongside their core product, which are usually budgeting tools or investment management. So let’s dive in and take a look at five of the top net worth tracking tools on the market. The
Small Business Loans in Virginia 2023 [By Loan Volume]
Virginia’s small businesses are the driving force behind the commonwealth’s economy. Employing over 1.6 million people, small businesses contributed to 91.5% of all the new job openings added to Virginia’s workforce in 2021. Financial support enables continued growth and expansion of small businesses. Local banks and credit unions are solid options. Nationwide banks also have
Best Alternative Investment Platforms in 2023
Alternative investment platforms can help you diversify your portfolio into asset classes beyond the traditional stocks and bonds. That can be especially beneficial during turbulent economic conditions and stock market downturns. To help you understand your options, let’s explore some of the best alternative investment platforms in 2022. Best Alternative Investment Platforms Compared Platform Costs
Rental Tradelines: The Secret to Building Your Credit with Rent
When you’re building credit from scratch, lenders are often reluctant to give you a credit account. When you’re rebuilding a poor credit score after making a few mistakes, you may also have lingering monthly payments, which makes new debts burdensome. Rental tradelines can be a great way to increase your credit score without dealing with
Business Tradelines That Report: Which Ones You Need and How to Get Them
As a business owner, business tradelines are critical to getting good financing. Trade credit and other credit tradelines help build your business credit history and business credit scores. We’ll outline the type of business tradelines you need to build your business credit and how to get them. Business Tradelines: What Are Business Tradelines? Business tradelines
13 Bizarre Inventions That Never Took Off
Without inventions, we wouldn’t have many of the modern luxuries we have today. But not all inventions are major wins like cellphones, stoplights, or washing machines. Many more are in the category of absurd inventions that fell short of success. 1. Baby Window Cage In the 1930s, doctors suggested that infants needed to get fresh
Did You Know There Are More Than 10 Credit Scores?
How many types of credit scores are there? If you said one, you’d be wrong. If you said three, you’d still be wrong. There are actually more than 10 credit scores! Each one is used to estimate your creditworthiness within certain industries and situations. 1. VantageScore 3.0 VantageScore 3.0 is a joint effort developed by
9 Terrifying Examples of Credit Card Fraud That You Need to Hear
In 2021, The Federal Trade Commission (FTC) reported an astronomical spike of over 70% in fraud compared to the previous year. Throughout 2021, consumers reported over $181.6 million in credit card fraud alone. If you need any more reasons to protect your finances from fraud, here are nine truly disturbing stories that will make you