Key Points In the midst of a bustling life, juggling demanding work hours, hobbies, and family time, a sudden realization may hit you like a bolt out of the blue: your money has wings. Despite a comfortable income, your savings don’t reflect your earnings. Have you ever stopped and wondered why? It boils down to […]
budgeting
PITI: Principal, Interest, Taxes, Insurance
PITI: Principal, Interest, Taxes, Insurance
Key Points Introduction PITI, which stands for Principal, Interest, Taxes, and Insurance, is a fundamental concept that every homebuyer should understand. It represents the key components of a mortgage payment and encompasses the various financial responsibilities associated with homeownership. By comprehending PITI, homebuyers can make informed decisions, effectively budget their finances, and ensure a smooth […]
Managing Your Finances: 12 Tips for Sticking to Your Budgeting Plan
Managing Your Finances: 12 Tips for Sticking to Your Budgeting Plan
By James Wilson Image Source Managing your Finances: 12 Tips for Sticking to Your Budgeting Plan Managing your finances is a necessary aspect of your life that requires mindful planning, diligence, and discipline. A budgeting plan is an effective tool that can help you achieve financial stability and reach your financial goals. That said, it’s […]
What is Amazon’s RSU Vesting Schedule? | How are Amazon RSUs taxed?
What is Amazon’s RSU Vesting Schedule? | How are Amazon RSUs taxed?
Key Points Introduction Amazon RSUs, or restricted stock units, are a type of equity compensation offered by Amazon. This type of compensation option is popular among tech startups that use it to attract and retain talent. For employees receiving RSUs through Amazon, understanding the vesting schedule and tax implications is essential. In this article, we […]
Qualified Dividends: here’s how they work and how they’re different from other dividends
Qualified Dividends: here’s how they work and how they’re different from other dividends
Key Points Introduction If you’re reading this article, you probably are wondering “What is a qualified dividend?” and “How do qualified dividends work?”. Qualified dividends are a type of investment income that you’re paid from a dividend-paying stock. What makes them unique is, they’re subject to special tax treatment (typically lower tax rates). If you […]
The Top 5 Things You Can Do To Prepare To Smash Your Financial Goals in 2023
The Top 5 Things You Can Do To Prepare To Smash Your Financial Goals in 2023
Key Points Introduction It’s nearing the end of 2022 and it’s time to start thinking about your financial goals for next year. Whether you’re hoping to save more money, pay off credit card debt, or invest for your financial future, there are some vital things you can do to set yourself up for success. In […]