In the world of finance and investment, understanding key financial ratios is essential for sound decision-making. Financial ratios offer valuable insights into a company’s profitability, liquidity, solvency, and overall financial health. They serve as critical tools for lenders, investors, and financial analysts, allowing them to make informed decisions based on quantitative data. One such crucial…
How do credit cards work? Learn how to own and manage credit card ownership responsibly
If you’re having problems with your Capital One credit card being declined, and if you’ve moved recently, your problem may very well be that you’re using a zip code (your old one) that’s not connected with your Capital One credit card. When you use a credit card at a gas station or in other places…
A couple years ago I finally got out of debt. I was thrilled! I shared my story with others and I was really surprised as most of those I shared it with congratulated me, but shared the sentiment that they would not be able to become debt free themselves. I was sad that these people…
When I graduated from high school I was determined to be good with my money, to avoid unnecessary debt. I was NOT going to get a credit card and planned to work to get myself through college. Unfortunately I graduated from college 5 years later with about $45,000 of student loans and 6,000. It wasn’t…
If you listen to talk radio much, you’ve most likely heard of Dave Ramsey, the radio personality who talks about money, debt, budgeting, investments, and related topics Monday through Friday each week. His show is broadcast on over 500 radio stations throughout the country to an estimated audience of over 6 million people on a…
Taking control of your personal finances is one the most important things you can do to experience the blessings of prosperity that are available to those who are willing to obey the principles upon which those blessings are based. Under the influence and in the grasp of the materialistic society in which we now exist,…
My wife recently gave birth to our seventh child. Just a few months before he was born, we moved from Utah to Tennessee. Our plan was to have the delivery done by a group of midwives at a birthing center close to Vanderbilt University, but those plans were changed by the birthing center midwives just…
Going into 2020, the United States economy has experienced the longest period of economic expansion in its history. After the Great Recession of 2007-2009, we’ve seen growth starting in June of 2009, a period that has lasted more than ten and a half years. According to the National Bureau of Economic Research, the average period…
If you’re applying for a mortgage loan or have applied for one in the past, you’ve possibly heard of Fannie Mae Form 1003, Uniform Residential Loan Application. Form 1003 is the standard form used by most mortgage lenders to collection the information of a potential borrower necessary to determine whether the applicant is qualified to…