When you buy a stock, you’re basically buying a small piece of a company. These pieces are called shares. Owning shares means you have a right to a portion of the company’s profits—how much depends on how many shares you own. Stocks are mainly bought and sold on public stock exchanges, which are tightly regulated … Read more
The 50-30-20 rule is a simple way to manage your money. It breaks your after-tax income into three parts: This easy-to-follow method became popular thanks to U.S. Senator Elizabeth Warren, who talked about it in her book “All Your Worth: The Ultimate Lifetime Money Plan.” By sticking to this rule, you can create a realistic … Read more
Life can surprise us in many ways — sometimes with joy, and other times with unexpected bills or tough situations. That’s why having an emergency fund isn’t just smart, it’s really important. It’s not about being scared, but about being prepared when life suddenly pauses or throws you a curveball. This little stash of money … Read more