What Is Debt-to-Income Ratio (DTI)? The Number Lenders Look At Most
Finkerr Introduction When you apply for a major loan, such as a mortgage to buy a home or a loan to purchase a car, lenders look at a variety of factors…
What Is a SIMPLE IRA? A Guide for Small Business Owners and Employees
Introduction Small businesses are the lifeblood of our economy. They provide jobs and services that enrich our communities. However, due to their size and resources, they often struggle to offer…
What Is a Bear Market? A Guide to Understanding Stock Market Downturns
Introduction When you begin your investing journey, it is often during a time of optimism. Financial news is positive, and your account balances seem to steadily climb. This upward trend…
What Is an Insurance Underwriter? Meet the Professional Who Assesses Your Risk
Introduction When you apply for an insurance policy, you complete a detailed application. You provide your personal information, your history, and details about the property or person you want to…
What Is a Crypto Airdrop? A Beginner’s Guide to “Free” Tokens
Introduction You may have heard stories in the crypto world that sound too good to be true. A person tries out a new digital platform. Then, months later, they discover…
Debt Snowball vs. Debt Avalanche: Which Method Is Right for You?
Introduction Feeling overwhelmed by debt is a common and heavy burden. The combined weight of credit card balances, personal loans, and other bills can feel like a financial storm cloud…
What Is a SEP IRA? A Simple Retirement Plan for the Self-Employed and Small Businesses
Introduction Small business owners and self-employed professionals are masters of their craft. They are experts in their field, dedicated to serving their clients and growing their businesses. However, one of…
What Is a Stock Split? A Simple Guide to Why Companies Divide Their Shares
Introduction You have likely seen a news headline that goes something like this: “Global Tech Giant Announces 10-for-1 Stock Split, Shares Rise.” For a new investor, this can trigger a…
What Is an Insurance Broker? A Guide to Expert, Independent Advice
Introduction Buying insurance is one of the most important financial decisions you will make. It is a commitment to protecting yourself, your family, and your assets. However, the process can…
What Is a CBDC? A Guide to Government-Backed Digital Currency
Introduction The world of money is changing rapidly. The rise of digital payments, cryptocurrencies, and stablecoins has prompted governments and central banks around the globe to ask a critical question:…