Yep, it’s a real thing. And so is cyberbullying insurance. Dr. Per Cap weighs the pros and cons. Dear Dr. Per Cap: How does identity theft insurance work and is it worth buying? Signed, You Never Know Dear You Never Know As the name implies, identity theft insurance compensates a person for financial losses stemming from […]
Whether you call them pay-in-4 plans or point-of-sale loans, small dollar financing is taking the country by storm. And Equifax will soon start listing them on credit reports. Dear Dr. Per Cap: You haven’t written about credit reports in a while. Any new developments with how the credit bureaus are listing information on our credit […]
If you were dropped into a culture in which you did not know the language, how would you get by? How would you order food, ask for help, engage in trade, or even discuss the weather? If you have no language literacy, you’re at a disadvantage. You are at an equal disadvantage walking around in […]
Apple recently became the first U.S. company to reach a $3 trillion market valuation. Dr. Per Cap explains what it means. Dear Dr. Per Cap: I just read that Apple has a three trillion dollar market cap. What does that mean? Signed, Jenny L. Dear Jenny L. Market capitalization or market cap is an investing term used […]
Can we expect an extension on this year’s tax filing deadline? Dear Dr. Per Cap: Last year IRS issued an extension for filing. Can we expect the same in 2022? Signed, Procrastinator Dear Procrastinator Not likely. The filing deadline extensions for tax years 2019 and 2020 were responses to the chaos and disruption caused by […]
SO many good ideas in this article about a woman whose side hustle replaced her full-time income. A few nuggets you’ll take away from reading: Creating a side hustle blog that earned $4,000/month Realizing she could do anything, but not everything Stop throwing money after ideas that don’t work and drag you down Setting boundaries […]
Peggy Doviak, a Norman, Oklahoma-based Certified Financial Planner (CFP) says that to measure financial success, stop worrying about your net worth. Net worth is the difference between what you OWN minus what you OWE. Doviak says you should be tracking your CASH FLOW instead. Cash flow is what you EARN minus what you PAY OUT. […]
They did everything right. They followed conventional wisdom. For all that wisdom, they started their married life like many young couples: Deep in debt. This story details how Leo and Faith knocked down a mountain of debt in under three years WITHOUT 6-figure salaries, inheritances, or hitting the lottery. The couple honed in on their […]
Jen and Steve Chou kicked the 9-to-5 to the curb and sewed up a nice income from their homebased business, Bumblebee Linens. Learn how the couple runs the business together, and how they are able to spend more time with their kids while running the business. In yesterday’s blog post, we discussed the “One-to-Many” business […]
Passive income is the ultimate goal for some when they start a side hustle. But what IS passive income? Let’s start with active income. Active income is income derived from activities performed for money. Examples are auto mechanics, tile setters, and pressure washers. To earn money, you have to fix the car, tile that kitchen, […]
