General Personal Finance Blog

Peyton Manning Net Worth 2021: $250 million.

Peyton Manning is a former NFL quarterback, and one of the most successful quarterbacks to ever play in the NFL. He started his 18-season career with the Indianapolis Colts and finishing it with the Denver Broncos.

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Net Worth:	$250 Million
Born:	March 24, 1976
Source of Wealth:	Professional Athlete, Endorsements
Nationality:	United States of America
Last Updated:	2021

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Manning wasn’t the first or only person in his family to become an NFL player, either. His father, Archie Manning was a successful NFL quarterback, and his younger brother Eli Manning played for the New York Giants for much of the same time Peyton was playing.

As of 2021, his reported net worth is $250 million. Peyton out-earned others in his family thanks to his huge NFL contracts and lucrative endorsement deals – he became one of the richest NFL players ever.

[Read more…] about Peyton Manning Net Worth: 2 Lessons from His Path to Wealth

Do you want to know how to get rich? (Of course! Don’t we all?)

While you may think getting “rich” is impossible, the truth is that with consistency and discipline, almost anyone can drastically improve their financial lives and may even build substantial wealth.

While there are a few tricks to becoming wealthy, and some have benefitted from good timing, the ways to wealth are surprisingly simple and could even be considered mundane. It’s crucial to know your focus and stay the course over time.

Read on to learn how to get rich by following these eight steps.

[Read more…] about How to Get Rich: 8 Steps to Take

How long to keep tax returns is one of the most asked questions in personal finance.

Did you know the average American spends 13 hours every year preparing federal tax returns? For small business owners, that figure almost doubles to 24 hours!

It’s always a relief once taxes are filed for the year. But what do you do with all the paperwork afterward? How long should you keep your tax returns and records?

For most people, three years is a good time frame, but it could be much longer in many situations. Plus, it can often be a good idea to hold onto records longer than the required time for other non-tax reasons.

Keep reading to find out exactly how long you should keep your tax records in your situation. The answer may surprise you!

[Read more…] about How Long to Keep Tax Returns: 7 Questions to Consider

Your net worth is one of many financial ratios that is important to measure. But, unfortunately, having a negative net worth is probably more common than you think.

A common example of someone who would have a negative net worth is a 20-year old who just graduated from college and needed to use student loans to pay for the bulk of this education. The average tuition in the US for in-state public schools is nearly $10,000 per year, which means graduating with $40,000 (or more) in debt is probable.

With $40,000 in debt and nearly no assets, it would make sense that a large number of young Americans have a negative net worth.

Though no matter your age, climbing out of a negative net worth situation is not impossible. There are steps you can take to improve your situation, which we will walkthrough below.

[Read more…] about Negative Net Worth: Is it Always a Bad Thing?

Will Ferrell Net Worth 2021: $160 million.

Will Ferrell is one of the biggest movie stars in the United States, but there is a lot we can learn from him regarding personal finance as well.

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Net Worth:	$160 Million
Born:	July 16, 1967
Source of Wealth:	Actor, Producer, Writer, Businessman
Nationality:	United States of America
Last Updated:	2021

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Will Ferrell progressed seamlessly throughout his career from being a cast member on Saturday Night Live, to a movie star, and eventually a businessman.

As of 2021, his net worth is estimated to be $160 million. Below is his journey of how he got there and three lessons we can learn from it to improve our own financial situation.

[Read more…] about Will Ferrell Net Worth (3 Lessons from his Path to Wealth)