Life is full of unexpected incidents. Just when everything seems to be going along just fine, this is when disaster can strike, and you are left in a situation in which you are in desperate need of money but aren’t really sure where to turn to gain access to it. One option you have in front of you is to take out a personal loan for an emergency, but before doing so, some steps are certainly worth taking to protect yourself. It is these that we are going to discuss in more detail in the following blog post. So, without further ado, let’s get started.[Read more…] about What Steps Should You Take Before Taking A Personal Loan For An Emergency?
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.
|Net Worth:||$250 Million|
|Born:||March 24, 1976|
|Source of Wealth:||Professional Athlete, Endorsements|
|Nationality:||United States of America|
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?