This blog assumes you know what cryptocurrency is. The Biden Cryptocurrency EO serves as a high-level homework assignment to the other branches of government. Basically, it highlighted what’s been happening in this area in the past few years: Digital assets are skyrocketing in terms of market cap (going from $14 Billion in 2016 to $3 …
Borrowing & Credit
Good Vs Bad Debt
So, some people believe that you shouldn’t EVER have debt. I don’t subscribe to this theory. There are times when debt may help. What is the difference between “good” debt and “bad” debt? Well, a simple answer is that good debt helps you finance something that will potentially increase in value, for example, a mortgage. …
Student Loans
Forbes published an article about the student loan debt crisis a couple of years ago. Among the concerning statistics shared in the article, there was this little tidbit….student loan debt has now surpassed credit card and auto loan debt, making it the second highest consumer debt category, totaling more than $1.5 trillion. Unfortunately, dealing with …
Credit Card Debit
Welcome to October, which is National Credit Card Awareness month! There was an article published on the Credible financial website that did a survey of 500 Americans with credit card debit. The survey said that of those survey participants, age 18-34 years, 33%+ said that debt is the scariest thing in their life. Just over …
Credit Card Benefits
We all know the basic benefits of a credit card—allowing you to pay for things over time and building your credit, and you might even be familiar with rewards such as cash back, miles, or points, as I talked about in last week’s Jill’s Journal. That said, I recently opened a business credit card and …