Nobody likes to think about recessions and all the havoc which they can bring upon a society and to the economy. Nevertheless, many people have lived through and experienced the plights of recessions. Although they take a toll on virtually everyone, members of society who are most vulnerable and least prepared tend to suffer on considerably higher levels. This is what makes financial preparation so absolutely paramount. Failure …

Virtually everyone has heard of passive income at one point or another. In essence, passive income is defined by Wikipedia as "income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it." In most cases, this passive income requires a degree of work in the initial phases before the ongoing payoffs. Many people would love to …

Bitcoin's inception as a popular form of electronic cryptocurrency began in 2009. Many individuals have their own thoughts, speculations, and even doubts about Bitcoin. While some view it as a great form of virtual currency, others worry about its potential to be used for illegal or other dubious means. Additional individuals remain in the dark or otherwise unaware of how Bitcoin truly works and all that it entails. …

Millions of individuals have filed for bankruptcy since its inception. This may come as a shock to many people who generally view bankruptcy as a state in which irresponsible individuals find themselves. Although bankruptcy occurs when someone is unable to pay their debts, there are a variety of circumstances and decisions which can bring about this unfortunate situation. According to Investopedia , medical expenses, employment loss, …

Life is different for each and every person. People have different work lives, different families, and different situations. Some people make millions per year while others make thousands. Some individuals are able to independently support themselves which other may receive assistance from friends, relatives, or even the government. Despite the stereotypes and assumptions which are usually made regarding high-income people and low-income people, the great equalizer comes in …

Nine times out of ten, most young people decide to attend college after finishing high school. While this decision can be beneficial regarding success in various occupations, earning at least one source of income during one's time in college is always an advantageous decision. Earning income not only grants students the ability to have their own money but moreover breeds personal responsibility. However, there are certain jobs and …

Pregnancy is often a very exciting time in the lives of soon-to-be-mothers. However, like all things, a degree of preparation is always in order and appropriate. While some employers and places of business do grant their workers paid maternity leave at the appropriate time, this is not the case with all institutions. Therefore, if a woman's company does not pay for her maternity leave, she will inevitably have …

As the world changes, so do work options and the workforce in general. The inevitable emergence of artificial intelligence and automation has also played a role in the shift and perception of work. Traditionally, when most people thought of work, they were reminded of a specific place where they went to offer a particular service or product. However, this, too, is changing. More and more people are rejecting …

Virtually everyone would love to receive a pay raise from their employer. Whether or not said raise is deserved or feasible depends upon many factors and circumstances. However, there are still certain steps that employees should take when they are pondering asking for a salary increase.

Consider the Value You Bring to the Company

The ability to handle money appropriately has never been more imperative. In this day and age, people who are aware of just the most basic ways to manage capital do significantly better than individuals with poor money management skills. The perks of managing capital appropriately are well documented. Any individual who is serious about his or her financial future would do well to learn some of the most …