Managing your money can be overwhelming. If you’re not sure where to start, don’t worry, you are not alone, and you’re not doing anything wrong. Learning how to manage money…
Tag: asset
One of the most common questions our financial coaches get is simply, “Am I doing okay?” It sounds like an easy yes or no question, but as we teach at…
A depreciating asset is any item you purchase that decreases in usefulness and value as it is used every day. Some common examples are autos, campers, boats, furniture, etc. Depreciating…
Dreaming about buying a home or a car? These are large purchases compared to things you buy with your credit card and require a little more time and preparation (we…
A balance sheet is a snapshot (at a single point in time) of your financial situation. It lists the current values of all of your assets (cash, car, home, investments,…