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Tag: income

How can I overcome my money troubles right now?
  • Uncategorized

How can I overcome my money troubles right now?

  • Posted on August 28, 2020July 26, 2022
  • by BrightDime

If you’re feeling panicked about your money right now, breathe and start reviewing your current situation with these six steps. #1. Let’s start with looking at your monthly income and…

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What Exactly Is a Marginal Tax Rate?
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What Exactly Is a Marginal Tax Rate?

  • Posted on December 13, 2019July 26, 2022
  • by BrightDime

The United States has what is known as a “progressive” tax system, meaning individuals with lower income are taxed at a lower rate than people with a higher income. Your…

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  • Glossary

debt-to-income (DTI) ratio

  • Posted on July 15, 2019July 26, 2022
  • by BrightDime

Debt-To-Income (DTI) Ratio is an important measure of risk that divides your total monthly debt payments by your monthly income. Lenders use it to determine how well you manage monthly…

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  • Uncategorized

Do You Need Life Insurance? Consider These 5 Questions.

  • Posted on May 16, 2019September 15, 2022
  • by BrightDime

Life insurance is a financial tool that provides a death benefit to your named beneficiary in exchange for premium payments to the insurance company. While it’s not always easy to…

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  • Uncategorized

Organize Your Financial Life: Planning and Automating

  • Posted on January 2, 2019July 26, 2022
  • by BrightDime

It’s a new year and we all have a busy life. So why not start the year off right by getting your financial information organized and in order? Managing your…

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  • Glossary

income

  • Posted on September 7, 2018July 26, 2022
  • by BrightDime

Income is simply money you’ve received. A paycheck, cash you got from a side job, rent you receive from a rental property you own, interest earned on a savings account…

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