December 2022 Net Worth

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I enjoy compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. This month's numbers... Well, it's only fitting to finish a bad year with a bad final month. The entire year was barely positive for our net worth, which feels a bit disappointing after a 2021 where our net worth increased almost...

Choosing the right franchise can be a daunting task. With so many options available, it's hard to know which one is the best fit for you and your goals. Whether you're a first-time business owner looking to buy a franchise or an experienced entrepreneur interested in expanding your portfolio, it's essential to research your options carefully and make an informed decision. In this blog post, we'll discuss the factors to consider when selecting a franchise and provide tips for choosing the ri...

What exactly causes an economic recession? Well, there are many factors that could conspire to cause a drop in commercial activity; interest rates are obviously a major factor. When central banks like the Federal Reserve (privately owned) hike the interest rate, people have less money to spend and that impacts all but essential industries and even them to an extent. When inflation starts to creep up, this usually sends ripples through investment markets. That typically leads to a surge i...

Capital gains taxes are taxes that are imposed on the profit that is made from the sale of certain types of assets. These assets can include stocks, bonds, real estate, and other types of property. The tax is applied to the difference between the selling price of the asset and its original purchase price, which is known as the capital gain. For example, let's say that you purchase a stock for $100 and sell it a year later for $150. In this case, you would have a capital gain of $50, whic...

For many drivers, the high cost of insurance is a major financial burden. But what if there were ways for high-risk drivers to save money on their premiums? Here are some tips for how you can keep your rates affordable even if you have a few accidents or speeding tickets on your record. follow these tips and you'll be driving safely and saving money in no time! Shop around for insurance rates before you settle on a company Shopping for insurance can feel like a tedious and overwhelmin...

It's almost the start of a new year, as part of your new year's resolutions, you should consider investing in your 401k, if you aren't already doing it. A 401k is a retirement savings plan offered by many employers. It allows employees to save and invest a portion of their income for their retirement years. Investing in a 401k can be a smart move for a number of reasons. Reduce Taxable Income First, contributing to a 401k can help reduce your taxable income. The money that you cont...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I enjoy compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. This month's numbers... I guess there are two bits of relatively good news this month. First, we are back over $1.5 million, which is something. And second, the year is almost over. At this point I'm ready to just start a fresh ...

A cash advance loan online is a type of short-term borrowing. The majority of short-term loans tend to be payday loans, however, there are other choices available if you want a cash advance. Cash advances can refer to funds that can be withdrawn from a credit card. However, this article focuses on online cash advance loans. In times of necessity, quick cash lending providers may give Australians cash advance loans of up to $5,000. They provide cash advances without requiring you to st...

Whether you have become overwhelmed by a combination of debts such as credit card, medical and personal loans, or you simply got lost in your credit card debt, you are among the $16.15 trillion people in debt in the United States. Even credit cards for fair credit can become an overwhelming source of debt if you let them get away from you. While the choice to consolidate debt might be right for some, it may not be the answer for everyone. There are several things to keep in mind if you are ...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I enjoy compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. This month's numbers... A nice rebound, but it still just makes us barely positive for the year. Still plenty of rough seas ahead.

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