Home-buying is a complex process that involves multiple steps, from finding the right property to securing financing, negotiating contracts, and completing the closing process. However, even after making it to the final stages of a home purchase, there is still the possibility that the deal may fall through. According to Trulia’s most recent data, only … Read more
If your credit score is between 800 and 850, it is considered exceptional. This indicates that your FICO Score is significantly higher than the national average. According to Experian, consumers with credit ratings of such outstanding levels make up 21% of the total. What does a credit score of 830 mean? Excellent approval … Read more
[et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”] Wade Pfau, a professor of retirement income at The American College of Financial Services, recommends that annuities should account for no more than 20% to 40% of your retirement savings. For inflation protection and easier access to your money, the … Read more
[et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”] The Internal Revenue Service (IRS) estimates that sole proprietorships make up between 71 and 75 percent of all firms in the US. The vast majority of sole proprietorships are small businesses. They account for only approximately 6% of total sales … Read more
The majority of lenders view a FICO score of 800 as excellent credit. About 21.8% of Americans have a credit score of 800 points and higher. If you have a credit score of 800, then it likely means that you’ve managed your debts well and you never miss paying your loans. How do … Read more
[et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”] There is no definitive answer to this question since it depends on many factors, including the person’s income, student loan debt size, and other financial obligations. However, a decent general guideline is to allocate at least 10% of your income … Read more
In a noncontributory, 100% of eligible persons (employees) must be covered by the policy. The norm for insurance businesses is that noncontributory plans must enroll all eligible employees. The standards for deciding who is qualified to participate in the plan may be established by the employer. What is a noncontributory pension plan? Any … Read more
There are a lot of women in accounting, and the field is growing rapidly. In 2020, up to 60% of women are in the accounting industry in the United States, according to the Bureau of Labor Statistics. There are many reasons for this growth, but one of the main reasons is that women are … Read more
[et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”] Depending on whether you’re working with a debt collector or the original creditor, a creditor will usually agree to accept 40% to 50% of the debt you owe, though it might be as much as 80%. In either situation, your … Read more
Depending on your repayment, income, living costs, and other loans, you can have too much student loan debt. The Consumer Financial Protection Bureau suggests that your student loan payments should typically not exceed 10% of your gross monthly income. What is the Consumer Financial Protection Bureau? A regulatory body tasked with keeping an eye on … Read more
[et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”] Zakat is a form of almsgiving to provide for the poor and needy. It is one of the five pillars of Islam. The basic formula for calculating Zakat is 2.5% of wealth over the course of financial year. This percentage … Read more