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A journal entry recording an increase in assets. With cash basis accounting, credits are recorded when income is received. With accrual basis accounting, credits are recorded and r ... Read more

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Investing Tip

Value Investing and Investment Advice

by Warren Buffett

Ben Graham's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas ...

How to Choose and Use Financial Software

There is seemingly an endless choice of financial software that an individual can use to track finances in the areas of investing, money management, and tax pre...

Identity Theft & Credit Card Fraud – How to Protect Yourself

Identity theft and credit card fraud can be a life changing event leaving a victim in financial ruins for years to come. Living in the age of technology where c...

How to Budget in 5 Simple Steps

Everyone can benefit from having a household budget. But it's hard to make a plan and then stick with it. It doesn't have to be impossible, though. Using these ...

Pre-Approved vs. Pre-Qualified

With many debt instruments, be they home loans or credit cards, the terms pre-qualified and pre-approved are often attached with promotional materials and commu...

Dynasty Trusts…Not Just for the Wealthy

With the words "trust fund" often come thoughts of entitlement, wealth, inheritance or other characterizations associated with people or families perceived to b...

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