Author: Biz Geld

Chase Credit Cards, provided by the globally renowned financial institution, Chase, present a versatile array of options designed to accommodate different needs, preferences, and lifestyles. Whether you’re an avid traveler, a proprietor of a small enterprise, or an individual seeking cash back on daily expenditures, there’s a Chase card tailored for you.Nonetheless, the extensive variety of options can make choosing the appropriate card a daunting task. This article endeavors to streamline this selection process by offering a comprehensive comparison of prevalent Chase Credit Cards, assisting you in making a knowledgeable and advantageous decision. Methodology used in these Chase Credit Cards…

Net income represents the total earnings of an individual or a business after all expenses, deductions, taxes, and other costs have been subtracted from total revenue. In fact, it’s the amount of money left over after accounting for everything that has been spent or owed. Here is the Net Income Formula you can use for the calculation:Net Income = Total Revenue (or Gross Income) – Total Expenses (or Deductions) Example Scenario of what net income is. John’s Monthly Finances: A Case Study John is a freelance graphic designer. At the end of June, he sits down to calculate his finances…

The average American has a credit score of 685. If you want to be in the top half of that average, you should aim for at least 740. And no matter where you fall on the spectrum, it’s important not only to understand what your score means but also how it can affect your life. Here are 9 consequences of having a bad credit score: 1. You won’t be trusted with credit. Your credit score will also affect many other aspects of your life. If you want to get a credit card or take out a loan, for example, lenders…

Navigating the complicated world of credit cards can be overwhelming, especially when it comes to leveraging credit card perks and benefits. Many consumers are unaware of the extensive rewards and conveniences available, losing out on potential savings and exceptional value. Whether you’re a first-time cardholder or looking to maximize your credit card benefits, our detailed guide will uncover seven invaluable insights on credit card rewards and how to maximize credit card perks.. If you have never used a credit card before, or you don’t know how they work, you should check out this guide on how credit cards work. Credit…

It’s easy to think of a credit score as a black box. You know how high or low you are, but what exactly goes into that number isn’t always clear. As you might imagine, there are plenty of factors that can hurt your credit score—and even more that can help it improve. Here are seven common mistakes people make in their quest to boost their scores: 1. Carrying A Balance You’re always better off paying your balance in full each month. That way, there is no interest to pay and the total amount you owe stays the same. But if…

Credit cards are some of the most powerful tools in your financial toolbox. However, they can also be a source of confusion and anxiety if you don’t fully understand how they work. Unfortunately, there are plenty of credit card myths that aren’t true—and in this article, we’re going to bust five of them wide open. Myth #1: Carrying a credit card balance is necessary to build your credit history. A lot of people believe that carrying a balance on your credit card is how you build your credit history. However, this isn’t true at all. Your payment history has more…

If you’re in the real estate investing game, then you are likely familiar with the concept of a 1031 exchange rule: an IRS-approved method of deferring capital gains taxes on a piece of property when selling and reinvesting those proceeds into another property. What is a 1031 Exchange? A 1031 exchange is a tax-deferred exchange of one property for another – it’s not taxed until the property is sold. And under Section 1031 of the Internal Revenue Code, you can defer taxes on any gain from selling an investment property by reinvesting all or part of the proceeds into another…

Do you know what your credit score is? If not, you should get to know it better, because it’s an important number that can impact all aspects of your life. Whether you’re applying for a new job or trying to figure out whether you can afford to buy a house, getting your free credit score can help you make better financial decisions and understand the implications of any choices you make in life. You can request your free credit report either by visiting one of the 3 credit bureaus Equifax, Transunion and Experian, or you can request from all 3…

How do you know if your credit score is good or bad? Will it affect your ability to get a job? Can it impact your marriage? It’s time to find out, as monitoring your credit score can help you in several ways. Here are the 9 benefits of monitoring your credit score. What are the 9 Benefits of Monitoring Your Credit Score? Exclusive Benefits Of Monitoring Your Credit Score 1. Build a Better Financial Future Studies have shown that keeping a handle on your credit score can help you build wealth faster than others. Knowing where you stand financially can…

The benefits of having a good credit score are numerous, and they extend far beyond just getting a loan or credit card. If you’re in the market for a new job, for example, having a high credit score can help you get hired. It helps if you want to rent an apartment or buy a house. It also helps when it comes time to apply for a new cell phone plan. All these are just a few advantages you will have with a good credit score. Here are 7 of the most common benefits of having a good credit score.…