8 Financial Concepts Every Adult Should Understand
What are financial concepts, exactly? Financial concepts are the principals we all need to understand in order to manage our money effectively. They are essential to financial literacy and act as the backbone for all our wealth-building decisions. So without…
What Determines Stock Prices?
Have you ever wondered why stock prices jump around the way they do? And why they sometimes seem to change at random? While it may seem random, there are actually quite a few factors that determine stock prices. Why stock…
21 Quotes on Investing, Money & Life to Inspire You in 2021
Who couldn’t use a little bit of extra inspiration as we work towards our personal, professional, and financial goals in 2021? Here are 21 of The Ambitious Dollar’s favorite quotes on investing, money, and life. 1. “Beware of little expenses.…
Webull Free Stock Odds – 2021 Update
What is Webull? Webull is one of the more recent newcomers to the free trading app scene. Webull launched in 2017 and has been slowly growing in popularity as it seeks to compete with other low-fee and free trading platforms…
Understanding the Debt to EBITDA Ratio
No, you’re not crazy. EBITDA sounds like gibberish. And if you’ve never heard it pronounced, it goes like: ee-bit-duh. Now you can at least sound like you’re in the know, right? Despite how it sounds though, EBITDA is an acronym…
How & Why You Should Create a Personal Balance Sheet
You’ve probably heard of companies using a balance sheet, but it may have never crossed your mind to use one for yourself. What is a personal balance sheet? A personal balance sheet, also known as a personal financial statement, is…
M1 Finance for Beginners: What You Need to Know
Short on time? Here’s what you need to know about M1 Finance and why they’re a great investment platform for beginners: Free to set up an account Zero commissions and trading fees Low minimum balance Fractional shares Robo-advising that allows…
How to Turn Money Into More Money – 3 Basic Options
We’ve all heard the saying, it takes money to make money. While the sentiment is true, the good thing is that you don’t always need much money to start the process. It could be as little as $1 in some…
What Makes a Good Investment? 6 Things to Look For
A 2019 study by GOBankingRates found that 55% of adults in America aren’t investing. Investing is important for so many reasons because it: Provides you with the opportunity to gain higher returns Is an effective way to help you save…
10 Personal Finance Ratios To Help You Build Wealth
What are the 10 personal finance ratios that will help you build wealth and increase your financial literacy? Liquidity ratio Targeted net worth ratio Current ratio Liquid assets to net worth Savings ratio Debt to asset ratio Debt to income…
