Author: Collin Masters
Debt Payoff: What is the Avalanche Method?
Avalanche method is a debt payoff strategey focusing on your highest interest rate debt first. First, you organize your credit cards by interest rates from highest to lowest. The amount of debt you have on each credit card, does not matter. Pay all of the minimums and put any extra money towards the credit card…
Labor Day: Is the Stock Market Open?
Is the stock market open on Monday September 1st, 2025? in observance of Labor Day the stock market will be closed on monday. After the holiday, the stock market will be open on Tuesday, September 2nd, 2025. There are mulitple holidays throughout the year where the stock market is closed. It will be closed for…
Debt Payoff: What is Snowballing?
Snowballing is method of paying off debt. It allows the person to have pyschological wins to continue the grind and hard work of paying debts. Take all of your debts and line them up but the amounts owed from smallest to largest. Start to pay all of the minimums to avoid fees and put any…
Best Online Savings Accounts: May 2024
The best online saving accounts normally offer higher interest rates than traditional savings accounts and traditional banks. At many online banks there are high-yield savings account options,The lower maintence costs of not having actual bank location allows the higher interest rates to be offered. The downside of an online bank is not being able to…
Is the Stock Market Closed for Memorial Day?
The stock market is closed on Memorial Day, Monday May 27th. Planning ahead for the days the stock market will be closed, can help with the balance of the portfolio. People have different strategies about days the market is closed and when to make buys or sells if any. The next holiday the stock market…
Endowment Fund: What is it?
An endowment fund is a portfolio for a nonprofit, the money that is derived from doantions. The portfolio should become self sufficient and help support the charitable activites. What is An Endowment? A gift to nonprofit for certian purpose. Who Contributes? The people that contribute can range from old students to church vistors to anyone.…
