Main Street Finance

Understanding Financial Statements: Income Statement

Understanding Financial Statements: Income Statement

Publicly traded companies are required by law to produce financial statements. Financial statements are used by shareholders, potential shareholders, creditors, suppliers, etc. to evaluate the financial condition of the organization. The problem with the financials is that most people do not understand what they are looking for on these documents. There are four basic financial […]

How to Pay Off Debt

How to Pay Off Debt

How to Pay Off Debt Most financial “experts” have an opinion on what method consumers should use to pay off debt. These solutions assume you have a small amount of dispensable income left after making the minimum payment or standard loan payment that you can and WILL to apply toward your debt. If your cash […]

Holiday Spending

Holiday Spending

  Holiday Spending It’s time to begin thinking about Christmas shopping! Okay fellas don’t close the window just yet, hear me out. I really don’t want to talk about Christmas shopping; I want to discuss how we’re going to pay for our Christmas gifts. If you are wealthy and have plenty of expendable income or […]

Vacation Spending

Vacation Spending

Vacation Spending If you’re like most people your next vacation, long weekend, or holiday is a major focal point of how you motivate yourself to keep going by looking forward to that much deserved time off. I myself recently returned from a wonderful vacation that I had been looking forward to for months. I had […]

3 Money-Making Reasons To Display Your Newsletter!

If you write articles for your website, try not to include the affiliate links in the body of your articles: it will give the impression that you have a vested interest in recommending them. You want your visitors to trust your advice, so don’t turn your article into an excuse to promote products and make […]

Spend Wisely to Save Money

Have you ever noticed that the things you buy every week at the grocery and hardware store go up a few cents between shopping trips? Not by much… just a little each week but they continue to creep up and up.

Is your Budget Sustainable?

Is your Budget Sustainable?

One of the most routine problems people face in their personal finances is not having a budget. Hopefully, you’ve read our article on budgeting and have already cleared this hurdle. The next step is tweaking your budget to ensure it is sustainable. I’m sure you are all accustomed to seeing sustainability discussed in terms of […]

Large Cap: what is a “cap?”

Large Cap: what is a “cap?”

Novice investors or even those allocating their 401K, often come across the terms “small cap,” “mid cap,” and “large cap.” Common perception is that this refers to the size of the company.  In a way that is correct, the term “cap” is short for market capitalization.  For investing purposes, market capitalization is calculated by multiplying […]