The qualifier “unlimited” refers to the limits between the business entity and its owners. When business owners have unlimited liability, they can be fully responsible for their company’s debts and other financial obligations and must cover for them from their personal assets An example of unlimited liability is a business created by an individual. For instance, suppose that an entrepreneur creates a construction business. They set up their business as an individual so they and their company are legally the same....

You can find yield farms through decentralized finance (DeFi) platforms such as PancakeSwap or cryptocurrencies exchanges such as Bitrue. For example, PancakeSwap offers opportunities to join yield farms with interest rates from around 2% to more than 200% APR. Bitrue features yield farms with interest rates over 100% the annual percentage rate (APR) as well. These high APRs come from transaction fees, lending interest, or joining a proof-of-stake liquidity pool....

Or, it could be that an employer you’ve applied to contacted her to learn more about your work history. Now what? First of all, it’s time for some serious damage control. What to do next depends on what you were doing when you caught, and how much your manager has discovered. What To Do if the Boss Catches You Job Searching In today’s competitive employment climate, it isn’t unusual for employers to try to “steal” top talent from their competitors....

Resigning vs. Getting Fired There are several factors to consider when you resign, including eligibility for unemployment compensation, benefits, recommendations, a possible severance package, what you can say at job interviews, and how the company describes your termination to prospective employers. If you are asked to resign, you don’t need to give an immediate response. Take the time to consider the alternatives to resigning before you get fired. The following information will help you decide whether you should quit before you get fired....

What’s a Credit Card and Do You Need One? A credit card looks just like a debit card, but instead of taking funds directly out of your bank account, you’re essentially getting a short-term loan from the card’s issuing bank. You may need to pay interest unless you pay off the card each month. It’s difficult to say that anyone actually needs a credit card, although they’re a great resource in an emergency....

This is a critical question for customer service positions. It’s important to make clear that you wouldn’t just walk away if a team member doesn’t arrive to replace you, leaving your post unattended. Here are a selection of sample answers you can use to respond to questions about what you would do if your replacement doesn’t show up. What the Interviewer Really Wants to Know Employers ask this question to gauge how willing a candidate is to “go the extra mile” and assume additional responsibilities when necessary....

We’ll go into more detail about each reason, and show you what landlords can do to avoid broken lease agreements. Property Is in Violation of Habitability Standards The law requires landlords to maintain the property in a fit and habitable condition. This can include: Ensuring tenants have access to running water at all timesProviding proper trash bins for garbageKeeping the common areas cleanPerforming repairsFollowing health and safety codes The tenant can file a health or safety complaint if the property is not kept up....

Where Does the Money Come From? Credit card companies pay for rewards with revenue from two main sources: you—the consumer—and the merchants who accept their cards. You’re likely aware of your contribution. You pay interest whenever you carry a balance on your card and fees whenever your payment is late or you get a cash advance. But most consumers don’t know about the fees that retailers pay card issuers behind the scenes....

You may want to give some thought to exposure to these asset classes to improve your long-term risk-adjusted returns. What Is the Paris Agreement? The Paris Agreement is the world’s first comprehensive climate agreement between nearly 200 countries. It was designed to mitigate greenhouse gas emissions. The agreement’s stated goal is to hold the increase in global average temperatures to well below 2 degrees Celsius above pre-industrial levels, or less than 1....

Recent Debt Ceiling History The debt ceiling was reached again on Jan. 19, 2023, when the national debt crept above $31.4 trillion. It was set in December, 2021, when the debt ceiling was raised by $2.5 trillion. Until Congress increases the debt limit, the Treasury Department must rely on “extraordinary measures” to meet the government’s obligations. These measures cannot go on indefinitely, and the government will be at risk of default sometime later this year....

Taxes at the Federal Level The federal government doesn’t impose an inheritance tax, and inheritances generally aren’t subject to income tax. If your aunt leaves you $50,000, that’s not considered income, so the cash is tax-free—at least as far as the IRS is concerned. State Inheritance Taxes You probably won’t have to worry about an inheritance tax, either, because only six states collect this tax: Iowa, Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania....

Money conversations with a significant other, particularly a future spouse, are not always simple conversations to have. Statistically, married couples are less likely than any other type of couple to have regular money chats. However, these talks should be a priority before you walk down that aisle to avoid financial misunderstandings after you tie the knot. Approaching this conversation with honesty and transparency can help you get started on the right foot....

Should you invest only in 5-star funds? Before giving the answer to this question in detail, let’s learn more about the star rating and how it works. What Is the Star Rating for Mutual Funds? The most common place to read and learn more about 5-star funds is through Morningstar, Inc. This firm conducts research on mutual funds, ETFs, and stocks. Morningstar is an investment research firm that rose to prominence in the mutual fund world in large part due to its star rating....

You’ll Lower the Interest You Pay If your credit card issuer uses your daily balance to calculate your finance charges, you will benefit from making your payment earlier in the billing cycle. The more days you have a low balance, the lower your finance charge will be. It Makes Budgeting Easier Paying your bills all at once rather than as they come due makes it easier to stay on budget. When you pay your bills early instead of waiting, the funds can be deducted from your bank account....

Most people get fired at least once during their careers, but when it repeatedly happens, it can be both personally and professionally beneficial to find out why. Honestly evaluate yourself, and consider what you could’ve done differently to keep your job. Recognizing your downfalls and work habits that may contribute to repeated job loss is the first step toward changing the pattern and improving your work experiences. Poor Job Performance You should take pride in your work, rather than rushing through items on your to-do list....

However, not all 529 plans are created equal, and even though every state offers its own 529 plans, choosing your state’s offering may not always be your best bet. What many investors may not know though, is that you can choose any other state’s plan or opt to go through an advisor instead. But faced with dozens of choices and complicated tax and fee structures, it’s not always easy to choose a plan....

Bond exchange-traded funds (ETFs) make it easy to invest in many bonds at once, building a diversified portfolio to reduce the risk you face if a particular bond issuer defaults. If you’re looking to invest in a bond ETF, these are the best ones—listed in no particular order—to consider in 2022. We built this list by looking at and comparing a few factors, including the minimum investment required, the expense ratio and other fees charged by the fund, as well as the fund’s historical returns, trade volume, and dividends....

Navient, which manages the accounts of 5.5 million federal student loan borrowers, said last week it would be transferring that part of its business to Maximus Federal Services, which also handles federal student loans that are in default. Navient, which also has a private student loan business, anticipates the deal going through before the end of the year, though it still has to be approved by the government. The servicer first indicated plans to stop working with the Department of Education in July 2020, but the timing of the transition was unclear....

While it may not seem worth it, it can be wise to keep the card despite the low limit. Here’s what you can do. Why Is Your Credit Limit So Low? There could be a few reasons that your credit card was approved for such a low credit limit. First, the type of card you applied for may give all cardholders the same limit. This is often true for retail store credit cards and subprime credit cards, but it can happen with other cards, too....

What’s the Difference Between Assessed Value and Market Value? In contrast, the assessed value of a home doesn’t come into play during the sales process. Once you’re a homeowner, though, the assessed value of your property will be used to calculate your annual property tax bill. Who Decides Each Type of Value? The official fair market value of a home is determined by the buyer and seller. However, the process starts with a professional appraiser, who inspects the property and considers several factors, such as:...