Articles for howthemarketworks.com

Income Tax Filing and the 1040

What is income tax? Income tax is the tax you pay on your income, usually directly taken out of your paycheck. Everyone who works in the United States should be paying income tax on their earnings. Income is more than just wages and salaries too. If you earn rents from rental properties, investment income, interest Read More…

Types of Business Ownership

A key first step for any entrepreneur is setting up an organization that will be used to formally embark on the business journey, but many new business owners struggle to identify the best way to move forward. These are the most common ways to organize a business, from the simplest through the most complex. Sole Read More…

Credit Reports

Credit Reports are basically a report that contains your credit history – both the good and bad. If you watch late-night TV, you have probably seen a few commercials offering free credit reports, so you might know that these are important. Most people, however, don’t know just how big a role a credit report can Read More…

Net Worth Calculator

Net Worth Calculator! Knowing your net worth is the first step towards growing it! This tool will help you organize your assets in one place, and even help project how they will grow in the future. If you have used our Home Budget Calculator to help see where you can improve your savings, the next Read More…

Home Budget Calculator

Home Budget Calculator! The most difficult thing people think of with personal finance is building your monthly budget, and sticking to it. There are tons of different expenses and payments to consider, so we put all the big ones in one place! This tool will also help you see exactly how much you can set Read More…

Car Loan Calculator

Car Loan Calculator! The first BIG purchase many people make is when they buy their first car. This calculator will help show the impact of many of the biggest factors people need to consider when taking out their first loan for a big purchase. If you have used our Credit Card Payment Calculator to see Read More…

Credit Card Payment Calculator

Credit Card Minimum Payments Calculator! Credit Cards! These are usually the first “loans” a person takes out, and the first monthly payments! Tens of thousands of young people dig themselves deep into credit card debt before they even realize it, so have fun with this payments calculator to see how much these bits of plastic Read More…

Advanced Investment Return Calculator

Advanced Investment Return Calculator Find out the difference between Simple and Compound Interest! See how big an impact your tax rates and inflation have on your savings over time! If you have already used our Becoming A Millionaire Calculator, you can use your targeted Expected Investment Return numbers in this calculator to see how to Read More…

Saving To Be A Millionaire

How to Become a Millionaire Calculator (A lesson in compound interest.) Want to be a millionaire? Everyone does, but do you know how much you need to save and what rate of return you need to get on your investments to reach that million level? This financial calculator helps you learn how your savings grows Read More…

Buy vs Lease Calculator

Buy Vs Lease Calculator! The biggest expense most people have is the place they live, one of the biggest decisions young people face is whether to buy their home, or continue to rent. Conventional wisdom says that buying will pay off in the long term, but believe it or not this is not always the Read More…