But $1 million no longer makes you ‘affluent,’ defined as being in the top 10% of U.S. households. Now it requires a net ...

Whether you make a little or rake in a ton of cash every month, it’s important to track your net worth. Your net worth is a measure of how much your assets are worth minus any liabilities you owe. The ...

The poster argued that plenty of six-figure earners live paycheck to paycheck and flex their income despite being buried in debt. “I would rather make 50k a year and have 250k NW, than 150k a year and ...

Wealth Noir is a community focused on financially empowering Black Millennials. To turn your paychecks into lasting wealth, long-term investing is key. Here are some tips on how to make the cash you ...

Net income is the total amount of income left after expenses and deductions are taken out. You can find a company's net income on its income statement to assess the health of a business. Net income is ...

It's almost that time of year; tax season is nearly here. But with all the forms and applications you need to fill out, it's easy to get confused. No matter if it's your first time or you've been ...

If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although many investors are not likely to get hit with this bill, it’s important to ...

Are you richer than your neighbor? You can make an educated guess at the answer by reviewing your wealth relative to net worth averages. If the comparison doesn't go your way, your next question may ...

Gross pay is the amount of money you earn before any payroll deductions are taken out of your paycheck. In contrast, your net pay is the amount of money you take home after deductions like taxes, ...

Knowing your net worth gives you a clearer picture of your current financial situation, helping you stay on top of any outstanding debts, set mid- and long-range saving goals and plan for a healthy ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

You may owe net investment income tax if you made more than the NIIT income threshold. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...