Equity, adjusted gross income, stocks, bonds, current ratio, operating cash flow, assets, liabilities, net worth -- it's easy to get lost in the jungle of financial terms out there when you're trying to manage finances. Whatever happened to just measuring income and expenses? Well, when you ask yourself "how much am I worth?" it's not just a question of how much money you have in your wallet, or even your bank account, at that moment. It turns out that, depending on how and when you invest, spend or save your money, your worth varies. Liquid assets make up just one special category of your worth. Understanding it will help you get a better idea of your own financial situation.
With college tuition soaring toward the quarter-million-dollar mark, competition for financial aid is fierce. How much will grades affect your chances obtaining merit-based and need-based aid?
This tax credit, along with the lifetime learning credit, pays you back for going to school. How do you claim the American opportunity tax credit?