Cassandra Wood – Stocktrak Learn

The Paycheck Variation Simulator Compare net pay across different employment structures Salaried (W-2) Hourly (W-2) Independent Contractor (1099) Tipped Employee (W-2) Annual Gross Salary Pay Frequency WeeklyBi-weeklyMonthly Location (State) CaliforniaNew YorkTexasFloridaIllinoisWashingtonPennsylvaniaOhioGeorgiaNorth Carolina Calculate Regular Hourly Rate Regular Hours (week) Overtime Hours (week) Location (State) CaliforniaNew YorkTexasFloridaIllinoisWashingtonPennsylvaniaOhioGeorgiaNorth Carolina Calculate Total Annual Contract Income Location (State) CaliforniaNew Read More…

Property Insurance Quote Builder Property insurance is a financial tool that protects your home and belongings from damage or theft. Whether you own a house or rent an apartment, a policy ensures that you won’t face a devastating financial loss after an unexpected event like a fire, storm, or break-in. In exchange for your monthly Read More…

Auto Insurance Quote Builder Auto insurance is a contract between you and an insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your payment, called a premium, the insurance company agrees to pay for losses as defined in your policy. It’s not just a good Read More…

Financial Resilience Simulator Just like how we get annual check-ups for our physical health, our finances need regular check-ups too. This simulator is your personal financial stress test—a way to measure the strength and flexibility of your current savings plan. We’ll put your budget through a series of realistic ‘what-if’ scenarios to see how it Read More…

Income Protection Calculator Think of your income as the engine that powers your financial life. But when an unexpected illness, injury, or tragedy occurs, that engine can stall. Income protection insurance is designed to be your backup plan. So you can still pay your bills if you’re unable to work due to a disability, and Read More…

The Cost of Healthcare Calculator Visualize the total potential annual cost of your health insurance plan, including premiums, deductibles, and out-of-pocket maximums. Insurance Plan Details Monthly Premium ($) $300 Annual Deductible ($) $1,500 Co-insurance (%) 20% Out-of-Pocket Maximum ($) $6,000 Healthcare Scenario Healthy YearModerate YearMajor Medical Event Healthy Year: 2 doctor visits, 1 prescription Total Read More…

Student Loan Calculator Plan your repayment strategy and save thousands on interest Calculation completed successfully! Loan Details Loan Amount ($) Annual Interest Rate (%) Loan Term (Years) Repayment Plan Standard RepaymentExtended RepaymentGraduated RepaymentIncome-Driven (Estimate) Annual Income ($) Calculate Payment Extra Payment Calculator Additional Monthly Payment ($) Calculate Savings Payment Summary Monthly Payment $326 Total Interest Read More…

Buy vs. Lease Calculator Compare the financial impact of buying versus leasing a vehicle Getting your first car is a major milestone. One of the biggest choices you’ll face is whether to buy or lease your vehicle. Both options have their own pros and cons, and the long-term financial impact isn’t always obvious.By using this Read More…

3 Steps to Starting a Side Hustle 1. Identify Your Side Hustle Idea The first step to creating a successful side hustle is to identify a profitable idea that aligns with your skills, interests, and schedule. To brainstorm ideas, consider the following: Reflect on your strengths and skills: Research popular side hustles online: Once you Read More…

10 Strategies to Prepare for the Expiration of Enhanced Premium Tax Credits The enhanced Premium Tax Credit (PTC) was introduced in 2021 as a temporary measure to help Americans access healthcare during the COVID-19 pandemic. However, with the expiration of these subsidies looming, millions of people who rely on them to afford health insurance are Read More…

Future-Proof Your Career from AI While AI will undoubtedly change the workforce, it can also be your greatest ally. This guide equips you with powerful strategies to embrace artificial intelligence as a key resource in continuously improving your career and professional opportunities. Check out this video on 5 AI Tools that Will Make You Indispensable! Read More…

Learn how to maximize deductions, secure your future, and manage the expenses of caring for a loved one.

Learn how the Federal Reserve’s recent rate cuts will affect your mortgage, credit cards, savings, and investments.

Yield The amount a bond pays out in interest every year. Click Here for our lesson on Bonds

Working Class A socioeconomic group characterized by filling most working roles in a society but having very little total wealth or power.

Whole Life Insurance A type of life insurance that expires after a certain number of years if the policy holder does not die. When the policy expires, there is a cash payout. Whole life insurance is considered a type of investment.

Wealth Management The act of a business to help a person or family to manage their wealth in such a way that it is properly invested to grow over time.

Wealth The total net worth of a person, including intangible assets.

Warren Buffet One of the world’s richest men and most famous investor, and proponent of the Buy and Hold investing strategy.

Warranty A written guarantee of work, customer satisfaction, or product reliability offered by a seller or manufacturer to a buyer. Warranties are offered to increase customer confidence in a product.

Wants The endless goods or services that a person wants, but not needs, to have. Managing “wants” against income and savings is a central conflict of personal finance.

Wall Street A street in downtown New York City that is home to the New York Stock Exchange. Click Here for our lesson on Wall Street

Wage Garnishment The act of a creditor gaining the right to a portion of a person’s paycheck to pay back a previous debt before it is ever paid to the employee itself. This is frequently a consequence of structured bankruptcy procedures or lawsuits.

W-2 A document provided by employers to employees of companies in the United States detailing the total income paid during the previous tax year, including the amount that was withheld by the company and paid to the government as taxes. This is usually the starting point to filing a tax return.

VRIO Framework A strategic thinking exercise that examines if a company or product is Valuable, Rare, Imitatable, and Organized. If the company or product answers “no” to any of these questions, it is not likely going to be able to maintain a strong competitive advantage over competition.