Ellen Chang is a freelance journalist based in Houston. She has covered personal finance, energy and cybersecurity topics for TheStreet, Forbes Advisor and U.S. News & World Report as well as CBS News ...

Your home equity — the amount of your house that you own outright — can be a valuable resource. You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your ...

When you own a home, understanding your home equity is crucial, as it contributes to your net worth and borrowing ability. Simply put, home equity is the value of your home minus your mortgage debt.

One of the benefits of understanding how the income statement and balance sheet work together is that you can figure out missing pieces of information based on numbers elsewhere in the financial ...

The balance sheet provides a look at a business at a snapshot in time, often at the end of a quarter or year. In some cases, the accounts on the balance sheet -- assets, liabilities, and equity -- can ...

Stockholders' equity is what's left when you take a company's assets and subtract its liabilities. Therefore, knowing the ending stockholders' equity balance for a particular time period gives you a ...

Sarah Sharkey is a personal finance writer who enjoys diving into the details to help readers make savvy financial decisions. She lives in Florida with her husband and dogs. When she’s not writing, ...

Stockholders' equity is what's left when you take a company's assets and subtract its liabilities. Therefore, knowing the ending stockholders' equity balance for a particular time period gives you a ...

With home prices near all-time highs, many homeowners have built up large amounts of equity. According to an analysis from the National Association of Realtors (NAR), homeowners "build a net worth ...

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...

When you own a home, understanding your home equity is crucial, as it contributes to your net worth and borrowing ability. Simply put, home equity is the value of your home minus your mortgage debt.

Home equity loans and home equity lines of credit allow you to borrow money using your home to secure the loan. Because lenders set borrowing amounts based partly on the amount of equity you have, ...