A few weeks ago, we introduced the terms unsecured and secured credit. Melinda did a great job of defining the terms in her "Simple Does It" series, and now that we have a great definition base, it's time to put those definitions to work!

As we continue our definitions series with an in-depth look at the terms on stock balance sheets, we come to the definitions that comprise the asset turnover ratios. These include receivables turnover, inventory turnover, fixed assets turnover, and the average collection period. This long list of definitions may seem intimidating, but the asset turnover ratio definitions aren't so bad. Let's take a closer look at them.

Asset Turnover Ratios

I read a good fiction book over the weekend, “Silver Sparrow” by Tayari Jones. It’s about a man who marries really young and falls in love later in life. His affair produces a love child, and instead of divorcing his current wife to marry the woman he loves, he brilliantly decides to become a bigamist. In the meantime, his first wife becomes pregnant as well.

It's getting close to that wonderful season again. Yes, tax season. Ugh. Unless you're a CPA or secretly love to read the IRS tax code, you probably don't look forward to tax season, particularly if you're self-employed. However, if you know a few things about taxes, the season doesn't have to be all gloom and doom. The following are a few general things to keep in mind about self-employment and taxes, courtesy of the IRS.

How the IRS Defines Self-Employment

You may not have dreamed of the day when your future spouse asks you, "Will you sign a prenup?" It's just not as romantic as "Will you marry me?" However, prenups can be an integral part of any marriage, protecting you both in the event of a divorce. Even if neither of you is rolling in the dough before the wedding bells ring. How? Well, let's take a look at all that prenups involve.

The Lowdown on Prenups

What is it about life that sometimes it seems all you're surrounded by are Debbie Downers? And not even the funny kind of SNL fame? You know the kind of person I'm talking about, right? Someone who always has something negative to say, kind of like the following:

You: Our dryer quit, but we bought a new one this weekend – at a great price!
Them: I heard that brand melts clothes. And sets houses on fire.

When beginning to invest in the stock market, there are a ton of terms to wade through before you can even begin to make a decision on which company is the best fit for your investing needs. Thankfully, even though these financial terms may seem intimidating, they really aren't all that difficult to understand. Let's take a look at one of them: Return on Equity.

Return on Equity

I came across an article today that talked about appreciating what you have, especially when you're feeling down. Just taking the time to write your list can boost your happiness immensely.

I haven't been feeling down, but I thought that listing everything we're thankful for can just be an overall great way to approach life. It helps keep things in perspective and helps us remain happy throughout life. So, I thought, why not?

Here are the five things I am most thankful for:

  1. Everything about my husband.

I don't know about where you live, but this year's winter has been a strange one, indeed. Normally, western New York is known for a virtual bounty of snow. Up until very recently, we had very little of the white stuff on the ground; in fact, a good majority of our winter has consisted of temperatures well above normal.

Finally, though, we got a good dose of the lake effect special, our lawns finally covered with a blanket of white. My five-year-old twins and I took the opportunity to try our hands at turning some of the snow into something other than a snowball: snow ice cream.

Everyone's heard the saying "Time equals money." It's often very true: More time working means more pay; putting time into a business means you'll (usually) make money; and taking time away from a person means that he won't be able to make money in that time period. Essentially, time almost always equals money.