A 401(k) is a retirement savings plan sponsored by an employer. It allows employees to save and invest a portion of their paycheck before...

We've previously talked about loans, but sometimes these loans dont have much flexibility. A type of loan that has more flexibility is...

Interest is a fundamental concept in finance that affects everything from savings accounts to loans and mortgages. Whether you’re a saver...

There are times where we do not have the funds to make a purchase, or when we need help from an external source via borrowing. This is...

In the finance realm, we want to optimize our capital returns and reduce our risk to the best of our abilities. With diversification,...

Emergencies are unexpected. Throughout our lives, sudden events will occur that cost us our time, efforts, and especially our money....

We've all heard of passive income, but did you know there's a way to make passive income on the stocks that you invest in? Beyond just...

Market capitalization, often referred to as "market cap," is a crucial metric for understanding the value of a company in the stock...

There are many metrics that help investors choose which stocks to invest in. One of the most important metrics that one can use to assess...

Everyone knows there are an innumerable amount of ways to invest your money. As we have already discussed investing into stocks, or...

We’ve all heard of the IRS, but how much do we really know about this powerful agency? For many, the mention of the Internal Revenue...

Planning for retirement is crucial for financial security in later life, and an Individual Retirement Account (IRA) is a powerful tool to...

Imagine if we could put money into an account and watch it accumulate heavily, but only if we don't touch it for a while. In a world like...

A savings account is one of the most fundamental financial tools available, but what exactly is it, and why should you consider having...

We've all heard that it's good to take risks in life. In the business world, it is also good to take some risks. However, when we take...

We've all heard of day traders "making millions" on TikTok and finance gurus with large trading portfolios. While these personas make...

In the finance realm, accounting is the underlying pillar that supports the structure of any organization. It's often referred to as the...

In today's fast-paced economy, we are so quick to pull out our cards for payment rather than cash. Just think about all the times we've...

In the finance realm, credit is defined as "the ability of a customer to obtain goods or services before payment, based on the trust that...

In the finance world, budgeting means estimating revenue and expenses over a specified future period of time. This is one of the most...