Do you use a credit card for emergencies? You are not alone, as many of us were taught to keep a credit card, “just in case.” More than 189 million…
Tag: interest
You’ve heard of the 7 wonders of the world; places like the Taj Mahal, the Roman Colosseum, and the Great Wall of China. But do you know what the 8th…
In this webinar we cover savings from A to Z. What exactly is saving and why it’s different from investing, why it’s important, common excuses for not doing it and…
Compound interest is a key component to growing your investments. Basically, when interest is paid on the principal (or your investment account earns a positive return) that interest or return…
A certificate of deposit (CD) is an account where you’re required to leave your money for a set period of time (3 months, 6 months, 1 year, 5 years, etc.).…
A money market account combines some of the features of checking and savings accounts by offering limited check writing, a debit card and usually a higher interest rate than a…
A savings account is typically used to hold money for longer periods of time, when you anticipate only a few withdrawals per month. Most savings accounts earn some interest, with…