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Understanding the Different Types of Insurance

Insurance is a legal agreement that protects you against financial loss. It is a safety net for you and your family. Although insurance can’t prevent bad things from happening, it can help you recover faster and stay on the right track after a catastrophe....

The Basics of Personal Finance

The field of personal finance encompasses many areas including investing, savings, budgeting, and retirement planning. It is important to understand all of these areas so that you can make smart financial decisions and avoid costly mistakes. For example, spending is...

Building Credit – What You Need to Know

There are a variety of ways to build credit. This includes using a credit card, taking out a loan, and piggybacking off a family member’s card. It can be a bit daunting to tackle the process, but it is not impossible. The key is establishing a positive payment...

The Limitations of Loans

Loans are money given to individuals, corporations, governments, and business ventures. They help with the growth of the overall money supply of an economy. However, borrowers should be aware of the limitations of borrowing money. This will allow them to make smarter...

What Is Insurance?

Insurance is an agreement in which one party (the insurer) promises to reimburse another party (the insured) for a loss, usually a monetary one. Insurance is a community solution to the risks faced by businesses and individuals. There are many types of insurance for...