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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...

What is Personal Finance?

Personal finance involves making financial decisions based on your individual goals and financial needs. This can be in terms of savings, investments, insurance or tax planning. You might want to save for retirement, college education, a home, a car, or just to enjoy...

Building Credit – What You Need to Know

Building credit is important if you want to make the most of the financial opportunities available to you. A good credit score helps you qualify for better loan terms and lower interest rates. It also makes you a good candidate for rental housing and auto insurance....