Personal Finance Archives

Understanding APR

Understanding APR

According to the Financial Industry Regulatory Authority, 65% of Americans lack financial literacy. With this in mind, let’s look at a common financial phrase that you’ve heard if you’ve ever borrowed money [...]

5 stock terms you should know

5 stock terms you should know

Even the tiniest amount of Googling will reveal an important truth: There are literally dozens and dozens of terms with which you should be familiar before you start investing in stocks. Of course, you need [...]

Term life insurance basics

Term life insurance basics

No one likes to think about death. And almost as bad, life insurance. There are much more enjoyable things to plan for: vacations, retirement, a shiny new car! The problem is, procrastinating on that life [...]

Debt: Okay or not okay?

Debt: Okay or not okay?

Debt is generally seen as a bad thing, and it makes sense that people would feel this way. Debt can screw up your finances for a long time. But is debt sometimes okay? Here’s [...]

Why your kid needs a Roth IRA

Why your kid needs a Roth IRA

Don’t you wish you started saving for retirement when you were 12? While retirement probably wasn’t something we were thinking about back then (I was probably still thinking about this), it sure could [...]