Saving money can be difficult – especially if you’re in school or just starting your career. Keeping a small nest egg in case of an emergency car repair, unexpected bills, or planning for a large, future purchase is a wise financial strategy. But getting started...
Compound interest is interest paid on interest already earned on a deposit or loan. Think of it as ‘interest on interest’. For those of you who struggle to pay off credit cards, compound interest is likely the culprit. Interest from the prior month is added to the...
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