IRA

What Is an IRA?

Do you know what an IRA is? What is it? What is the full meaning of IRA? An individual retirement account, or in short form, IRA is a form of “individual retirement plan”, provided by many financial institutions, that provides tax advantages for retirement savings. (1) What is an IRA? Read more…

What Does Investing Mean?

What Does Investing Mean?

What does investing mean and how can you start investing? Investing in when you put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit, according to oxford. To put it in words you and I can better understand, investing is when you Read more…

What Is Good Debt?

What Is Good Debt?

What is good debt? Is it necessary to have good to owe the banks? Borrowing from the bank that is considered good is an investment you make that will grow in value or generate long-term income. Taking out student loans to pay for a college education is the perfect example. Like Read more…

What Is a Budget? Do I Need One?

What Is a Budget? Do You Need One?

What is a budget and should you start one? Do you really need a budget? Find out below. Since budgeting allows you to create a spending plan for your money, it ensures that you will always have enough money for the things you need and the things that are important to you. Following a budget or spending plan will also keep you out of Read more…

what is apr?

What Is APR?

What is APR? Find out below. This is a bit technical. But APR means Annual Percentage Rate, and it’s the official rate used if you want to borrow. When it’s calculated it includes both the cost of the borrowing and any associated fees that are automatically included. This is meant Read more…