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Financial Terms Everyone Should Know – Emergency Fund & Compound Interest
Everyone needs an emergency fund! Flat tires, medical bills, car breakdowns, and other unexpected expenses will happen, and usually when you can afford it the least! Having an emergency fund prevents the need to use...
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Financial Terms Everyone Should Know – Fixed & Variable Expenses
There are two types of expenses that we encounter. Fixed expenses are expenses that stay the same from month to month and rarely change. Examples include rent/mortgage, car and other consumer loan payments, streaming...
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Financial Terms Everyone Should Know – Checking & Savings Account
Everyone needs a checking account that allows them to transfer funds for needed expenses. While paper checks are seldom used now, a checking account with a debit card and other linked accounts can help you manage your...
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