The Benefits of Interest Interest plays a role in almost all aspects of personal finance — including savings, investing, credit, and loans. Simply Put: Interest is the money earned or paid when someone makes or receives a loan. You can be paid interest for keeping money in a bank account, purchasing a bond, or making other investments. You can also …
‘Check’ It Out
‘Check’ It Out Checking accounts can often come with pesky fees, which are designed to catch you off guard and cost you money. But to pay your rent, cover your credit card, cable, or utility bills, and repay your student loans, you almost certainly need a checking account. Do you currently have one? Look through your account’s transaction history and …
Looking at Budgeting
. Your budget is your blueprint for keeping cash flow positive, and for sticking to your saving goals. Whether you’re single, supporting others, and/or have a partner, it’s essential to have one overall household budget. That big picture is indispensable for having a good sense, based on actual numbers, of where your household stands financially, and how you plan to …