close up of coins - stacked by height - growing money, with fingers placing another quarter on top stack

Understanding The Benefits Of Interest

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 …

piggy bank with emergency fund post it

Emergency Funds

Even if you have a great handle on your finances, unexpected challenges can come along that threaten your financial stability – losing a job, dealing with an injury or illness, or having to help a family member who is in need. If you’re not collecting a paycheck, or if you have large, out-of-the-ordinary costs to cover, that can throw your …