Mutual Funds: What are they?

Spread the love

Mutual funds are one of the most common investments. They seem to be popular in conversations around retirement and in the personal finance world. For that matter, whenever you watch any news show, it seems there is someone talking about investing or saving money in either insurance or mutual funds. Mutual funds are one type …

How Personal Credit Works

Spread the love

Personal credit and the credit scoring system can oftentimes be confusing. It seems nowadays that you cannot do anything without first checking with the credit “gods”. In this review of how personal credit works, I discuss in detail what a personal credit score is, how credit scores are calculated, how banks use your credit history …

Financial Literacy: A Path to Financial Education

Spread the love

Financial literacy and financial education are thrown around a lot in the personal finance arena. And to be honest, I believe this topic should be discussed in much further detail. In this review of Financial Literacy, I am going to discuss what financial literacy is, why it is important, how it can start you on …

Emergency Fund Savings: Do you need one?

Spread the love

Banks and Financial Advisors often talk about an Emergency Fund Savings Account, also known as an emergency fund, as something required for every individual. Is it really required? Are there other financial vehicles that can accomplish this? In this review of Emergency Fund Savings, I will first define what is meant by an emergency fund, …

Is Financial Freedom a Myth?

Spread the love

Can we achieve financial Freedom? Understanding the step to achieve financial freedom is really a complex issue. This is easier to discuss in a forum versus directly telling you what to do, but I will break down some steps and multiple options that can help you achieve financial freedom and ultimately how I was able …