Everyone needs to have a solid financial foundation with which to build their money lives, and that foundation starts with the basics. This category is all about teaching you the money basics you’ll need to know to successfully navigate your financial life.
No topic is too trivial in this category. Our articles discuss everything from financial literacy basics to the differences between banks and credit unions and debit and credit cards. You’ll find everything you need to know to get started improving your financial literacy, all in an easy-to-understand way. It’s never too late to better yourself, so get started improving your knowledge of money today!
If it’s been a few months since you moved out of your parents’ house and started living on your own, you must’ve begun to realize that life isn’t a piece of cake. The very things that seemed like a blessing some time ago, such as having your personal and financial freedom, now feel like a …
What’s the difference between a debit and a credit card? Although both debit and credit cards are common financial tools used to make purchases, the differences between them and the potential impact to your finances may not be as clear. You’ve probably heard about the issue of consumer debt in this country, which includes a …
What’s the Difference Between a Debit and a Credit Card? Read More »
Banks and credit unions are both financial institutions that offer a variety of personal finance and business products. While nearly everyone in the United States is a member of a bank or credit union, or both, not nearly as many people understand the difference between the two. Indeed, it can be difficult to know the …
What’s the Difference Between a Bank and a Credit Union? Read More »
Net worth is a term commonly thrown around in personal finance circles. However, unless you’re well-versed in finance topics it’s likely you don’t pay much attention to your net worth and you may not even know what it is. In fact, you may associate it with the holdings of the rich and famous more than …
Do you know your financial status? If not, you’re not alone. A recent Gallup poll found that only 32% of Americans have a household budget. Furthermore, a recent Bankrate survey found that 55% of Americans don’t think their financial situation will improve this year, with 44% who think their situation will stay the same and …
8 Critical Personal Finance Numbers You Need to Know Read More »
You want to be fiscally responsible, don’t you? Of course you do! Everyone does whether they realize it or not. Fiscal responsibility is an economic idea that involves strategies for managing debt and building smart-spending habits. You have probably heard the term used in reference to government or public organizations. A fiscally responsible organization pledges …
Why a Budget is a Must for Fiscal Responsibility Read More »
Tax season is always a busy time, and one that many look forward to. Not only do most individuals look forward to a nice chunk of money back, so do the businesses that rely on people spending that money. This tax season has been filled with far more drama than most years, and with the …
Tax Refund vs. Tax Liability: What’s the Difference? Read More »
I’m not going to lie, I used to be terrified of credit cards. Growing up around Depression Era grandparents and having a mom in banking gave me a healthy fear of plastic, and for good reason. A huge number of Americans have credit card debt. And not just some debt, but A LOT of debt. …
Building your financial foundation is exactly like building a skyscraper. First, you must pour a solid foundation and reinforce that foundation prior to building several stories above it. You must start from the ground up, building each floor strong and stable as you go. There is no other way around it, and no way to …
7 Tips to Building Your Financial Foundation the Right Way in High School Read More »
Everyone could use more money in their pocket, but did you know there are only two ways to get more money? Seriously. No matter your job, spending habits, debt, and any other parameters related to your finances, if you want more money coming in there are only two choices open to you. You can either …
