If you leave everything you save in the bank, you will be losing money over time. Why is leaving your money in the bank a bad idea? In today’s economy, there is constant inflation. Prices tend to rise from one period to another. Therefore, if your savings remain constant, you will be losing purchasing power over […]
Debits
Learn How Long It Will Take You to Pay Back Debt
Your finances can feel hopeless when you’re buried under debt. Mounting bills, overdue utilities, and credit card balances that never seem to go down can feel insurmountable. It’s a struggle to get your finances in order, but the stress you’re under makes it harder to see clearly, evaluate your situation, and start the real work […]
Good Debt vs Bad Debt
Funnily enough, it is common to hear that all debt is bad debt, but that really could not be further from the truth. Borrowing money and taking on more debt is one of the only ways for some people to be able to afford to purchase larger items such as houses or cars. There is […]