by Ingrid Clayton | Aug 8, 2021 | Financial Education
Throughout your lifetime, you may face a variety of personal financial issues. Issues like debt, unemployment, illness, and other unexpected life events can affect you rather harshly. However, if you can set aside time to create a financial plan, usually there are...
by Ingrid Clayton | Jul 4, 2021 | Financial Education
What does it mean to lease a car? Leasing a car is similar to renting to own a home, the lessee doesn’t own the car and has no equity in it despite the monthly payments. As with renting to own a home, your car lease payment will remain the same for the duration of...
by Ingrid Clayton | Jun 20, 2021 | Financial Education
Buying Your First Home? If you’re planning on purchasing your first home in the near future, you may have already asked yourself this question. Do I want to buy a resale home or a brand new one? Whether it’s a resale or a new home, there are some things that you...
by xlxdigital | Jun 6, 2021 | Financial Education
What Is An Asset? An asset is something that has monetary value. Put simply, an asset is anything that puts money in your pocket. Examples of assets are: money in the bank, stocks, bonds, and rental properties. What is Liability? A liability is a claim on your...
by Ingrid Clayton | May 30, 2021 | Financial Education
What is Inflation? I do like Investopedia’s definition of inflation: It is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average...
by Ingrid Clayton | Apr 25, 2021 | Financial Education
What is a Credit Card? A credit card is a card that is issued by a financial institution, such as a bank or a credit union, that enables the cardholder to borrow funds from the institution, then pay the money back, with interest, based on the terms the institution...
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