Imagine a small seed that you plant in your backyard. You water it diligently and tend to it with care. As time passes, that seed grows into a magnificent tree, providing shade, beauty, and possibly even fruit. Now, let’s apply this concept of growth to your...
You’re likely familiar with the term “income tax” – whether from filing your own taxes or keeping up to date on the news. Taxes are an integral part of our economy, and every citizen has to pay them. Despite the prevalence of taxes in modern day society, many...
Money plays a vital role in our lives, affecting our choices, goals, and overall well-being. But have you ever wondered why people make certain financial decisions, even when it might not be in their best interest? The answer lies in the fascinating field of...
Opening a savings account is typically a great idea. Money in a savings account can be used for an emergency, a large purchase, a down payment, unexpected expenses, or even a rainy day. Savings accounts are different from checking accounts because the purpose is to...
The U.S. government hitting the debt ceiling severely affects the country’s financial stability. If the government cannot borrow more money to pay off its debts, it could result in significant consequences such as a government shutdown, a credit rating...
Financial literacy month is a time when we remind ourselves to learn as much about keeping money as we do making it. April is Financial Literacy month in the US, so designated by a US Senate resolution in 2003. In 2017, President Obama recognized and recast it as...
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