compound-interest-vs-simple-interest

Compound or simple; the interesting thing about interest.

Interest rates are a part of our daily lives, even if we don’t always think of them. Whether you have a mortgage, student loans, or pay on a car loan or credit cards, the interest rates we pay dictate how big of a check we’re writing. But the impact of interest doesn’t stop there; when we open a bank account or make an investment, we hope that it pays a high interest rate so we can make more money. Interest ...

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The average wedding costs HOW much?!

The cost of a wedding has risen precipitously in the United States over the last few years, even bucking the trend of people cutting back through the Great Recession and uncertainty economic times. In fact, “For better or for worse, until death do us part,” has never come with a higher price tag. And it’s not just because of the rising cost of wedding halls, bands, cakes, and dresses have gone up; couples are choosing to customize their nuptials with ...

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15 Things you can’t get with a bad credit score.

We all know that managing your credit is vital to financial success, but did you know that a bad credit score or blemishes on your credit report can hold you back from getting the things you need in every day life? Of course big ticket items like home loans and car loans are much more difficult – or impossible – to get without a good credit score, but you might be surprised what other day-to-day purchases, services, and even your ...

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Fraud alerts and security freezes important tools to protect your credit and identity.

More than ever, it’s important to monitor your own credit and take precautions in to prevent having your credit compromised or identity stolen. But if it does happen, it’s absolutely crucial that you are prepared to act, taking measures that will stop the thieves in their tracks or at least minimize the damage. There are two main steps you can take to do just that: fraud alerts and security freezes. Often misunderstood or confused, understanding what these two credit score ...

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