Today’s Financial Message Just for you, {{ first name | friend}}
Ever heard the term ‘house-poor’? It’s when someone spends so much on their housing expenses that they hardly have anything left for anything else. Basically, if most... Continue Reading
Hot Reads
Cash Advances: Are They Worth it? Terms & Fees, Pros, Cons & 4 Alternatives
Getting a cash advance is one option to receive extra money when you have an unexpected financial emergency that your account can’t cover.
There are a few ways to obtain a credit card cash advance, which is effectively a short-term loan issued by your credit card.
However, getting one can be expensive in times of need.
Let’s take a look at how cash advances work and how to determine whether they’re a viable option for you…
The Power of Compound Interest: How it Works, the Good & the Bad
Compound interest plays a huge role in our lives, whether we have existing debt or are working on investing our money.
It can make paying off a loan significantly harder or help you become comfortable when you’re ready to retire. But to really understand compound interest, you need to know its power – from the good to the bad.
What is compound interest?
To understand compound interest, key aspects of the definition need to be broken down.
First, compound interest will apply to loans or investments. There is a principal amount (The base amount.) and interest associated with your loan or investment. All of these things have a factor in understanding compound interest. …
Today’s Affirmation
I’m hitting my financial targets right on schedule - it feels like everything’s falling into place. Making sure I save for the future is a big priority for me. It’s pretty awesome... Continue Reading