What is compound interest?
Compound interest makes a certain amount of money grow faster than the use of simple interest. This is simply because, in addition to earning returns on the money that one…
Time is money: How to manage your time well and maximize the financial rewards that come with it
‘Time is money’ is a very common phrase that has, over the years, been used by different professionals and everyday people. This is actually among the principle that is behind…
The Habits That Will Help You Become Rich
When one wants to build wealth or become rich, a good place to start with is their habits. The sooner, one establishes smart habits, the better chances they have to…
BORROWING FROM YOUR 401K TO PAY DEBTS
A 401(k) is a retirement account sponsored by the company you are working in. it is usually offered by private-sector employees. A traditional 401(k) allows employees to contribute pre-tax dollars…
Save money or invest?
Which one should you do? Are you confused or unable to make a decision between saving your money or investing it somewhere? We will try to make it a little…