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The Benefits of Compounding

How interest is calculated can have a great impact on the interest earned by your account and how your savings grow. Compound interest arises when interest is added to the…

Using a Sinking Fund to Save

Hearing the name “sinking fund” may give you the wrong idea, mainly if you’ve never heard of one before. A sinking fund differs from a savings account because money is…

What Do You Need in Your Wallet?

We live in a time where people can access a surprising and alarming amount of information about our personal and financial lives with only a few critical details about us.…

Avoiding Tax Penalties

Mistakes are common when filing and paying your taxes. In such a case, it’s best to know what types of penalties you can incur and how to calculate them to…

The Basics of Mobile Payments

Mobile phones are everywhere now and are no longer just for making calls and sending texts. People use their phones for everything from navigating a new city to watching TV,…

Mortgage Relief Scams

If you have fallen behind on mortgage payments and are facing foreclosure, you are probably looking desperately for a solution that allows you to keep your house. There are many…

What to do with a Financial Windfall

Sudden financial windfalls come in many forms. Some people have no idea they are in the works or how to deal with them. Putting the money aside until you assess…