How to Ask your Bank to Waive Overdraft Fees
Overdraft fees are a financial and emotional burden when you’re already struggling financially. Overdraft fees are annoying even when…
What is stagflation?
DEFINITION Stagflation is when there’s high inflation during a time of slow economic growth. Stagflation is a problem for policymakers,…
The US Securities and Exchange Commission and how it protects you
The U.S. Securities and Exchange Commission is a federal organization that oversees U.S. Stock Market. The SEC has greatly reduced the chances…
Black Tuesday: Its Causes, and How it Kickstarted the Depression
Black Tuesday was the last and fourth day of the 1929 stock market crash. It happened on October 29,…
What is Annual Percentage Yield (APR)?
DEFINITION Annual percentage return is a rate of return on an investment for a period of 12 months that…
What is Financial Capital?
DEFINITION Financial Capital is money and credit or other sources of funding used to build wealth. The Key Takeaways…
What is a wire transfer?
A Wire Transfer is an electronic method for moving funds. The Key Takeaways Wire transfers are a method of electronically…
PayPal Debit Card and Credit Card
PayPal is well-known for being one of the very first companies to offer consumers the option to send…
What is black friday?
Black Saturday occurs the day following Thanksgiving. Retailers offer steep discounts during this annual shopping day to kick-off the holiday…
What is the natural rate of unemployment?
DEFINITION The rate of natural unemployment represents the lowest level at which a healthy economy is able to function without…