NewHome
Learning Center
Welcome to the Learning Center! You can find a selection of some of our most popular articles, or “Search” for something specific.
[searchform]
Featured Article
Preparing for Spending Shocks - “Spending Shocks” are large, irregular expenses. According to CBS, more than 60% of Americans cannot absorb a $500 spending shock: spending shocks are the #1 reasons why budgets end up abandoned, and being prepared for large spending shocks is the best thing you can do to keep your personal finances healthy. Types of Spending Shocks There are two types of spending shocks: Budgetable and Unbudgetable. Budgetable Spending Shocks A “Budgeted” spending shock is a big… Read More...
Personal Finance
Good Debt, Bad Debt - Beginners trying to tackle their personal finances for the first time see debt as sort of a “boogeyman”, a specter that looms overhead, trying to trap people into inescapable cycles of minimum payments and late… Read More...Property Rights - Property rights is the foundation of all free-enterprise economic systems. It is what allows people to profit from capital and ideas, without fear of seizure by the government or theft. Definition “Property Rights” usually refers… Read More...
Wealth - Definition of Wealth “Wealth” means having an abundance of something desirable. This can be tangible, like money and property, or intangible, like good health or freedom. Intangible Wealth Just because something does not have a… Read More...
Money – Types of Stored Value - Definition When we think of money, stored value means anything that isn't cash, but you can still use to transfer value - checks, debit cards, gift cards, and forms like that. These are used to transport some… Read More...