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Government Impact on the Economy - As a society with a market-based economy, the government has three broad mandates: Ensure the common defense Promote economic growth Strive to maintain a just society On the face, only one of these implies direct intervention in the economy, but all three are interconnected with the economy as a whole. This means every action taken by the government will have some impact on the economy, big or small, intentional or incidental. Common Defense and Economic… 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...Understanding 401(k) Plans - Understanding 401(k) Plans A 401(k) plan is one of the fundamental vehicles for retirement savings in the United States, alongside the Individual Retirement Arrangement (IRA). 401(k) plans are named after the section of the US… Read More...
Building Wealth - There are hundreds of small tips and rules you will hear about managing your personal finances, but putting everything together into one coherent plan can be a daunting task. You have probably already heard about… Read More...
Banks, Credit Unions, and Savings & Loan Institutions - When talking about Banking, people generally group Banks, Credit Unions, and Savings & Loan companies all in one group. They do provide similar services, but they each have specific differences that might make them a… Read More...