Wednesday Word of the Week

This article may contain affiliate links.  We do not recommend anything we haven’t personally tried! Definition Amortization is the gradual reduction of…

Definition What is earned from salaries or wages and other sources like bonuses, interest, dividends, housing allowance, etc. Why It’s Important So,…

Definition Financial literacy is the ability to understand and apply various financial skills, including budgeting, investing, and other financial management strategies. Why…

Definition Capital gains are the profit from a sale of property or an investment Why It’s Important When you have investments, you…

Definition The Uniform Security Act is model  legislation for securities industry regulation at the state level.  Each state may adopt the legislation…

Definition A mortgage is a legal agreement by a bank or other financial institution and a debtor.  The financial institution lends money with…