If youâre working and want to continue school but arenât sure how to fund it, your employer may offer assistance. Tuition reimbursement programs are offered by many companies. While each company has their own specific requirements, tuition reimbursement is when an employer pays for a portion of an employeeâs continuing education costs. Some employers may […]
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Living beyond your means is an easy trap to fall into. And if youâre not keeping close track of everything thatâs coming in and going out of your financial account, you may not even realize youâre doing it. But if you often run out of money before the month is over — and you donât […]
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A long-term savings account, as the name implies, is one opened to deposit and hold money for a longer period of time. They can be contrasted to checking accounts used to pay monthly bills or regular savings accounts that might earn interest, but maybe not much. A long-term savings plan might be set up for […]
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The marginal propensity to save (MPS) refers to the amount of disposable income a consumer is able to save. Itâs used to reflect the proportion someone is willing to save for each additional dollar of their income. To understand why MPS is important when quantifying fluctuations in savings and income, weâll go over how to […]
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Many people worry that creating a budget will be too complicated, too restrictive, and put the kibosh on fun. But a budget is really nothing more than a plan for your money. A well-thought-out budget can help you take control of your finances and use your money with intention, so you have enough to cover […]
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A stipend is a fixed amount of money given to offset expenses or provide financial support while youâre engaged in a service or contributing to a project. A stipend may be paid in one lump sum, or it might be paid in a series of smaller amounts. As youâre looking through employment opportunities, you may […]
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Ready to buy your own home? Thereâs a lot to consider, especially if this is your first time applying for a mortgage and youâre carrying debt. Debt is not necessarily a dealbreaker by any means. Is it a good idea to pay off debt or save for a house? Is it possible to do both? […]
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After-hour trading is stock trading that occurs after the normal close of the trading session. Ordinarily, stock trading begins at 9:30 a.m. ET and ends at 4 p.m. ET, Monday through Friday. The after-hours trading period begins where the regular trading day leaves off. Trading after hours may appeal to investors who have limited time […]
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What is Cap Rate? Capitalization rate, also called cap rate, is the rate of return that an investor can expect to earn on a real estate investment property. Commercial real estate investors use it to determine how long it will take to recoup their investment in a given property. Many investor will roughly calculate this […]
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