Category: Personal Finance

Managing personal finance is a crucial aspect of modern-day living, and it’s essential to build good financial habits to ensure a stable financial future. Our expert tips, advice, and resources provide you with the tools and knowledge you need to take control of your finances. From budgeting and saving to investing and retirement planning, our comprehensive resources cover a wide range of personal finance topics to help you achieve your financial goals and improve your overall financial health.

Needs and Wants

Needs and wants, what is the difference? Understanding the difference, between needs and wants, is crucial to good financial decision making.   What is a Need? A need is a requirement, or essential item that is considered to be necessary for living. Examples   include shelter, food and water, and clothing. These are essential for a person’s … Continue reading Needs and Wants

What are Stocks?

Owning stocks allows you to be an investor in a public company. Stocks are simply a share of the company’s ownership.    It doesn’t matter if you call it stocks, shares, or equity, it all refers to the same thing. A stock is a claim on the earnings and assets of a company.  You are … Continue reading What are Stocks?

What is Insurance?

What is Insurance?  Do I need it? What are the costs and benefits?  These are all common questions and there are easy to understand answers.  Insurance can seem complicated and confusing because you are paying for something that you don’t intend to use. Nobody wants to have something terrible happen to them. However, a loss … Continue reading What is Insurance?

How to Read a Pay Stub

Here we will learn how to read a pay stub, and take a look at a sample pay stub. As a financial record of their payment, employees receive a pay stub. Although the pay stub may seem confusing, it doesn’t have to be. This brief summary should help you understand it better.   The pay … Continue reading How to Read a Pay Stub


What is a Paycheck?

It may be referred to as paycheck, payroll check, paycheque, cheque, pay, salary, or payroll.  In summary, it is a check issued in payment of wages. What is a paycheck? A paycheck is a payment made to an employee for the work they have done. To receive the money, the employee cashes or deposits the check. An … Continue reading What is a Paycheck?


What is a Savings Account?

A savings account is an account that allows you to store your money safely and earn interest. Savings accounts are a basic bank account that allows money to be deposited. It allows you to withdraw money when you need to.  Savings accounts are offered by many banks, credit unions and other financial institutions.   A savings … Continue reading What is a Savings Account?


What is Saving?

Saving is when you are not spending all the money that you have that you have earned. Because you are “saving” it. It’s the process of putting aside money for future uses, and not spending it immediately.   Why should we save money? You can save money to achieve short-term goals, such as saving to … Continue reading What is Saving?


What is a Check?

A check is a document which is dated, written, and signed, that instructs a bank to pay money from the writer of the check, the payor, to the bearer, or payee, of the check. The check is printed by the drawing bank for the account holder to use. The payor signs the check and then … Continue reading What is a Check?