compound interest

Money Terms to Know: Compound Interest

It's Financial Literacy Month, so throughout April we'll be examining key economic concepts that affect your everyday finances. Today's term: compound interest.

11 Personal Finance Equations Everyone Needs to Know

Math class may have seemed pointless back in the day, but it turns out all those equations are quite useful when it comes to solving money problems. We've rounded up 11 equations that you could be using every day to get your finances on track, and keep them there.

Retirement Savings Basics: The 411 on 401(k)s

Saving for retirement is one of those things that can be hard to take seriously when you're young. But it's worth starting early, and DailyFinance wants to help. In this first installment of a three-part series, reporter Loren Berlin reviews how to get the most out of a 401(k).

Obama's Balanced Approach to the (Household) Budget

During an impromptu drop-in at a conference of personal finance writers, President Obama was asked: How does he approach his own household finances? His response was timeless, irrefutable, and not quite consistent with his prescription for the federal government.

Save $2 million by driving used cars

Sister-site Aol Autos offers a list of the Best New Car Deals of the Month, pitched on the AOL.com welcome screen as "Editor Reveals Best Cars to...

The power of one ... percent

Psychologically speaking, the number one doesn't do a whole lot for most people. Do you want ONE extra french fry? Do you have ONE dollar I can...