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.
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.
