The Average Daily Balance is the total of the balance at the end of each day during a period divided by the number of days in the period. Average Daily...
Interest is the price of using money over time, hence it is a direct measure for the time value of money. It is considered an expense to the borrower and income...
American shoppers are set to participate in what’s expected to be the largest Cyber Monday shopping frenzy yet next week, surpassing last year’s record sales of $ 3 billion —...
The bull market that has followed the S&P 500 hitting bottom in March 2009 has been driven mainly by fattening profit margins, according to analysts at Goldman Sachs. But now...
NEW YORK(Reuters) – People hate buying cars, because they think the seller will take advantage of them. That is why many financial advisers offer car-buying help as a concierge service....
This article is reprinted by permission from NextAvenue.org. When Charlie Hillhouse was 2 1/2, his “Gaga” gave him a cooking lesson. They both wore chef hats, poured and mixed corn…
This article is reprinted by permission from NextAvenue.org. As workers reach their 50s and 60s, they often grapple with two big issues: work/life balance and job satisfaction. Two new studies,…
Last week, “Bamboozled and Bewildered Wife,” wrote to The Moneyologist about some dastardly financial dealings undertaken by her husband on behalf of her brother-in-law. Here’s a short recap: Her brother-in-law…
Recent college graduates, hopefully you’ve obtained your first job that offers a 401(k), and have a little cash set aside for emergencies. But you also likely are facing starting to…
Details leaking out about the Republican tax reform plan hint that while two popular deductions would remain intact, they’d become useless to the majority of taxpayers who now take advantage…
