How To Pay Down High-Interest Debt

How to Pay Down High-Interest Debt When you’ve decided you want to pay down high-interest debt, give yourself a high-five, a cookie and an ice cream sundae. And a beer. That’s an admirable goal. But now that you’ve decided you want to erase your high-interest debt,...

What is Compound Interest?

What is Compound Interest? To put it simply, compound interest is the interest you earn on interest. For example, let’s say you invest $100 and it earns five percent interest each year. You’ll tally up $105 at the end of the first year. A simplistic example, for sure,...