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When I started my financial journey to better understand the financial world there were words I did not understand. Here are some definitions that will help one to understand financial terms. It gives you the knowledge you need to understand financial reading. Borrower – a person or company that needs money from a bank. Credit […]

1. Pay yourself first: Paying yourself first allows you to save for emergencies, preventing you from taking out Pay Day Loans. The cost of a payday loan is problematic. Collectively borrowers spend as much as $9 billion each year on payday loan fees. On average, the fee for a payday loan is $55 for a […]