Financial Planning

Financial Planning

14
Mar

What is a Mortgage?

By Akul Ranjan. Edited by Arjun Chandrasekar. Overview You may have heard the term mortgage frequently said around you, as it is a very common loan for buying a house or any kind of property. Mortgages are...
20
Feb

E-commerce: How It Affects Brick-and-Mortar

By Sterling Xie. Edited by Arjun Chandrasekar. Overview As we socially distance and avoid contact, our world has increasingly digitized. Among the most affected—are retail stores, brick-and-mortar stores, and shopping malls. While e-commerce stores are still a...
06
Feb

Car Insurance Tips

By Aniket Bose. Edited by Arjun Chandrasekar Overview Car insurance is insurance that is meant for cars, like life insurance is meant for humans. It is a contract between you and the insurance company that protects you...
24
Jan

Car Insurance Tips

By William Cao. Edited by Arjun Chandrasekar. Overview If not attended to properly, car insurance can compound up annually and cost more to pay off annually. Research from the NAIC shows that an average person spends about...
02
Jan

Cashback Credit Cards Overview

By William Cao. Edited by Arjun Chandrasekar. Overview Ever been shopping at Target and heard the lines of “With Target’s RedCard™, you can save 5% and get a cashback reward” from the cashier? Well, me too. I...
02
Jan

A Good Credit Score

By William Cao. Edited by Arjun Chandrasekar. Introduction Imagine every individual having an assigned number from 300 – 850 and the value is a “make or break” type notion. The lower the number to 300, then the...
31
Jul

50/30/20 Budgeting Strategy

By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Overview The 50/30/20 budgeting rule is a way to categorize and track your after-tax income expenses into three categories: needs, wants, and savings. To form a clearer picture, 50% of...
18
Jul

How to Build Credit

By Hrishikesh Menon. Edited by Arjun Chandrasekar. Overview Credit is the trust of a lender in the borrower that the lent money will be paid back in by a set date. It can be built with financial...
16
Jul

Being Smart About Credit

By Taylor Nunley. Edited by Arjun Chandrasekar. Overview The idea of credit and the accompanying score that comes with it can be scary. Everyone has heard a relative or friend’s horror stories about their trouble with loans....
15
Jul

How does Life Insurance Work?

By Aniket Bose. Edited by Arjun Chandrasekar Overview Life insurance is a very common asset that is a part of many people’s financial planning over the long run. The best way to protect a loved one is...
09
Jul

Tax Brackets Overview

By Hrishikesh Menon. Edited by Arjun Chandrasekar. Overview Tax brackets are essentially categories of tax rates based on a person or multiple people’s income. It is a progressive tax system where the rates increase as the income...
15
Jun

Credit vs Debit Card

By Aniket Bose. Edited by Arjun Chandrasekar. Overview Credit and debit cards almost look identical:16-digit card numbers, expiration dates, and personal identification number (PIN) codes, etc. Both of these cards make it easy and convenient for their...
12
Jun

The Art of Compound Interest

By Arjun Chandrasekar. Summary Known as the 8th wonder of the world, compound interest is simply a formula used to calculate the interest on interest. It’s the result of reinvesting the interest made from an asset, accumulating...