By Aniket Bose. Edited By Arjun Chandrasekar and Swastik Patel. Overview Everyone needs to be able to track their savings, regardless of what job and industry they work in so that they can estimate how much cost...
By Soham Aher. Edited by Swastik Patel This article will cover the steps and methodology in creating a good, effective savings plan that will help in the budgeting and overview of personal finance. Step 1: Your Financial...
By William Cao. Edited by Swastik Patel Overview/Introduction “Capital” is a very broad term that is commonly mistaken for money— capital/financial assets are used to generate money while money is used to purchase goods and services. In...
By Sterling Xie. Edited by Swastik Patel Overview Debt is a painstaking financial obligation that plagues the lives of millions. Paying off debt certainly is difficult in itself as one forces themselves to free up part of...
By William Cao. Edited by Arjun Chandrasekar. Overview The American Bankers Association (ABA), more commonly referred to as the check routing number, is needed for setting up direct deposits or ordering checks online. Every bank-related financial transaction...
By Aniket Bose. Edited by Arjun Chandraeskar. Overview Bank accounts offer their consumers the guarantee of security, safety, and convenience for their money. Whether the consumer prefers to do online banking or go to a traditional bank,...
By Hrishikesh Menon. Edited by Arjun Chandrasekar. Overview A cheque, or check, is a financial instrument given by the bank to an account holder with which the said account holder may pay another person by issuing a...
By Taylor Nunley. Edited by Arjun Chandrasekar. Introduction The Great Depression devastated America in the early 1930s. The Stock Market Crash of 1929 caused panic in a country that was only starting to dip its toes into...
By Taylor Nunley. Edited by Arjun Chandrasekar. Overview It can be hard to keep track of all the different transactions made with an account. Thankfully, monthly statements exist to help in an easy, accessible way. Sometimes called...
By Michael Feng. Edited by Arjun Chandrasekar. Overview All transactions are based on the assumption of one thing: trust. When buying something off Amazon, you’re trusting the seller to deliver the product you buy. If you don’t...
By Michael Feng. Edited by Arjun Chandrasekar. Overview Historians believe the creation of writing was to document financial transactions and debt, dating back several centuries. So if recording financial transactions was so important that it was necessary...
By Aniket Bose. Edited by Arjun Chandrasekar. Overview A credit score is a number that ranges from 300-850 which depicts a consumer’s creditworthiness. The higher the score, the better a borrower is viewed by potential lenders. A...
By Arjun Chandrasekar. Summary Personal finance can be a vast, complex topic, especially in the US where the majority of adults don’t understand how to properly budget their savings. According to the NFCC, their 2019 Consumer Financial...
