Money Management

Money Management

02
Aug

Types of Bank Accounts

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,...
24
Jul

How to Use Checks

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...
19
Jul

What is a Social Security Number?

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...
16
Jul

What is a Monthly Statement?

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...
08
Jul

Introduction to Credit Scores

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...
08
Jul

Dealing With Debt

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...
22
Jun

What are Credit Scores?

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...
12
Jun

Introduction to Personal Finance

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...