Nearly everyone in the U.S. will take out a mortgage when buying a home. Learn more about home loans, how they work, and how you can use one to become a homeowner.
There are several ways to start saving for retirement, including opening what’s known as an individual retirement account (IRA). This financial product is a particular type of account that helps you put money aside for retirement while helping you pay as little as possible in income taxes.
Deflation can be a good thing for your wallet, but it can also be bad for the economy at large. Learn more about deflation, what causes it, and how it can affect your finances.
If you’re new to investing, you’ve probably heard the term IPO, which stands for “initial public offering.” The term refers to privately owned companies that are issuing stock to the public for the first time.
GDP, or gross domestic product, refers to the total market value of all the final goods and services produced within a given period. Learn more about GDP, how it’s measured, and what it means for the economy at large.
The term fiat money, or fiat currency, refers to paper money that’s backed by the local government. Nearly every country has some form of fiat currency.
Most of us associate inflation with rising prices, but it also signifies a loss in purchasing power for a particular currency, such as the dollar or euro.