Learning Center
Learning Center
Welcome to the Personal Finance Lab Learning Center! You can find a selection of some of our most popular articles, or “Search” for something specific.
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Labor and Wages - "Labor" is how much a person works. It is the use of time an exertion of effort to produce something of value. Generally speaking, the more valuable a person's labor is, the higher their wage. Read More...
Personal Finance
Wealth - "Wealth" means having an abundance of something desirable. This can be tangible, like money and property, or intangible. Read More...
Receipts – Keeping and Tossing - If you save receipts for every purchase you make the paper will pile up quickly. Think about what types of receipts you DEFINITELY need to save, and which ones you can throw out! Read More...
Preparing for Spending Shocks - “Spending Shocks” are large, irregular expenses. Many people do not budget enough to successfully deal with spending shocks, which can be detrimental to their personal financial health. If you don't want to get struck with… Read More...
Contracts - A "Contract" is a legally binding agreement between two parties (people, companies, or both). Having a contract means that if one party does not keep their word, the other can sue them in court to… Read More...