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.
Time Value of Money - The Time Value of Money is a concept that a dollar in your pocket today is worth more than a dollar tomorrow - because you can use it right away. The time value of money is determined by interest rates and opportunity cost - what else could you be doing with that money? Read More...
Budgeting and Spending Strategies - Building a budget or spending plan is tough. Sticking to the plan is even tougher. Remember to "Pay Yourself First", and don't lose your head - stick to the plan! Read More...
Renter’s Insurance - “Rental Insurance” is taken out on property you rent to insure against damage. Rental insurance works like a lighter version of Homeowner’s Insurance. This is usually much cheaper, just covering your "stuff" in case of… Read More...
Consumerism – Rights and Responsibilities - Consumers, aka every individual who participates in the economy, have a rights and responsibilities. Depending on your state and the transaction, you might have a wide range of rights or very few. Believe it or… Read More...
Banks, Credit Unions, and Savings & Loan Institutions - When someone talks about banking, they generally group together Banks, Credit Unions, and Savings and Loans all in one - but their differences can have a big impact on the services you get! Read More...