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.
Featured Article
Classification of Products and Services - The classification of products and services is a process that groups together certain products/services that carry similar characteristics in terms of price level, similarity between competing brands, and the way consumers approach them in the buying process. This helps marketers to build "Types" of marketing strategies for similar products Read More...
Personal Finance
Planning for Retirement - As a young person, thinking about saving for retirement seems like a world away. However, being able to save enough for retirement means people have to start much earlier than they think. Read More...
Short Term Financing - “Short Term” financing means taking out a loan to make a purchase, usually with the loan term at less than a year. Short-term financing usually has a higher interest rate than long-term loans - and… Read More...
Budgeting - There's a difference between a "Project Budget" and a "Living Budget"! You'll need a different attitude when you're thinking about how to plan your monthly income, expenses, and savings goals compared to just how to… Read More...
Bankruptcy - Bankruptcy is a type of forced debt settlement, and is a legal procedure. When you declare bankruptcy, the courts will gather all your unsecured creditors together, and hear the debts you owe. They will then… Read More...