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
All About Sales Tax - “Sales Tax” is a tax that is charged on goods sold to end customers, and is a set percentage of the price of the good. Different states and countries have different sales taxes - some have none at all! Read More...
Personal Finance
Good Debt, Bad Debt - Not all debt it bad debt: in fact, having a healthy amount of debt is almost an essential part of growth, but taking on lots of small debts frequently can also be very dangerous to… 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...
Accounting for Automatic Payments - Automatic Payments can be a huge time saver, but can also be problematic for your planning processes and account reconciliations. What cases are they appropriate? Can you think of a case where automatic payments would… 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...