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
Mortgages - Your home will probably be the biggest purchase you make in your lifetime. Buying a home not only saves money on rent, but is a serious asset that can appreciate over time. Since homes are so expensive, (almost) no-one buys them in cash. Instead, homes are typically purchased with a special type of loan, called a “Mortgage”, that breaks the principle and interest into equal payments over the entire term of the loan. Read More...
Personal Finance
Advanced Investment Return Calculator - The Advanced Investment Return Calculator can help you find the difference between simple and compound interest or see how big an impact your tax rates and inflation have on your savings over time! Read More...
Spending Plan - A Spending Plan is a plan of what you will spend each month, and includes fixed and variable spending. They are used similarly to a budget, but many find them to be more flexible Read More...
Planning Long-Term Purchases - When deciding whether a product is worth it or not people typically think that if the benefit of the item is greater than the cost, they should go ahead with the purchase. However, there are… Read More...
Reconciling Accounts - Reconciliation is the process of reconciling your checkbook by comparing your own written records with your bank statements. Although this process has changed drastically in the 21st century, it is still an important for your… Read More...