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
Price Controls - "Price Controls" are artificial limits that are put on prices. If the limit is put in place to prevent prices from getting too high, they are called Ceilings. If they are in place to prevent the price from getting too low, they are called "Floors". Read More...
Personal Finance
Tax Additions: Situations Requiring You to Pay Extra Income Tax - Everyone loves getting tax breaks, but what can really ruin your finances in the long-run is forgetting about tax additions – extra taxes and fees that you need to add on to your tax bill.… Read More...
Work Versus Study - Every high school student makes a choice when they are about to graduate – enter the job market right away, enter a trade school, or enroll in a university? While you can always switch paths… 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...
Income Tax Filing and the Form 1040 - Income tax is the tax you pay on your income, usually directly taken out of your paycheck. Additionally, if you earn rents from rental properties, investment income, interest on your savings account or bonds, or… Read More...