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
Money Supply - Money supply is the total amount of money available in an economy at any particular point in time. Money is required for both consumers and businesses to make purchases. Money is defined as currency in circulation and demand deposits (funds held in bank accounts.) Read More...
Personal Finance
Researching Purchases - One of the cornerstones of strong personal finances is knowing why you buy what you do, and knowing how to research your purchases in advance. What are some of the ways that you would research… 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...
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...
Income and Compensation - It is pretty obvious that you will be compensated by your employer when you have a job, in some way or another. However, the form that the compensation comes in can be drastically different across… Read More...