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.
Time Value of Money - The Time Value of Money is a concept that a dollar in your pocket today is worth more than a dollar tomorrow - because you can use it right away. The time value of money is determined by interest rates and opportunity cost - what else could you be doing with that money? 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...
Consolidating Debt - Consolidating your debt means taking out one big loan, and using that to pay off all outstanding balances from all your previous loans. This can make the debt easier to manage, and stop late fees… Read More...
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...
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...