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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.
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Externalities - In Economics, an "Externality" is a benefit or cost that is not reflected in the price of a good or service. They can be positive or negative. Read More...Business
Personal Finance
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… 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...
Life Insurance - Life Insurance is an insurance policy designed to pay out if the insured person dies. They were created to make sure that if the main income holder of a household dies, the payout from the… Read More...
Managing Debt - To be "In Debt" means to owe money to someone else, usually making fixed payments to pay back the amount over time, plus interest. Properly managing debt helps minimize how much total interest you pay,… Read More...