Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made a steep climb back. As you navigate the changing interest rate climate, it ...

At a time when we’re all looking for ways to make our savings work harder, understanding interest rates and the concept of compounding has never been more important. Here’s a quick overview of how ...

The recent inflation report for June has brought some unexpected news. For the first time in over three years, inflation has dipped below 3%. This surprising turn of events has significantly increased ...

Interest can be charged when you borrow money or earned when you save. When you charge something on a credit card or take out a loan from a financial institution (student loan, auto loan, mortgage, ...

When closing on the financing of either a refinance or a purchase transaction, interest on the loan will be collected from the borrower and prepaid to the lender upon funding of the loan. Easy enough, ...

Learn how a simple interest calculator works, where it is used, and how linear interest differs from compounding in ...

From the blog: Changes in interest rates, and more specifically bond yields, can have profound influences on defined benefit and defined contribution schemes, so it is important trustees understand ...

As a business owner, understanding the financial ecosystem where your company operates is crucial for making informed decisions. One aspect that is often talked about and significantly impacts the ...