Have you ever heard the term "stock split" and wondered what it meant? A stock split is a corporate action that divides existing shares into multiple shares to increase the number of outstanding shares of a company. It's a simple concept, but the implications for investors and the company can be significant.
by Sha'Kreshia TerrellBuying a home is a major milestone in many people's lives and often stands out as one of the most important financial investments a person makes to build long-term wealth. Read on to learn the five most important steps to take before buying a home.
by Pam HillCredit unions and traditional banks offer different products and services. Though the two types of institutions have similarities, it's important to understand their differences. This is a brief overview of the main features of credit unions as opposed to traditional banks.
by Sha'Kreshia TerrellThe annual percentage rate (APR) and annual percentage yield (APY) are two different ways to look at the same interest rate. When looking at interest rates from a lending institution or comparing one, you want to compare apples to apples. Although each rating type has its benefits, we will show you the difference in this article.
by Sha'Kreshia TerrellThere are so many money phrases like, “money doesn't grow on trees.” If you are unfamiliar with money phrases, here are some common ones to learn about.
by Sha'Kreshia TerrellParents can lay the foundation for their children’s financial success by teaching children about saving and investing. Also investing in your child's future will benefit their financial future. Here are a few investment account options for children.
by Pam HillWhen starting to invest, you may not have enough money to purchase the shares from companies you desire. For example, Amazon (NASDAQ: AMZN) may be on your list of companies you want to invest in, but their stock price (currently listed at $112.91 as of 02/02/23) may be out of your investing price range.
by Matin VarshochiOne of the norms growing up in the older generations was to study higher education at college. Although becoming a college graduate can be extremely beneficial, it is important to consider the costs and the potential lifetime earnings that could be earned from a degree.
by Matin VarshochiReal estate, and rental properties can be a valuable addition to your investment portfolio. Rental properties can generate rental income and lower your tax bill through valuable deductions such as interest expense, property taxes and depreciation.
by Pam HillEvery time you buy Gatorade, the University of Florida gets a percentage of the profit. The University of Florida typically earns $20M yearly from Gatorade alone. Here's why.
by Sha'Kreshia TerrellFinancial Wellness Month recognizes the importance of starting the new year focusing on financial well-being. If you've never developed a financial wellness plan, read on to learn how to create one to improve your financial footing.
by Pam Hill