# Finance Articles

Articles on business and personal finances, including mathematical modeling and calculations in accounting, investing, capital management, and others.

## What is \$15 an Hour as a Salary?: Is Your Pay Worth It?

Increasing the minimum wage in the United States has been a major topic of discussion recently. There are many who want to have the minimum hourly wage for workers raised to \$15 an hour, compared to the \$7.25 which it’s set at now. Many might be wondering what \$15 an hour would be as an […] Read More…

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## How Much to Spend on Groceries?

Grocery shopping can be stressful for some, especially knowing how quickly the prices can add up and what to buy to give you the most bang for your buck. Being aware of what to spend on groceries and how to budget your food money can lead to major savings down the line and a decrease […] Read More…

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## Compound Annual Growth Rate (CAGR) – What You Need to Know

In this article we will talk about CAGR (Compound Annual Growth Rate) in detail, including the formula for computing it, how to calculate it in Excel, how to interpret it, its utility in assessing financial assets, making predictions, and more: What does CAGR stand for? What is Compound Annual Growth Rate? CAGR calculation formula CAGR […] Read More…

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## Figure Out Your Home’s Worth With a CAGR Calculator

If you have ever purchased your own home, then you know that it was a major investment. And, when the day comes and you’re ready to sell it, you’ll want to be sure that you’ll be getting back that initial investment and then some. The question now is, “What is the value of my home?” […] Read More…

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## What Does Net 15, Net 30, and Net 60 Mean?

Say you’re a full-time freelancer or you run your own business and you’ve just wrapped up a job for a client. You’ve sent off an invoice and are excited to finally get paid for your work. Then, their accounts department informs you that you’ll be paid in Net 15, Net 30, Net 60, or some […] Read More…

## 5 Things to Consider Before Starting a Business

Are you dreaming of starting your own business? Whether you have visions of a brick and mortar store or a company that operates entirely online, it’s important to take time beforehand to plan and crunch some numbers. That way you won’t get caught off guard—or be financially and mentally drained—by the unavoidable start-up costs. To […] Read More…

There’s no denying that college is a major financial investment. The questions are whether college is worth it and how you can make it more affordable. The decision depends largely on what your career goals are, what kind of college you want to go to, and whether you’ll have loans. It’s possible that having that […] Read More…

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## The Pros and Cons of Taking a Gap Year Before College

So, you’ve finished high school and now your big, bright future looms on the horizon. While many of your peers are headed straight to college, you may be thinking to yourself, “Should I take a gap year?” Taking a gap year before college can be a great opportunity, but there are also some downsides worth […] Read More…

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## Should You Buy a New or Used Car?

Buying a car is a major investment, and as with any big purchase, there are many factors that need to be considered. While make, model, safety rating, gas consumption, color, and additional features are all things to think about, one of the more important choices you’ll have to make is whether you want to buy […] Read More…

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