Even if you live frugally, there are some expenses that just can’t be avoided as an adult. There’s the food you need to eat. The mortgage or rent for the roof you live under. The car payments, public transportation tickets, or bike costs that you need to get to where you need to go. As… Read More
Money Articles
What Is the Return on a CD?
Anyone who is looking through the sea of investment opportunities is bound to come across the mention of a certificate of deposit — or CD — at one point or another. But, what exactly is a CD? How does it work, and how much return on investment can you expect from one, especially depending on… Read More
Also posted in Finance, Mathematics
Tagged CD, certificate of deposit, compound interest, interest rate, investment
May 2, 2023
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How Does Compound Interest Work with Investments?
The world of investing is a wide one. For some, this is an exciting prospect. But, for others, it can be overwhelming. Regardless of whether you’re a novice or experienced investor, one finance topic you’ll have to understand and work with is the idea of compound interest. With compound interest, your money can serve you… Read More
Also posted in Finance
Tagged certificate of deposit, compound interest, interest rate, investment, mutual funds
March 3, 2023
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CAGR vs IRR vs XIRR in Evaluation of Investment Returns
Investment professionals and individual investors often need to estimate the profitability of a given investment opportunity, or to retrospectively assess the results of past endeavors. Typically this is done with the idea of comparing two or more opportunities and deciding which one to choose. All other things being equal, the return of investment is the… Read More
Also posted in Finance
Tagged cagr, investing, Investments, irr, net present value, npv, time value of money, xirr
February 6, 2023
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Getting Paid 45 an Hour is How Much a Year?
Being a gig worker — whether that means freelancing or consulting — used to be a rarity. In today’s economy, however, many people are choosing the freedom and convenience of freelancing because they prefer the perks of it to working in a traditional job. One of the biggest and most important questions to ask before… Read More
Also posted in Business, Finance
Tagged freelancing, hourly pay, income, salary, work
November 24, 2022
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What Are Different Motor Car Depreciation Rates?
Some assets appreciate with time and when that’s the case, it’s possible to sell them for a profit. Cars are an exception because they depreciate as soon as you drive them off the lot–or at least that has been the case traditionally. Motor car depreciation rates can be impacted by a multitude of factors: from… Read More
Also posted in Finance, Lifestyle
Tagged car depreciation, car ownership, finance, saving money
August 25, 2022
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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
Also posted in Finance, Lifestyle
Tagged hourly pay, minimum wage, pay, salary, taxes
June 28, 2022
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How to Use a Discount Calculator to Get More Customers
If you’re a business owner, then chances are you’re constantly thinking about ways to attract new customers and make more sales. Even if your business is thriving at the moment, you may be trying to move stock or make up for an earlier period in the year that was slow. Discounting your goods or services… Read More
Also posted in Business, Mathematics
Tagged discounts, profit margin, promotion
September 25, 2019
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How Much Fuel is My Car Really Using?
There are two kinds of people in the world: Those who make it a habit to get gas when there’s a quarter tank left and those who wait until the gas light comes on to start looking for a place to fuel up. No matter which one you are, filling up the tank is an… Read More
Also posted in Lifestyle, Travel
Tagged cars, fuel consumption, gas prices, gasoline
September 12, 2019
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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
Also posted in Finance, Mathematics
Tagged CAGR calculator, online cagr calculator
August 29, 2019
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