Home Personal Finance

Personal Finance

It is important to understand the APR before applying for a credit card or a loan.

How to Calculate APR the Easy Way

You might have seen and heard about APR when looking for a credit card or a car loan. An annual percentage rate or an APR will give you an insight into how...
10 Ways to Reduce Credit Card Debt Immensely

10 Ways to Reduce Credit Card Debt Immensely

Economists have been looking at some factors that suggest that we could be headed towards a recession, and one of those factors is credit card debt. Simply put, it's looking like Americans are now...
The FDIC and What To Know About It

The FDIC and What To Know About It

Ever wondered what the acronym "FDIC" stands for? Anyone who banks with a federal savings bank or a community financial institution, has likely seen a placard in the lobby of a local branch...

How did Oprah’s net worth grow to $2 billion?

Oprah's net worth tops $2.8 billion, according to Investopedia. Oprah became one of the most successful women through a series of savvy business deals. Here are some of the ways Oprah became...
college grants

Top 50 College Scholarships and Grants for 2020

Onе thіng thаt can hіndеr уоur роѕt-соllеgе success іѕ tоо muсh ѕсhооl rеlаtеd dеbt. According tо thе Institute fоr Cоllеgе Aссеѕѕ аnd Suссеѕѕ, nеаrlу 70% оf ѕtudеntѕ grаduаtе frоm аn undеrgrаduаtе program...

How is Loan Interest Calculated? (With Real-World Examples)

First off, to know how loan interest is calculated, you should know what interest is. If you take a loan, you will have to pay back the amount by the end of a...
Choosing the Best City for Your Business

Choosing the Best City for Your Business

Many businesses are deciding where to settle or grow based on financial incentives.There are several kinds of incentives, some of which are specially made to benefit a certain sized business or businesses in a...
5 Surprising Things That Your Credit Score Can Impact

5 Surprising Things That Your Credit Score Can Impact

Ah, the credit score. Good ol' Fair Isaacs, right? It's something that most people don't think about unless they want to buy a new car, get a home loan, or get a shiny new...
best credit card for student

11 Best Credit Cards for College Students with Low Income

Are you new to the credit game? We have put together the best credit cards for students that can help you save some money.  The trope of “broke college...
I Bought a Car (And Then Got Rejected for the Loan)

I Bought a Car (And Then Got Rejected for the Loan)

The following is a personal narrative from the Financial Digits Author Ossiana Telephant that details the trauma and financial pitfalls following a car accident.Once upon a time, I got hit by a car.Well, more...
What is a Health Savings Account?

What is a Health Savings Account?

A Health Savings Account (HSA) is one way that working people with high deductibles, including self-employed individuals, can offset their medical, dental, and eye care costs. Families may put in up to $6,750 per...
Equifax Form 8-K Filings: Consumer Licenses, Passports Also Exposed in Data Breach

Equifax Form 8-K Filings: Consumer Licenses, Passports Also Exposed in Data Breach

The author of this report previously highlighted the latest rounds of drama surrounding the Equifax (NYSE: EFX) data breach on the regulatory front. Now, the publicly traded credit-monitoring company has submitted new information to...