Money Bible Verses: On Debt and Lending

In my first post of the series “Money Bible Verses”, I have shared Holy Passages relating to investing. This time, we will move to what the Holy Scriptures have said about debt and lending. Lending primarily involves two parties which is the debtor (borrower) and the creditor (lender). It may also involve other persons or [...]

Money Bible Verses: On Investing

Many people invest. Some of them get returns, some get losses. But other people don’t even care to invest, and most of them fall into debts and poverty. In the financial realm, investing can be a good move for any person who wants to achieve financial freedom. Psychologically, it can also strengthen a person’s behavior [...]

Differences between Money Market and Certificate of Deposit

One common question among investors today is the difference between a money market certificate and a certificate of deposit issued by credit unions to them. Let us learn more of these differences as we go along this article. The money market certificates refer to term investment with final maturity of less than a year. It [...]

How to Find and Use a Secured Loan Calculator?

Secured loans are often supported with collaterals from the borrower. The collaterals get forfeited once the borrower is not able to pay the loan to the lender. Determining the estimated amount of secured loans can be done through the use of a secured loan calculator. This kind of calculator does not only determine the estimated [...]

Advantages and Disadvantages of Fixed Deposits Accounts

A fixed deposits account refers to the loan arrangement whereas specific money amount is under bank deposit. It is usually under the name of the account holder. The money amount that is placed under bank deposit earns fixed interest rates. The actual fixed interest rates are influenced by different factors such as location where the [...]