A bank and a trust company are financial institutions, but there are some critical differences between them. A bank is a commercial institution that accepts deposits from the public and makes loans. A trust company
Investing has been made more accessible via the existence of commission-free investment. Generally, when you are offered a commission-free investment, the broker will not charge you a fee to help you invest. However, you might
Life insurance is a very useful tool for those who understand it. Unfortunately, it’s also a hotbed for con-artists who like to take advantage of those who don’t. Life insurance scams are abundant, unfortunately, and
Before the last few decades, buying a home meant you’d made it in life. In fact, many dubbed it the American dream. However, the option of renting has become increasingly popular over the last ten
Debt can seem to accumulate out of nowhere especially when it comes to unexpected medical bills. Even with insurance, you could still owe thousands for an emergency room visit. Younger people also have issues with
For some, buying a used car is an excellent alternative to purchasing a brand-new vehicle. However, buying a used car does come with its own set of potential problems. For one, if you need to
Most Americans dream of eventually developing a high degree of financial independence. People who want to retire early need to take proactive steps to establish their economic futures. However, it can be difficult for the
