The 7 Best Books for Young Investors in 2021
Sixty-five percent of adults said they think investing in the stock market is either scary or intimidating, according to a 2018 Ally Invest survey Among their fears? Making the wrong…
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financial decisions
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Best Resources for Improving Financial Literacy
The question “Why is financial literacy so important?” can be answered by just two data points from the Report on the Economic Well-Being of U.S. Households in 2017 study by the Federal…
Effective Annual Interest Rate: Definition, Formula, and Example
What is the Effective Annual Interest Rate? The Effective Annual Interest Rate (EAR) is the interest rate that is adjusted for compounding over a given period. Simply put, the effective annual interest…