When trying to get your personal finances in order, you’ll be faced with the saving vs. investing dilemma sooner rather than later.
Albert Einstein is said to have identified compound interest as mankind’s greatest invention. That story’s probably apocryphal, but it conveys a deep truth about the power of fiscal policy to change the world along with our daily lives. Civilization became possible only when Sumerians of the Bronze Age invented money. Today, economic issues influence every aspect of daily life. My job at Fortunly is an opportunity to analyze government policies and banking practices, sharing the results of my research in articles that can help you make better, smarter decisions for yourself and your family.
When trying to get your personal finances in order, you’ll be faced with the saving vs. investing dilemma sooner rather than later.
A savings account allows you to deposit money you’re not planning on using anytime soon while earning interest on your balance over time.
Latino-friendly credit unions are non-profit corporations targeting the Hispanic community.
Deciding which account is better depends on your level of expertise and financial preferences.
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