A Bear Market is a stock market term and it refers to when assets/shares of companies drop by 20% or more. It can be scary and most...

A Bull Market is a stock market expression and it refers to a market that has prices of stocks on the rise by 20% or more. This usually...

Gross Domestic Product or GDP refers to the total of all value of goods and services that have been produced in a country minus the value...

A market consists of all the buyers and all the sellers making transactions. There are all kinds of markets in an economy. There is the...

The Pareto Principle comes from Vilfredo Pareto, an Italian economist of the 19th century who states that "80% of the outputs come from...

Three rules of Economics are: Don't spend more that you can earn. It is easy to go on a shopping spree or think you have to keep up with...

The Dow Jones or its full name the Dow Jones Industrial Average is a stock market index that tracks 30 of the largest, most popular,...

The S & P 500 stands for Standard and Poor's 500. I know the name does not encourage you to invest! But in the U.S this stock market...

A FICO Score is a credit score created by the Fair Isaac Corporation (FICO). It is a three-digit number based on the information in your...

It will take at least six months of using credit to meet the criteria to receive a FICO Score. As you enter the adult world, you will...

Your credit score shows how good you are with money. Think of it as the result of good credit health. Having a high credit score will...

APR stands for Annual Percentage Rate. It is as the word suggests the annual rate of interest that is charged to borrowers. A good APR...

The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913 by the...

When interest rates, the interest paid on a loan, are low the economy grows, as people are usually borrowing money, buying houses and...

Inflation happens when prices go up and you just can't buy the same things with the same money as before. For example in 1950's your...

What is the stock market? The Stock Market is a collection of stocks traded daily on the stock exchange. Companies and individuals all...