Glossary
Traditional IRA, Explained Simply
A Traditional IRA can lower your taxes the year you contribute, grows untouched for years, and gets taxed later when you take the money out.
Brad Schweinsburg
Glossary
Roth IRA, Explained Simply
A Roth IRA lets you save money you have already paid taxes on, then grow it and pull it out completely tax-free in retirement.
Glossary
401(k), Explained Simply
A 401(k) is a retirement account you get through your job that saves money straight from your paycheck, cuts your taxes, and often comes with free employer money attached.
Glossary
Capital Gains, Explained Simply
The profit when you sell for more than you paid.
Glossary
Dividend, Explained Simply
Your share of a company's profit, paid in cash.
Glossary
Expense Ratio, Explained Simply
The tiny yearly fee that can quietly cost you thousands.
Glossary
ETF (Exchange-Traded Fund), Explained Simply
A whole basket of investments you can buy like one share.
Glossary
Index Fund, Explained Simply
Own the whole market in one cheap, hands-off purchase.
Glossary
Amortization, Explained Simply
Amortization is how a loan gets paid off in equal payments over time. Learn why early payments are mostly interest and how paying extra saves you thousands.
Glossary
Minimum Payment, Explained Simply
The minimum payment is the least you can pay to keep a debt in good standing. See why paying only the minimum can keep you in debt for decades.
Glossary
APR (Annual Percentage Rate), Explained Simply
APR is the yearly cost of borrowing money, including most fees. Here is why it matters, how it differs from the interest rate, and what a high APR really costs.
Glossary
Credit Utilization, Explained Simply
Credit utilization is how much of your available credit you are using. Learn the simple math, the 30% rule, and how lowering it can lift your score fast.