The Rule of 72 is used to determine either the number of years it takes to double your money or what interest rate you need to double your money in a certain number of years. Compound interest is interest that will earn you money on top of the interest on your savings.
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CDS's advantages are when you store money in a CD the bank pays more in interest rates. The disadvantage of having a CD is if you take money out of a CD before you're supposed to the bank will penalize you. It is best to do a CD when one is financially secure.
A CD is basically a contract between you and you're bank. It states you don't touch you're money in a certain amount of time and the bank in exchange pays you a higher interest rate. Although if you touch you're money before the CD ends you will be penalized.
I compare prices online to see if where I'll get best deal on something. I'll check various shopping websites. Then when I feel like I found the best price on something I go there and I buy it or I buy it online.
I remembered a lot. It was difficult though for me because of the chapters and the math. I was surprised though by my score which was a 55.
I personally like memberships. Membership clubs offer you exclusive deals on things. They also give you let you know when big sales are going on.
Blog 101: Best Tip Which smart shopping tip from yesterday was the best in your opinion? Explain.3/13/2017 I think the best one was negotiating with your health care providers. Having health care is very important. So getting the best deal on it is very helpful in saving you money.
Blog 100: Smart Shopping Do you consider yourself a smart shopper? Why or why not? Explain.3/13/2017 I do consider myself a smart shopper. I look for deals. When I buy something I make sure it will also be of use for me for awhile.
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April 2017
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