What is Cash Back on Credit Cards?

Cash Back on credit cards is a customer rewards system, first introduced by a division of Morgan Stanley all the way back in 1986.[1] A percentage of all money borrowed on the credit card is returned either as a bank deposit or as a ‘statement credit’ (meaning a deduction from your next credit card payment). … Read more

What is a Mutual Fund?

Investing is an important part of saving for the future. One of the hardest parts of investing is building a portfolio of stocks and bonds that you’re happy with. Mutual funds are a way to easily invest in pre-built portfolios. What are Mutual Funds? Mutual funds are a type of investment that you can use … Read more

Municipal Bonds vs. Corporate Bonds

When building a balanced investing portfolio, you’ll want to include bonds in your asset allocation. These assets provide safety and stability, offering relatively slow growth and reliable returns. As you begin to research which bonds to buy, you’ll realize there are several different types of bonds, with the two most common being corporate bonds and … Read more