Michael’s Story: Make Your Money Work For You

Middle-aged white man with his hair slicked back wears a long sleeve t-shirt and smiles for a selfie

Meet Michael, a substance abuse counselor who lives in San Diego, California. What do you do? I’m a substance abuse counselor. I’ve been doing it for about two years now – midlife career change. Unfortunately, it’s one of the fastest growing professions in the US, which doesn’t bode well for us. What did your upbringing…

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What Is Interest?

The good, the bad, and the confusing! Interest can be your best friend (if you are earning it) or your worst enemy (if you are paying it). Interest is “the cost of money” you pay when you borrow (debt), or you earn when you lend (deposit money in a bank) money. Of course, our deposits…

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What Is APR?

Your Annual Percentage Rate (APR) is the interest you will pay over the course of a year. This doesn’t tell you how much you will actually pay if your interest is compounded in shorter increments. Our loans are usually compounded monthly, or for most credit cards, daily! YIKES! If you really want to know how…

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