bank accounts

Dear Penny: Can My Deadbeat Son Fight My Decision to Disinherit Him?

Dear Penny, I am 73 and have one son who is unmarried and lives in the same town. I also have five siblings. I am very close to my youngest sister who is on disability. I paid my home off two years ago, and I have some 401(k) savings.  I am planning on leaving my […]

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Simple vs. Compound Interest: How to Tell the Difference

Simple interest is calculated based only on the principal balance, whereas compound interest is calculated based on the principal balance and the accumulated interest from the previous periods. This means compound interest will make the amount owed grow at a much faster rate than simple interest. One of the first things you learn when it

The post Simple vs. Compound Interest: How to Tell the Difference appeared first on MintLife Blog.

How to Get the Most Out of Your Airline Miles and Points

If you know what you’re doing, you can save a lot of money by using airline miles and points. Learn how to use them efficiently here.

Is Recession Coming? Watch These Signs

Market experts aren’t the only ones with an ear to the ground. Consumers can keep an eye on these indicators to spot a market downturn on the horizon.

Loan-to-Value (LTV) Ratio – What It Is & How It Affects Your Mortgage Rate

The loan-to-value or LTV ratio is one of the most important metrics lenders use to evaluate loan applications. Learn about it here.