An emergency fund is a savings account set aside for unexpected financial emergencies such as medical bills, car repairs, or sudden job loss.

Debt settlement is a process where a debtor negotiates with their creditors to settle a debt for less than what is owed.

Identity theft is a serious problem that can have devastating consequences, both financially and emotionally. Identity theft protection services can help safeguard your personal information.

Money and mental health are closely linked, and financial stress can have a significant impact on a person’s mental health.

A credit score is a numerical representation of a person’s creditworthiness. It is calculated based on various factors related to an individual’s credit history, including their payment history, credit utilization, length of credit history, types of credit accounts, and recent credit inquiries.

The statute of limitations (SOL) is a law that limits the amount of time that a creditor or debt collector can legally sue a debtor to collect on a debt. Once the statute of limitations on a debt has expired, the creditor or debt collector can no longer take legal action against the debtor to collect the debt.

The interest rate can range from as low as 5% to as high as 36% or more, depending on the lender and the borrower’s creditworthiness.

Both a 401(k) and an Individual Retirement Account (IRA) are retirement savings plans, but they differ in several ways.