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ARTICLES

Banking

Articles on banking, managing your checking accounts, and spending wisely
 

Bankruptcy

Articles on preventing bankruptcy, filing bankruptcy, and recovering from bankruptcy
 

Budgeting

Articles on creating a budget, tips on sticking with your budget, and successful financial planning
 

Credit Cards

Articles on using Credit Cards wisely, understanding Interest Rates and Annual Percentage Rates, and what to watch out for with Credit Cards
 

Credit Repair

Articles on Credit Counseling, Debt Settlement, Debt Consolidation as well as cleaning up your credit
 

Credit Report/Score

Articles on what your credit report is, how it effects you, and what you can do to change and improve your credit score
 

Debt Management

Articles on Debt Management: How to analyze & manage your debts, and how to recognize if your debts are getting out of control
 

Insurance

Articles explaining home, life, health, car, and even pet insurance and how you can save money on each
 

Investing

Articles on buying and selling stocks and investment tips and advice
 

Articles explaining annuities and how to use them as investments for retirement
 

Money Saving Tips

Articles on saving money, shopping frugally, and smart financial planning
 

Mortgages

Articles on the many different types of mortgages, what to look for in a home loan, as well as many tips on saving money with your mortgage
 

Our Maker's Money

Articles from a Biblical perspective of our money, finances, and stewardship
 

Retirement

Articles on saving and planning for retirement

 

Student Savings

Articles on how students can save money, pay for tuition, get student loans, and more

 

Taxes

Articles on paying taxes, saving money on your taxes,  tax reform, and more

                                             


Mutual Funds



If you have done any research at all in investing, or possible even if you haven’t, you have probably heard of Mutual Funds. But many wonder, “Just what is a mutual fund and how does it work?”

A Mutual Fund is a group of investors who pool their money together in order to invest in many different types of stocks, bonds, or other financial securities. By combining their money, they are able to invest in a much broader portfolio then they would be able to individually. For example, if you had $1000 to invest, you could buy 100 shares of stock in a single company. Or, you could become a part-owner in a mutual fund and own a portion of many stocks in multiple companies. By being able to diversify your investments your portfolio becomes much more stable.

Managers are hired to oversee the Mutual Funds. Typically, they have full responsibility for overseeing purchasing and selling of stocks and earn a percentage of the total assets.

When shopping around for a Mutual Fund to invest in, look for consistent long-term results. You should avoid funds that show sharp increases or decreases, which show that they are probably dealing in some high-risk markets. A steadier, stable growth fund has proven to outperform over time.

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