Month: April 2024
10 posts
What is disguised unemployment?
DEFINITION Disguised Unemployment is when workers are employed, but they are not working or their time is only partially…
What is Annual Percentage Yield (APR)?
DEFINITION Annual percentage return is a rate of return on an investment for a period of 12 months that…
What Causes Underemployment and How Does It Affect You?
When workers are not able to use their full skills, education or availability, they experience underemployment. According to Organization for…
Escrow accounts come in different types.
It’s frightening to think that buyers and sellers are often forced to work together on the basis of…
How to Open a Bank Online Account
You can open a bank account from the comforts of your home. It should take you only a few…
What is a Tanda?
DEFINITION A tanda is a rotating savings and credit association (ROSCA) formed by a group of people who know one…
What is Unemployment Income?
DEFINITION Unemployment Income is a federal and state insurance benefit that pays money to workers who are eligible for…
How to Deposit Cash in Your Local Banks, ATMs and Online Banks
It’s best to put any extra money in a bank. So, the money is protected from theft, loss or…
How to Ask your Bank to Waive Overdraft Fees
Overdraft fees are a financial and emotional burden when you’re already struggling financially. Overdraft fees are annoying even when…
What is Universal Basic Income (UBI)?
DEFINITION Universal basic income is a proposed government-guaranteed payment that each citizen receives. The purpose of the universal basic income…