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How Student Loans Work

By M Katie Helle, CPA – With the rising cost of a college education, many students turn to student loans for help. A student loan is a sum of money you borrow for your education and pay back over time. Student loans are unique loans in that you have the ...

What is Compound Interest?

By M Katie Helle, CPA – As you start to manage your finances, it is important to understand interest, whether it be interest you are earning on your savings or interest paid on money borrowed. So you may be asking yourself what exactly is compound interest?  According to Investopedia, compound ...

What to Know About Bank Fees

By M Katie Helle, CPA – On just about every corner as I drive in the Phoenix Metropolitan area, there is either a gas station or a bank.  Two very important business establishments… one allows you to deposit your money so you can pay for gas at the other.  The ...