What is Personal Finance?

man with headphones facing computer monitor

Personal finance is the planning and management of personal financial activities such as earning money, spending it, saving it, investing it, and protecting it. A budget or financial plan can outline the process of managing one’s own money. The most…

What Is an Index Fund ?

woman in eyeglasses covering her face with paper money

A mutual fund or exchange-traded fund (ETF) that tracks or matches the components of a financial market index, such as the Standard & Poor’s 500 Index, is known as an index fund (S&P 500). A broad market exposure, minimal operating…