The Money Talk
Blog about money? You bet!
T.I.F.F. = Teaching and Inspiring Financial Freedom
Financial independence is the goal so let's dive in
Speaking of... what is financial literacy anyway? This is an excellent place to start!
Definition
A mortgage is a legal agreement by a bank or other financial institution and a debtor. The financial institution lends money with interest and takes ownership of...
According to the Oxford Dictionary, Resilience is "the capacity to recover quickly from difficulties; toughness." I have been reticent on my blog as life has taken a tailspin. Between...
Definition
A number given to an individual to indicate creditworthiness to a lender.
Why It's Important
I am sure every one reading this knows what a credit score is. If not, check out my blog...
Definition
The geometric mean is the average of a set of numbers.
Why It's Important
This is not to be confused with arithmetic mean. The arithmetic mean is what you learned in school when your...
Definition
The head and shoulders pattern in technical stock analysis is used to predict what the support level (lowest price it will potentially go before traders make it rise again) of a stock is....
Definition
A fiduciary is a person or organization that acts on behalf of another person or persons to manage assets.
Why It's Important
The term fiduciary has been thrown around a lot lately but do...
Definition
Inflation is the increase in the prices of goods and services over time. It occurs at a specific rate according to the countries consumer price index.
Why It's Important
As prices rise,...
Definition
In economic terms, expansion is an increase in the level of economic activity. It is a period of economic growth as measured by a rise in real GDP (Gross Domestic Product).
Why It's...
Definition
A durable power of attorney is a designation that is given to someone in order to handle financial transactions if another person becomes incapacitated and can't make decisions on their...
Definition
A put is a type of option contract that gives the owner the right to sell a stock at a certain fixed price within a specified timeframe.
Why It's Important
Puts are the opposite of the word...
Definition
A call is a type of options contract that gives the owner the right to buy a stock at a certain fixed price within a specified timeframe.
Why It's Important
As I discussed in last week's...
Definition
An option is a contract that gives the buyer the right, not the obligation, to buy or sell an asset at a certain price in the future.
Why It's Important
Options play an important part in...
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