What is a negative interest rate and how do they work? A negative interest rate is an unusual and extraordinary monetary policy whereby a central bank or private bank charges a negative rate. The result is that you will be charged a fee to hold money in the bank. So, why do this? The main…
The majority of homeowners would love to lower their home’s monthly energy bills. With lower bills, you could budget more of your income to paying off debt, boosting your savings account, or funding a relaxing vacation for the family. One of the easiest ways to lower your energy bills is to focus on making your…
June has arrived and with it my personal financial update, June 2020. Our pool is open, the garden is planted, and we were able to do our first kayak trip of the season on the river near our cabin. The world is still in turmoil, as the coronavirus is still infecting millions of people, and…