To put it simply, interest is the cost of borrowing money. Let’s just say I want to spend $1 on a cone of ice-cream right this moment. But then, a friend of mine asked to borrow $1 from me. I only have that $1 coin and nothing else. Shall I decide to lend my coin to my friend or use it to buy my ice-cream … Continue reading What Is Interest?
Little ones will pay more attention to saving when they have cute piggy banks to look at everyday. They’ll definitely want to drop in a coin or two just so they can admire their cool DIY piggy banks. That’s when they start having the habit of saving. What more can you ask for? Here are some really beautiful DIY piggy bank ideas I found on … Continue reading DIY Piggy Banks To Make Saving FUN!