No matter which side of a financial transaction you’re on, it’s important to understand the concept of interest. It’s the charged fee for borrowing money—often a percentage of the amount borrowed. For ...

Achieving financial security and peace of mind often begins with effective savings strategies. And, whether you're just starting your journey toward financial stability or looking to fine-tune your ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Log-in to bookmark & organize content - it's free! Author Stephanie Vance discussed the role of lobbyists and interest groups in Washington, D.C. This lesson looks at various examples of ...

The UK base rate of interest has been held at 4.75 per cent, the Bank of England has announced, after inflation rose for the second month in a row. Last time around The Bank’s Monetary Policy ...

Credit unions and banks offer many of the same types of financial products and services. But there are some key differences between the two. From ownership structure to membership ...