What Are The Differences Between Stocks, ETFs, Mutual Funds, And Bonds?

Let’s bring it down to the basics. In the investment world, there are 3 main asset classes: equities (stocks), fixed income (bonds), and cash equivalents (money market). To further explain asset classes, think of it as a type of investment … Continue reading What Are The Differences Between Stocks, ETFs, Mutual Funds, And Bonds?

Update About Our Blog

Hey everyone, Thanks for following our blog and for being an awesome supporter! I’m writing to let you know of an update and some changes. We are transitioning FinancialFluency.org to MoneyQlip.com and here’s why: Over the past 2 months, Vania and I have been working with a team of designers and engineers to develop a really cool product! We are projecting this product to be in market in 8-12 months. As you may know, financial literacy in this country is only at 57% and we are focused on creating a solution for the remaining 43% of the population. That is why MoneyQlip … Continue reading Update About Our Blog

Keep A Close Eye On Your Credit Score…It Can Make Your Mortgage Very Costly

Whether you are a first time home buyer or you’re a pro at purchasing homes, your credit score will always influence your mortgage interest rate. As you know, your mortgage payments have 4 components to it and interest is one … Continue reading Keep A Close Eye On Your Credit Score…It Can Make Your Mortgage Very Costly

Don’t Fall In Love With The Home If It Costs Over 30% Of Your Monthly Net Income

You may have heard or read from financial advisers and other blogs that your monthly rent/mortgage payments should be less than 30% of your monthly net income. This is great advice! Before you fall in love with the home or … Continue reading Don’t Fall In Love With The Home If It Costs Over 30% Of Your Monthly Net Income