Terminology
What Is Income Tax? How It Works and Why You Pay It
Income tax is a government tax on money you earn, from wages to investment income. Learn how it's calculated and how it connects to your take-home pay.
July 24, 2026
Terms
Terminology
What Is an Expense? Definition, Types, and Examples
What is an expense? Money spent to run your life or business, from rent to raw materials. See the types, examples, and how expenses differ from liabilities.
July 22, 2026
Terminology
What Is a Financial Advisor?
What is a financial advisor? Learn what financial advisors actually do, the main types, how they get paid, and what to weigh when deciding if you need one.
July 21, 2026
Terminology
What Is Financial Advice, and Who Can Actually Give It?
What is financial advice? A specific, often regulated recommendation about your money, unlike general information. Learn what counts and who can give it.
July 21, 2026
Terminology
What Are Capital Gains? A Simple Explanation
What are capital gains? The profit from selling an asset for more than you paid. Learn realized vs unrealized gains and how holding periods affect the tax owed.
July 20, 2026
Terminology
What Is Cash Flow? A Plain-English Guide
What is cash flow? The money moving in and out of your finances over time. Learn the formula, positive vs negative cash flow, and how it differs from net worth.
July 18, 2026
Terminology
What Is the Rule of 72? Formula, Examples, and How to Use It
The Rule of 72 is a quick shortcut for estimating how many years an investment takes to double. Learn the formula, worked examples and how accurate it is.
July 15, 2026
Terminology
What Is the 50/30/20 Budget Rule? Formula, Examples, and How to Use It
The 50/30/20 rule splits after-tax income into 50% needs, 30% wants and 20% savings and debt payoff. See worked examples and how to adjust it to your numbers.
July 8, 2026
Terminology
What Is Compound Interest? Formula, Examples, and Why It Matters
Compound interest is interest earned on your principal plus the interest already added. Learn the formula, see worked examples, and try the free calculator.
July 7, 2026
Terminology
Cash on Cash Return: Formula, Examples, and What Makes a Good CoC
Cash on cash return is annual pre-tax cash flow as a percentage of the cash you invested. See the formula, worked examples, what 8-12% means and how it differs.
July 1, 2026
Terminology
What is Gross Rent Multiplier (GRM): Formula, Examples, and How to Use It
Gross rent multiplier (GRM) divides a property's price by its annual gross rent. Learn the formula, how to use it in reverse, what a good GRM is and its limits.
June 29, 2026
Terminology
What is LTV (Loan to Value Ratio)? Why 80% Matters, and How It Changes Over Time
LTV (loan to value ratio) is your mortgage balance as a percentage of your property's value. Learn why 80% is the key threshold and how LTV changes over time.
June 25, 2026