16
SAVVY
All too often, the mere mention of ‘finances’ and people get a look of panic or glaze over. But it really doesn’t need to be that way. Being financially savvy needn’t necessarily mean you have to struggle desperately to understand everything (in a world that is incomprehensible to you) or immerse yourself in something that you find interminably dull. This is just about having a grasp of the basic principles and knowing what you can do to stay ahead of the game.
Test your ‘savviness’
What is APR and what does it really mean?
Well, if you said it’s annual percentage rate, you’re right but do you know what that really means? If you said it’s the actual cost of the loan, including interest, fees and charges, you are savvy. And you’ll ...
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