openudc

401k Loans

If you have an existing 401k plan right now, then let me tell you that your financial life is already many paces ahead of the average person. A 401k is a good decision for a multitude of reasons. First, it’s an easy way to save. Second, you have the option to technically borrow from yourself by way of a 401k loan.

Car loans

It is more and more common for people to buy a car on credit. You see more and more ads for cars and the cost per month. But is it really a good choice to borrow money to purchase a car? And which loans are available?

Caught by money

Money. We need it. We think. We grow up and it seems as if we cannot function without money. Because there's always money. Money is needed to live, to have a place, to eat, to travel. It seems as if we even need it to breathe. Is that really so?

Money economy

The money economy is a form of economy in which transactions are done with money. Alternatives are possible, e.g. bartering, but money is the dominant factor for transactions between people. The money economy is a product of human society.

Money is impersonal and reduces qualitative values to a quantity (source)