Finance
For many people, personal finance is a mystery. The average person entering the work force today will make more than $1 million in today’s dollars, and yet many will retire or die with only a fraction of the money they’ve earned intact, if they have anything at all.
Additional personal finance courses have been added that target different age groups, such as high school and college students using the same Internet and database infrastructure.
Enhancing basic financial service options for lower-income and minority households is a strategic priority for the Fannie Mae Foundation. If these households use less-expensive financial services, they can start saving and building assets in order to enjoy the same financial benefits.
Income is one of the most familiar concepts in personal finance. Income is the money that we receive from some outside source. The most common example of an income source is a pay cheque. Every two weeks most of us get a cheque from our employer as compensation for the amount of work we have done over the two week period.
