Category: PERSONAL FINANCE

Electronic Funds Transfer: Examples, Types, and Explanations

What is electronic funds transfer (EFT)? EFT is a system that allows money to be transferred electronically between two parties. This can be done through a bank, credit union, or other financial institution. There are many different types of EFTs, and each one has its own unique benefits and drawbacks. …

Stagflation: Definition, Tips for Protecting your Money and Investing

It can be tough to know how to invest for stagflation. This type of economy is characterized by high unemployment, slow economic growth, and inflation. In this blog post, we will discuss some tips for protecting your money during these tough times. What is the definition of stagflation? Stagflation is …