Interested in Interest? Must Know Financial Terms

Today’s episode is all about the people. Tandia polled the community to learn what financial terms they should know, but don’t. You’re not the only one to toss a few buzz words around the dinner table without fully understanding their meaning, but don’t worry — your secret is safe with Carla. She breaks down common financial acronyms, home buyers plans, demand loans, and finally puts that high school math class about compound interest to good use.  This is the perfect episode to build your financial toolbox that no one will ever know you listened to.   
 
Today’s topics include: 
 

The meaning of GIC and POA  

The difference between amortization and term of your mortage 

How to calculate and understand compound interest 

 
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