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Tag: Financial literacy

Explore our comprehensive collection of health articles in this category.

What does the 5/20 rule mean?

5 min read
According to the U.S. Food and Drug Administration (FDA), a % Daily Value of 5% or less for a nutrient on a food label is considered low, while 20% or more is considered high. This principle, widely known as the 5/20 rule, is just one of its many applications across different fields, including business and personal finance.

Can SNAP Be Used for Menstrual Products? An Essential Guide

4 min read
According to the USDA's official policy, SNAP benefits cannot be used to purchase non-food items, including menstrual products. This federal guideline directly impacts millions of individuals who rely on the program for basic needs, forcing many to choose between buying food and essential hygiene products.

What Does the Abbreviation DTI Stand For?

5 min read
According to the Consumer Financial Protection Bureau, a lower debt-to-income (DTI) ratio signifies a healthier financial profile to lenders. So, what does the abbreviation DTI stand for, and why is this metric a major factor in lending decisions, from mortgages to credit cards?

What Is the Average EAR? A Guide to Effective Annual Rates

3 min read
As of October 2025, the national average money market account rate was approximately 0.59%, while top-tier high-yield savings accounts offered over 4% APY, illustrating that there is no single "average" EAR across all products. The Effective Annual Rate (EAR) is the true annual rate of return or cost after accounting for compounding interest.

How to calculate amount per kg for smarter shopping and budgeting

3 min read
According to the U.S. Bureau of Labor Statistics, food prices have increased significantly over the past decade, making savvy shopping more important than ever. Mastering the simple calculation of price per kilogram can help you make smarter purchasing decisions and save money on your grocery bill.

How much should a 13 year old ear?

4 min read
According to a 2024 study by Till Financial, the average allowance for teenagers aged 13-17 is between $12 and $28 per week. Deciding how much should a 13 year old earn involves balancing allowance with potential part-time work, setting the stage for lifelong financial literacy and responsibility.