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Glossary

  • Investing

    Allocating money and/or time into an asset in hopes that it will grow beyond its initial value providing extra profit...
  • Debt

    Money that you own to a third party. Before you start investing it is ideal to pay off your debt....
  • Recurrent Cost

    Expenses that you have to repeatedly pay (e.g. monthly) like your phone, utilities, tuition installments, Netflix, Spotify, etc.
  • Emergency Fund

    A determined amount of money that you set aside for an emergency or any other unforeseen circumstance (e.g. illness, job loss). It...
  • Investment Size

    The amount of money that you can invest or how much your portfolio is worth. Your investment size will influence...