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Why Investing is Important to Your Finances

Why Investing is Important to Your Finances

by Penn Credit Corporation | Feb 22, 2023 | Blog, Finance, Penn Credit Corporation

Investing diversifies your assets, so you don’t put all your eggs in one basket. For example, if you invest in stocks and lose your job, you continue to make money from the stock market instead of losing everything. It is also an opportunity for growth – over...
The Different Types of Taxation

The Different Types of Taxation

by Penn Credit Corporation | Feb 22, 2023 | Blog, Finance, Penn Credit Corporation

Taxation is a critical concept in almost all economics, as it significantly influences the trade and economy of any given country. It refers to a portion of income or profit that an individual or company must pay to the government. The amount that an individual or...
How to Avoid Future Debt

How to Avoid Future Debt

by Penn Credit Corporation | Feb 22, 2023 | Blog, Finance, Penn Credit Corporation

No one tries to get into debt. It’s just a part of life that happens without warning, and it can feel like it’s out of control. Unfortunately, getting into debt is just one of those things that can happen without warning. However, it’s possible to...
Eliminating Unnecessary Payments

Eliminating Unnecessary Payments

by Penn Credit Corporation | Jan 12, 2022 | Blog, Finance, Penn Credit Corporation

  If you’re trying to establish financial freedom for yourself or your family, an important first step is to create a source of disposable income. You can do this by reducing the amount of money you have to pay out each month on bills and debts. Many people...
The Significance Of Looking At Your Finances In The New Year

The Significance Of Looking At Your Finances In The New Year

by Penn Credit Corporation | Jan 12, 2022 | Blog, Finance, Penn Credit Corporation

The start of a new year is the ideal time to re-evaluate your financial situation. This should start with determining your net worth since this can help you see how well you’re progressing towards meeting your financial goals. Make a side-by-side list of your...
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