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Time Value of Money is a principle suggesting that a dollar in your pocket today is worth more than a future dollar promised to you.

Amortization is the process of spreading out a loan into a series of fixed payments over time.

An emergency fund is a stash of cash specifically set aside to bail you out of unexpected situations and creates stability for your family.

Frugality is the practice of being wise in your spending, finding value in purchases, and prioritizing your financial health over desires.

Entrepreneurship is the art of turning an idea into a business, steering through uncertainties and challenges with an eye on growth.

A budget is a financial plan that outlines expected income and expenditures over a specific period, typically monthly or annually.

A housing allowance is a financial benefit granted to clergy members and military personnel, designed to cover housing-related expenses.

Compound interest refers to earning interest on your interest in a cycle that leads to exponential growth of your investment over time.

A capital loss occurs when you sell an asset (like stocks, bonds, or real estate) for less than what you paid for it.

Tax Credits are a dollar-for-dollar reduction in the amount of tax you owe to the government.

Tax deductions are specific expenses you've incurred throughout the year that the government allows you to subtract from your taxable income

A 529 Plan is a tax-advantaged investment plan run by states and educational institutions to make it easier for families to save for college

A Roth IRA is a unique investing vehicle where you pay taxes on money going into your account, and then all future withdrawals are tax-free.

An Individual Retirement Account (IRA) is a tax-advantaged investing tool that allows your savings to grow exponentially over time.

A 401(k) is a retirement account tool offered by many employers that allows you to save and invest a piece of your paycheck before taxes.

Leverage involves using borrowed money or financial instruments to increase the potential return of an investment.

Trading on Margin is utilizing a broker loan to buy stocks.

An exchange rate is essentially the price of one country's currency in terms of another country's currency.

Forex Trading is about buying and selling currencies in the hope that the one you buy will increase in value compared to the one you sell.

A derivative is a financial instrument whose value is based on the performance of an underlying asset.