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Probate is the legal process by which a deceased person’s will is validated, and their assets are distributed to heirs and beneficiaries. If there’s no will, the court appoints an administrator and distributes the assets according to state law.

Inheritance refers to the money, property, or assets that a person leaves to their heirs when they pass away. It’s often distributed according to the instructions in a will or through state laws if no will exists.

An executor is the person named in your will to manage your estate after you pass away. Their job? Handle your final financial affairs—think debts, taxes, and dividing up your assets to the people (or causes) you care about.

Andy Stanley drives home: you arrive where the road you’re on takes you—regardless of where you hoped to end up. If your financial choices today aren’t aligned with where you say you want to be, it’s time for a U-turn. Or at least a pit stop to ask for directions ... You can intend to head to Wealthville, but if you’re driving toward Brokesville every month, guess what? You're going to arrive right on time—with empty pockets and a flat spare.

By cutting out excess and focusing on what truly matters, you can save more, invest wisely, and create a life of financial freedom.

Money plays a much bigger role in our happiness than some would like to admit... it influences our quality of life and more!

Peer-to-Peer lending is a method of debt financing that enables individuals to borrow and lend money without traditional banking methods.

A debit card is essentially a digital checkbook. When you use it to make a purchase, the money is taken directly from your bank account.

Debt-to-income ratio is a financial benchmark used by creditors to gauge a borrower’s ability to manage monthly payments and repay debts.

Annual Percentage Rate (APR) is a measure that captures the total cost of borrowing, expressed as an annual percentage.

Bankruptcy is a legal procedure for individuals or businesses that cannot repay their outstanding debts.

Foreclosure is the legal process in which a lender takes possession of a property when the homeowner fails to make their mortgage payments.

A Credit Score is a number that tells lenders how likely you are to pay back money you borrow, based on your past financial behaviors.

A mortgage is a financial bridge that lenders offer to help you buy your home now, allowing you to pay it off over 15 to 30 years.

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

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

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.

A recession is a significant decline in economic activity that lasts for months or even years.

Deflation is a decrease in the general price level of goods and services. It's the opposite of inflation.