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	Money Saving Tip
	Only consider buying a home if you plan to be in it for 5 or more years. The costs of buying and selling a home, in addition to the slow rate of appreciation, increase the chances that you will lose money if you plan to stay only a short period.
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	Money Fun Fact
	Credit cards did not become widespread until the end of the 1960s. They emereged in America in the 1950s. This was the first time most consumers had been offered any form of "unsecured" credit that was widely available and easy to use. Source: millions2win.com
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Financial Terms

Annuity

An annuity is a type of policy that provides regular and set income over fixed intervals to the insured upon retirement for the rest of his/her life. Basically it can be thought of as a payment for the same amount of money that you will receive for a predetermined number of years or the rest of your life.

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