compound interest formula

Power of Compound Interest on Savings

Whether you liked Mathematics or not, you may have learned compound interest and simple interest calculations in secondary school. However, chances are your teacher never told you the practical importance of compound interest formula in […]

savings products in banks in the gambia
Personal Finance

General Savings Products and their Features

We all save money for different reasons, however choosing the right savings products can be very helpful in managing your funds. Savings products are secure and liquid accounts offered by financial institutions in assisting the management […]

banking terms
Other Money Tips

16 Common Banking Terms You Should Know

Banking terms and concepts are many and can sometimes be difficult to comprehend, even for the industry professionals. However, since banking is a critical part of our business and personal life, it is helpful for consumers […]

teach children about money
Other Money Tips

How to Teach Children about Money

Given the important of personal finance in life, it’s surprising that our schools still don’t teach children about money. As a parent, however, you can teach your children about the important financial lessons — and you […]