You'll need an investment account to buy most investments, including stocks and bonds. Just as there are a number of bank accounts for different purposes — checking, savings, money market, certificates of deposit — there are a handful of investment accounts to know about. Some accounts offer tax advantages if you invest for a specific purpose, like retirement. Keep in mind that you may be taxed or penalized if you pull your money out early or fo

Most people could tell you how much money they make in a year. Fewer could state how much money they spend, and fewer still could explain how and where they spend it. One of the best ways to figure out your what comes in and what goes out—is to create a budget, or a personal spending plan.   A budget forces you to put down on paper all of your income and expenses, and this can be an indispensable tool for helping you meet financial obligations now and in the