- The Finance Gourmet

Power of Compound Interest – A Case Study

January 23, 2023August 17, 2022 by Finance Gourmet

Over at MarketWatch recently, was an interesting article entitled Make Your Kid Rich for $1 a Day. I’ll let you go over there and read the particulars if you are interested. However, I think that the concept provides a great way to study the phenomenon of compound interest, and the …

What Is The Difference Between UTMA and UGMA?

November 20, 2020May 13, 2020 by Finance Gourmet

How Are UTMA and UGMA Alike? UTMA and UGMA are very similar. Both are uniform code proposals adopted by the individual states. Like other uniform codes (the uniform building code is a common one, for example) these work by proposing a common framework for states to use in order to …