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Knowing the difference will allow you to develop a realistic budget based upon your take-home pay.

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15y ago

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What is the difference between dividends and interest?

It is very important that the self directed investor understands the difference between dividends and interest.-Dividends- Dividends are generally paid to shareholders of a publicly traded company.-Interest- Earning interest would be from loaning your money. If you put your money in the bank or buy bonds you are actually loaning your money.The single most important reason for knowing the difference is tax. Dividends are taxed at a different rate than interest earned. It is suggested to seek professional accounting advice on how these tax rates affect you.


What is the difference between risk and uncertainty?

First of all that is improper grammar. Second, uncertainty is not knowing or being sure of something. Risk is either a cool board game or doing something dangerous. doing something dangerous is taking a risk.


How much is the 1934 10 silver certificate worth?

It is really impossible to say without knowing the condition of your bill. Condition is everything and can mean the difference between a $20 bill and a $200.


What is the difference between an asset and income, and how can understanding this distinction impact financial planning and decision-making?

An asset is something you own that has value, like a house or a car, while income is the money you earn regularly. Understanding this difference is important for financial planning because assets can grow in value over time, while income is typically used for day-to-day expenses. By knowing the distinction, you can make better decisions about how to save, invest, and manage your money for long-term financial security.


What is the difference between State Student Financial Aid and Federal Student Aid?

One is through the state and the other is through the federal government. You may want to make your question more specific (in particular, knowing which state you're talking about would help).

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