Reference

Your total gross income minus specific subtractions like student loan interest or retirement contributions. It is used as the starting point for calculating your final tax liability.

Adjusted Gross Income is your total yearly earnings from all sources minus specific deductions like contributions to a retirement plan, which is the final number the government uses to calculate your actual tax bill.

A strategy where an investor borrows money in a country with low interest rates to invest in assets that offer higher yields in another country. The goal is to profit from the interest rate difference while managing the risk of currency fluctuations.

A Decentralized Autonomous Organization is a group that runs itself through computer code rather than a traditional boss or board of directors. Imagine a club where all the rules are written into a smart contract that automatically executes decisions based on member votes, removing the need for a central leader.

The strategy of investing a fixed amount of money at regular intervals, regardless of the asset's price, to reduce the impact of volatility.

An investment strategy in which an investor divides up the total amount to be invested across periodic purchases.

A business arrangement where two or more people share equal responsibility for managing the company and its profits or losses.

Insurance that protects the policyholder if they are legally responsible for causing injury to others or damaging their property.

The company responsible for the day-to-day management of a loan, including collecting payments, tracking balances, and managing escrow accounts.

Modified Adjusted Gross Income: This is essentially your total income after certain tax deductions have been subtracted, which the government uses to decide if you qualify for specific tax breaks or benefits. You can think of it as your 'official' income level for tax purposes, adjusted for things like student loan interest or retirement contributions.

The person or entity responsible for managing the day-to-day operations and legal compliance of a retirement plan.

SWIFT — The messaging system that banks use to send secure instructions to each other for international money transfers. It doesn't actually move the money, it just sends the 'go-ahead' signal.

A state-run federal program that provides temporary financial assistance and support services to low-income families with children while encouraging employment and marriage.

The individual or entity managing the assets within a trust.