A 401(k) is a savings plan for retirement offered by many employers that lets you invest a portion of your paycheck before taxes are taken out. The money grows tax-deferred, and many employers offer matching contributions to help boost your savings.

Compound interest is one of the most powerful forces in personal finance. It can be a great ally or a sneaky enemy. Learn how it works.

This post breaks down the differences between debt relief and debt consolidation, the pros and cons of each, and list steps to get started with either option.