A congratulations goes out to Julie Woods, MSc, MD of Geisinger Medical Center in Danville, PA. 

Dr. Woods has recently become one of the few doctors to accomplish creating a Lynch Syndrome clinic, which is 1 of 4 full service multidisciplinary clinics in the country. 

Student debt is scary. Getting out of that debt is even scarier. But, the good news is, that it’s possible to get out of student debt. 

The Facts 

There are a lot of things that go into finance. A lot of words that people don’t understand, a lot of concepts that people can’t quite grasp. Thankfully, we’re here to help! Let’s break down what an annuity is. 

First, we’ll go over some basic terms that you’ll need to understand. 

Key Words: 

Today, your daughter/ son is just little. Taking their first steps, saying their first words. Next, they’re learning how to ride a bike without training wheels, and then before you know it, they’ll be getting their first job, opening their first checking account, going off to college, and then getting tossed into the real world. 

Your 20’s are downright confusing. You’re in college, you’re getting ready to leave college. Maybe you’re headed to Grad School, or maybe you’re being thrown out into the real world to find a job and start paying bills and taxes and apartment shopping to get out of your parent’s house. Let’s face it.

A lot of people need their daily cup of joe. I, admittedly, am one of those people. It was today that I was sitting in the Dunkin’ Donuts Drive-Thru (like I usually do), when I wondered to myself: 

“How much money do you think I’ve spent on Dunkin’ in my lifetime?” 

Ah yes, the Holiday Hangover. Not your typical hangover. It doesn’t come from too much eggnog on Christmas, or that one too many glasses of champagne at the New Year’s Eve party. This one isn’t felt in your head, and definitely can’t be cured with an ibuprofen. This one hurts your wallet.    

Finances are important but understanding them are more important. Some terms can be tricky, but never fear! G.S Woods Financial Solutions is here to help.  Here are five key finance terms that you should know: 

1. Cash Flow 

First, you’re probably thinking, what is Cashflow? Cashflow management includes budgeting, debt management, income planning, savings and funding goals. 

Credit cards are everywhere. You see the commercials, the bus stop advertisements, they’re in your wallet, our friend’s wallets, everywhere. 

Here are two important, but basic, must-know things about credit cards.