The key difference between IRA and 401k is that IRA is planned by the employee, whereas, 401k is planned by the employer. IRA and 401k are two retirement plans that come under the tax law of the United States. Although both are retirement plans, they have some differences between them. In this article, we refer to the […]
Difference Between Anorexia and Bulimia
The key difference between anorexia and bulimia is their eating pattern. Anorexic patients do not eat while bulimic patients eat, but try to purge using various methods. Anorexia and bulimia are two common eating disorders. They both result in poor calorie intake. In anorexia, the poor caloric intake is due to inadequate eating. In bulimia, the […]
Difference Between Debit Card and Credit Card
Debit Card vs Credit Card Both a debit card an a credit card offer financial benefits to you in the sense that both assist you in desisting you from carrying hot cash on hand while making purchases in merchant shops. Both of them allow you to go through the financial transactions without hassles. Yet they […]
Difference Between Steam Room and Sauna
Steam Room vs Sauna Knowing the difference between steam room and sauna is useful as they are two of the many methods of giving heat to the body for therapeutic purposes. However, steam room and sauna are the two of the most popular methods to provide heat to the body. The main purpose of […]
Difference Between Stocks and Bonds
Stocks vs Bonds For an ordinary investor, stocks and bonds are both forms of investment as they earn money for him. If we look from the perspective of companies, both stocks and bonds are instruments with which companies acquire funds for their operations. These are issued by companies between common people to raise funds. It […]
Difference Between C Corp and S Corp
C Corp vs S Corp One of the major decisions when forming a company is whether to make it a C corporation or to go for S Corp. If you are an owner of a corporation, you share its profits with all stock holders in the form of dividends. As an owner, you must be […]
Difference Between Chapter 7 and Chapter 13
Chapter 7 vs Chapter 13 Though the names chapter7 and chapter 13 look like having been taken from a book, they become extremely important for a person who is passing through a very bad financial phase. When a person is debt ridden and cannot repay his loans, he can file for bankruptcy under either of […]
Difference Between APR (Annual Percentage Rate) and Interest Rate
APR (Annual Percentage Rate) vs Interest Rate If you have extra money you can invest it in a financial institution (such as banks and credit unions), building society or government bonds. These institutions reward you (investor) by paying you interest on your investments (or savings). So, your investment will earn money for you. Conversely, when […]
Difference Between Annulment and Divorce
The key difference between annulment and divorce is that an annulment declares a marriage null and void while a divorce legally dissolves a marriage. Marriage is one of the most important occasions and decision in life. For most couples, that decision could become the perfect one, but for some, it could be the worst decision in […]
Difference Between Wife and Girlfriend
Wife vs Girlfriend It’s obvious that there are a lot of differences between wife and girlfriend, which subject is taken for discussion in this article. The main difference between wife and girlfriend is that the wife is legally married person, whereas a girlfriend could be a friend, but not married. A girlfriend could take her […]