Have you ever wanted to ask for a higher salary? The thought of it can be overwhelming and intimidating, but you should remember that you should get paid what you deserve for the work you do. While it may be an uncomfortable conversation to have, it’s a normal part of the job process. Here are…
Investing can be intimidating to someone who’s new at it. The stock market can look like a roller coaster, and sometimes it is! If you look at the bare bones basics of investing, it’s simply placing your money somewhere it will, hopefully, earn you a profit. Generally, the longer you keep your money invested, the…
Use the App Opening up a checking account is simple. Go to the bank with proper identification and enough funds to open an account. Most of us have had a checking account since early adulthood, so why do some people still have trouble keeping their checking account balanced? Gone are the days where it’s necessary…
Start with the Minimum It’s always good to have something extra tucked away for rainy days and emergencies, but more often than not, it’s easier said than done. Thankfully, most mainstream financial institutions no longer have ridiculous minimum requirements to open a savings account. You should be able to find a reputable bank where you…
For some people, saving money in general is challenging. Add inflation to the equation and it may seem impossible. There are ways, however, to keep spending down and put money in your savings by following some simple guidelines. Granted, it may take some self-discipline and training to handle your finances differently so your spending doesn’t…
Cryptocurrency has been around for over 10 years and it refers to digital or virtual currencies. Bitcoin is the most well known and traded crypto, but there are now thousands of other cryptocurrencies in circulation. Recent surveys indicate that 100 million people worldwide own some type of cryptocurrency and the total value is over $2…
The recent collapse of Silicon Valley Bank (SVB) and Signature Bank have caused concern among consumers. The reasons for the collapses are somewhat isolated but raises the question if we should be concerned about a bigger financial problem arising, as happened in the 2008 crisis. Let’s take a look at what happened and what it…
Insurance is protection against risks and uncertainties and pays for your losses in the case of damage. The insured (or policyholder) pays a premium (or specified dollar amount) to the insurer (policy issuer). Many types of insurance carry a deductible, which means the policyholder pays a certain amount and the insurance company covers the rest. …
Bonds are loans or debt issued by companies, local municipalities, and governments to raise capital or money. Bond investing is the buying and selling of these securities. Bonds can add diversification to your investment portfolio and provide steady income, unlike most stocks. 💡 Fun Facts… 1) The first bond was issue in 2400 BC to guarantee…
This year so far, the average tax refund is being reported as 11% lower than last year. According to the IRS, Americans got an average of $3,473 last year compared to $3.079 this year. There are a few factors that are causing refunds to be lower this year. Programs put in place due to the…
