All of the recent hype surrounding Gamestop, cryptocurrency, non-fungible tokens (NFTs), and meme stocks made me question - is anyone risk-averse anymore? Does anyone value consistent returns over the 50/50 gamble to win big or lose it all? Of course, I know the answer is “yes.” There are over $4 trillion in passive funds right now, which means there are a ton of people … [Read more...] about How Risk Averse Are You? Here Are the Best Ways to Find Out?
Giving your child a debit card can be an excellent way to teach them about money and budgeting early in life. With consumer debt in the US growing to over $14 trillion, according to CNBC and the Fed, any step you can take to help promote financial literacy early can go a long way. However, not all debit cards for kids are created equal. Some have higher monthly fees. … [Read more...] about The Best Free Debit Cards for Kids to Teach Them About Money
While traditional credit cards are great consumer products because they reward your spending, the best prepaid cards are useful because they can help you control your budget. If you are someone who needs to reign in spending or just get a better handle on your budget, then prepaid cards could be a good solution for you. What is a Prepaid Debit Card? A prepaid card, or … [Read more...] about 7 Best Prepaid Cards to Control Your Budget
Bonds are often an integral part of a diversified investment portfolio. In our Worthy Bonds review, we'll introduce you to a unique type of bond investment open to all investors. If a 5% interest is attractive to you, you'll want to learn about Worthy Bonds. How can a bond investment pay a 5% return in a zero interest rate environment? Here are a few of the … [Read more...] about Worthy Bonds Review: Earn 5% Interest on Your Money
With all the talk of a pending recession, saving some money on your next vacation is likely even more top of mind than usual. Luckily, there’s a solution out there to help you save money while still enjoying your next vacation! The answer is called travel rewards. With travel rewards, you can use existing systems to your advantage to get discounted and free airfare, hotels, … [Read more...] about Travel Rewards 101: Learn How to Travel for (Almost) Free
Investing is necessary to hit nearly every financial goal imaginable, including retirement. Some people are scared of investing, but what you should really be afraid of is the consequence of not investing. There is a huge opportunity cost to sitting on the sideline. For example, take someone who is a diligent saver and put away $10,000 per year from 25 to 65. If that … [Read more...] about How to Invest Money: A Beginner’s Guide
Finding out a celebrity’s net worth feels like an American pastime. Whether it’s wondering how much Will Ferrell is worthwhile watching Elf or Anchorman, or Googling LeBron James’s net worthwhile watching the NBA finals - something is captivating about looking up someone’s net worth. However, for some reason, few of us know what our own net worth is and how that stacks up … [Read more...] about Average Net Worth by Age: How Do You Compare?
When it comes to investing, choosing where to invest is often the first and most crucial choice you make. Choose correctly, and you’ll be in a great spot to pick from a wide variety of low-cost funds and make trades for free. Choose poorly, and your investment options will be limited, and your fees will be high. When investing over a long time horizon, fees can make a huge … [Read more...] about 3 Best Online Stock Brokers To Start Investing Today
Robo-advisors might not be as inherently exciting as the 1966 Western Classic starring Clint Eastwood, but they are certainly more modern. 42 years after the debut of this Eastwood blockbuster, the first Robo-Advisor came onto the scene. And 11 years after that, we’re stealing the title of that movie classic to create our own Hollywood film (article), starring … [Read more...] about Robo-Advisors – The Good, The Bad, And The Ugly
Everyone should be investing in some capacity if they can. Whether it’s through a 401(k), a Roth IRA, or just a personal brokerage account, investing is one of the best things you can do for yourself! And if all those fancy numbers and abbreviations (looking at you, Roth IRA) mean nothing to you, don’t worry, we’re breaking down how anyone can get started in this index … [Read more...] about Investing for Beginners With Little Money (The Complete Guide)