If you have $15,000 stashed away, you’ll want to put that money to work. If you don’t, inflation can quickly eat away at your nest egg. Plus, the current rise in interest rates has made it worthwhile to have some money in savings accounts again. But where should you invest your $15,000? That depends on … Read more
The very thought of getting into real estate investing can be overwhelming. There’s a lot of work involved in finding the right property, not to mention the many expenses involved with purchasing real estate. On top of this, you have to worry about finding good tenants and being a landlord. You can avoid the hassle … Read more
M1 Finance is a personal finance company that offers a variety of financial services, including investment management, portfolio analysis, and stock trading. The company is headquartered in Chicago, Illinois, and was founded in 2015. If you read more about them in our M1 Finance review you’ll clearly see they are a top notch online broker … Read more
Most of us don’t keep our money under our mattresses. We keep it in a bank, where we trust it will be safe until we need it. This trust is the reason banks stay in business. If enough people lose that trust, it can set off a series of events known as a bank run. … Read more
Chances are, you’ve heard someone mention the term compound interest, at some point. But do you know exactly what it is and how it can benefit your investments? And just as important, do you know where to find the best compound interest investments? Whether you are an active investor or an aspiring one, it’s crucial … Read more
Whether you prefer an intimate community banking experience or the anytime, anywhere convenience of a major national bank, Californians can find the best match for their needs. The Golden State has dozens of homegrown financial institutions, many of which serve only parts of this vast state. California also has a special connection to some of … Read more
Americans’ credit scores have improved dramatically over the past decade. Even the brief but sharp COVID-19 recession couldn’t stop the upward progress. In fact, credit scores actually jumped in 2020 and 2021 as consumers pared back spending and paid off debt. The average consumer’s FICO score was 714 in Q3 2021, up from 691 in … Read more
Maybe it was you in your dorm room at college. Maybe your mom at the kitchen table. Or maybe it was this one time in a high school blow-off class you kinda wish you hadn’t blown off called something like “life sciences” where the teacher (most likely a coach) taught you things about personal finance … Read more
The world has no shortage of online and mobile-first banks. I spend a lot of time researching and writing about financial technology, and if I find them all difficult to keep straight, I can’t imagine what it’s like for someone unfamiliar with the landscape. Finding a reliable place to park your money shouldn’t require so … Read more
I literally can’t conceive of a world without banks. They give us a safe place to store our cash, facilitate fast electronic payments to people and businesses thousands of miles away, and lend us money to finance big purchases we can’t afford all at once. I’ve had checking or savings accounts with about a dozen … Read more