The bucket strategy breaks your retirement funds into three parts, each subject to different risk levels. This allows you to safely fund your retirement while still getting as much growth as possible on the money you don't need immediately.
The Steady app is a mobile app that makes finding work and side hustles easier. And it can help you make money from a variety of income sources from work at home and seasonal jobs to full time traditional jobs.
In a nutshell, both FDIC and SIPC protect you from financial losses if your financial institution goes out of business and is unable to return your deposits. However, they do have limits and it's important to understand how they work so you can ensure you are properly protected.
There are two types of bank accounts every person should have, almost without exception. They are a basic checking account and a basic savings account. This will help you keep your money somewhat organized and prepare you for the financial ups and downs of life.
Your first credit card the card that will begin building your credit reputation. However, not all starter credit cards have great terms. When shopping for the best first credit cards, consider the interest rate, annual fee, and any rewards programs each card carries.
If you’re looking for a simple easy to use online bank, Current Bank may be for you. While it doesn't come with a lot of bells and whistles it has all the core features you'll need in a checking account and aims to make money management easier.
One would think that canceling a credit card would look good on your credit report. You’ve got less available credit, and therefore less of a chance to get into overwhelming debt.
However, cancelling a credit card the wrong way can, in fact, damage your credit score and even cost you money.
67% of Americans don’t have a will.
Luckily, there are several online will makers that can help you write your own will for much cheaper than that
The best online will makers are affordable and offer all of the common forms you’ll need such as a Last Will and Testament, Living Will forms, Power of Attorney forms, and more.
Wire transfers are used to transfer money from one person to another quickly. Banks and other financial institutions can do this and often charge a fee to both send and receive funds. But be careful, wire transfers usually can't be undone. This feature makes them a favorite tool of scammers.
College is very expensive so saving up ahead of time is important. You’ve got several choices when it comes to saving for college - from 529s to Coverdell accounts - here are the best ways to save for college.
If you can't get a traditional checking account due to bad credit or a mishandling of checking accounts in the past it can be difficult to do simple things like cash a check or pay a bill. Luckily, bank accounts for bad credit are available for these situations.
So, what should you do with your fifty grand if you’re looking to grow it? The first thing to do is look at your overall financial situation and make sure you have your basics covered. Start with paying off high interest debt and fully funding your emergency fund. Then start maxing out your retirement accounts for the year.