When The Bough Breaks: Planning for UnemploymentYesterday I received the news that so many others have heard, my job will be coming to an end. Luckily, my boss was very kind, and has alerted me three months in advance with the hopes that I will be able to find something else. At this moment I’m hoping it will give me the [...]
Best Online High Interest Savings Account RatesThis is a comparison chart of credit unions, banks, and online savings banks that offers high interest savings account and/or high yield money market account. All bank accounts are NCUA or FDIC insured. Your principal is protected and you’re guarantee a positive nominal return on investment. In addition to the interest rates, we also included [...]
Best High Interest Checking Account RatesIf you keep a lot of money in your checking account, moving your money to a high interest checking account may be a good move. Below is a list of nationally available highest yields checking accounts. All of these accounts are FDIC insured up to $250,000. Your principal is protected and you’re guarantee a positive [...]
The Amazing Power of Compound InterestOne of the most constructive, and destructive, forces in finances is the power of compound interest. Compound interest is interest that is not only paid on the principal, but also on the interest that previously accrued on your investment. On the other hand, compound interest can work against you — for instance, as finance charges [...]
Best Discount Brokers For Cheap Online Stock TradesThe following is a list of top discount brokers focused on cheap online stock trading for active traders. It is sorted from the lowest commission cost to the highest. Recommended brokers are selected based on users’ votes and reviews. In addition, special offers and features for these discount brokers are listed to help you decide. [...]
18 Business Tools and Tips for the Recent GradThere’s no shame in admitting it: It’s possible to make it through college and into the real world without having the first idea about investing, money management, or anything that deals even remotely with finances. But thanks to the growing number of Web sites and online tools devoted to fiscal responsibility, it’s easier than ever [...]
25 Best iPhone Apps for Personal FinanceiPhones are often criticized as expensive and ostentatious. Why buy a smart phone when you can make calls from a $10 pay as you go phone? It may seem like a waste of money, but used properly an iPhone can be a powerful tool in your personal finance arsenal. Here is just a small sampling of [...]
How to Make a Multi Family Household WorkOhana, multi-family living, “boomerang children”. No matter what you call it, extended families living under one roof or on one property can be a cultural norm or a way to cope with the financial difficulties that many are facing. Many say it’s “Easier said than done.” They are correct. There are many issues to work [...]
4 Estate Planning Documents You Need TodayIt’s not a very happy thought, but have you ever considered what you want to happen to your assets after death? What about the guardianship of your children in case both parents die together? If something happens to you but doctors could keep you alive through life support or other measures would you want that? [...]
Money Hacks Carnival #76 – The Fun Money Facts EditionWelcome to the 76th edition of Money Hacks Carnival. In this edition, I’ll be presenting some interesting and fun facts about money along with the submissions. For editor’s picks, please look for entries noted with (EP). Money Fact #1: $1 bills wear out in about 17 months. Bills of larger denomination last longer because they [...]