If you have a checking or savings account at a large brick and mortar bank, you’re making nearly nothing in interest. The rates are abysmal… and they know it. They will never increase it. They expect some of you to keep your cash there and they boost their profits. They also expect the savvier customers … Read more
If you’ve ever “linked” your bank account to a fintech platform, chances are you did so with Plaid. Many finance and investing apps such as Empower Personal Dashboard, Acorns, and Vyzer use Plaid to connect your bank account to their platform without storing your sensitive credentials on their servers. In addition to the added security, … Read more
With credit card interest rates on the rise, you may be wondering how to lower your credit card interest rate, or if it’s even a possibility. The interest rates of many popular credit cards are now hovering close to 30%. According to this Forbes article, the average credit card balance in 2022 was roughly … Read more
In photography, “golden hours” refers to the last hour before sunset and the first hour after sunrise. It’s when you get perfect light for the best photos. The light isn’t enough to transform a terrible photo into a great one, but can help a good photo become a great looking one. But the concept of … Read more
If you’re a real estate investor or plan to be, you need to be familiar with a 1031 exchange, which is a strategy that enables you to sell one property in exchange for another without incurring taxes in the process. Does that sound too good to be true? Maybe so, but 1031 exchanges are recognized … Read more
It wasn’t that long ago when even the best CD rates paid next to nothing due to record-low interest rates. Well, times have changed, and short-term Certificates of Deposit (CDs) are once again offering decent returns for conservative and short-term investors. But how high have rates risen? Is it possible to earn 6% on a … Read more
If you are an active trader, especially if you are into options trading, Tastytrade is one of the best platforms for doing so. They are designed for active traders so the emphasis is on features that you’ll need. This includes an emphasis on speed and tools for the active trader, like quick trades, quick trade … Read more
Depositing checks via your mobile device can be a convenient way to get money in the bank quickly. However, mobile check deposit limits can vary depending on where you bank. If you like using mobile deposit or are interested in learning more about how it works, you’ve come to the right place. Table of Contents … Read more
If you want to build wealth, one of the best ways is to invest in the stock market. The average return of the S&P 500 over the past 151 years has been 8.4%1. The numbers get even more impressive if you look at rolling periods of 5, 10, and 20 years. In every 20 year … Read more
Options trading has become more popular in recent years, with an increase in the number of online brokers and investment apps allowing the buying and selling of options contracts. A covered call is just one of many options strategies and one you should be aware of if you’re getting involved with options trading. In this … Read more