Money Market vs. CD: Which Is Best for You?
If you have some savings you’d like to earn interest on, but you’re thinking a regular savings account won’t quite cut it, consider using a money market account or a certificate of deposit (CD). Which one is best for you depends on your earnings expectations and what kind of access you need. Money market accounts […]
Financial Advice from the Founding Fathers
More than 240 years after they signed the Declaration of Independence, America’s founding fathers continue to teach us about life, liberty and … finance? That’s right. It turns out that some of today’s wisest financial advice continues to come from those who laid the groundwork for our great nation. Here’s what America’s founding fathers have […]
When One of Your Stocks Suffers a Scandal, Should You Keep Calm and Invest On?
Even the best companies experience terrible, horrible, no good, very bad days. It could be a privacy issue, environmental disaster, product issue, bacterial outbreak, or any number of other situations that wreaks havoc. The fallout could include social media outrage, 24-hour news coverage, or thousands of customers swearing off a company for good. Recent incidents […]
Your Net Worth: A Snapshot of Your Personal Finance Health
You might think that net worth applies only to billionaires on the Forbes 400 list. But even if you don’t have the wealth of a Bezos, a Beyoncé, or a Buffet, net worth is an important financial measurement to know. And calculating yours can help you get a better sense of your overall financial health. […]
Where to Save: Money Market Accounts vs. Savings Accounts
Your saving habits have paid off, and now you have a chunk of change to set aside—but where’s the best place to put it? Fortunately, you have plenty of choices when it comes to saving, and two common places to deposit your funds are money market accounts and savings accounts. Although savings and money market accounts […]
Keto on the Cheap? Paleo for Pennies? Yes, You Can Eat Healthy on a Budget
Healthy eating habits are nothing new, but anyone who’s made avocado toast knows that eating healthy on a budget can be challenging. You know to swap out starchy foods for whole grains and to reach for protein and fiber-rich foods in lieu of sugary and processed fare, yet organic food and specialty ingredients can add […]
Confused by Put Options? Answers to Your Most Common Questions
You’ve probably heard the phrases, “What goes up, must come down” and “All good things must come to an end” when someone talks about the end of a bull run in the stock market. Both of those statements infer that your investments can only grow in value when the market is rising. But what if […]
How to Make a Big Impact in the Community Without Writing a Big Check
It’s a terrible feeling when you grab your wallet in hopes to donate to the bell-ringing Salvation Army Santa at your local grocery store or to the food pantry collection box at work only to realize you don’t have the extra cash to drop in. When it comes to charitable donations, it can be disheartening […]
5 Things to Consider When Buying a Home
More people may be renting a home than ever before, but owning a home is still part of the American Dream that many of us aspire to achieve. Browsing real estate listings and attending open houses might seem easy enough, but the price isn’t the only thing you should consider when buying a home. From […]
Is Socially Responsible Investing Right for You?
You invest to build wealth and create financial security, but what if your portfolio could also benefit the greater good? Well, thanks to socially responsible investing (SRI), it can. Socially responsible investing is an investment strategy based on choosing socially conscious investments, thus doing your part to make the world a better place. And, in […]
