Is Your Business Cash Fully FDIC-Insured? A Practical Account Check
Check the legal owner, insured bank, account totals, and any fintech intermediary before assuming your business deposits are fully protected.
Why a Cashless Society Works
Can you imagine living your life where you no longer need cash for your financial transactions? Sounds too good to be true? Well, it’s not. Now more than ever, an increasing number of service companies, businesses, financial institutions, and even some governments are steadily and slowly moving towards the so-called cashless society. Yes, electronic transactions …
How Much Should You Have in Your Emergency Fund?
Emergencies are no fun, especially if you are strapped for cash. This is why almost all financial tips always include having an emergency fund in place. But the big question is, how much should you have in your emergency fund in the first place? There is no such thing as a definite answer here as …
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How Long Should You Wait to File Your Taxes
It’s tax time again! While you probably hear experts telling you to file your taxes as soon as you can, does it mean it is always the best and wisest choice? Believe it or not, depending on your unique situation, you might benefit more if wait to ensure the accuracy of your return. How long …
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What is Variable APR and Why is It Important?
Variable APR or annual percentage rate means that the interest you will pay when you carry a balance on your credit card might change after some time. A credit card’s APR is generally connected to the federal interest rate. It means that federal rate changes will also result in changes to the APR of the …
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What is the SECURE 2.0 Act?
Congress passed the SECURE 2.0 Act as part of a spending bill for the end of the year. The retirement plan legislation is the expanded version of the SECURE Act of 2019 whose goal was to improve the retirement laws when it comes to savings accounts. US President Joe Biden signed the bill into law …
What is an ETF?
An ETF or Exchange-Traded Fund is a type of investment fund holding assets including stocks, bonds, foreign currency, or commodities. ETFs are traded similarly to stocks at fluctuating prices throughout the trading day. They usually track indexes including the Dow Jones, the Russell 2000, the S&P 500, and the Nasdaq. Keep reading to understand all …
What is a 401k Plan?
The 401k plan is one of the most renowned employee benefits that employees and job candidates alike find appealing and enticing. It is a one-of-a-kind savings account where participants are allowed to contribute a part of their wages on a pretax basis. It also provides several exciting benefits that help you establish future savings. 401k …
What are Indexed Funds?
It is easy to assume that you can expect the best results if you work with a professional stock picker who will buy securities and supervise your portfolio for you. However, studies revealed that a hands-off investment approach is often a savvier strategy. So what are the Indexed funds? Let’s discuss it in detail. Investors …
How to Discuss Finances with Your Spouse
Romantic talks never include 401k plans and taxes. After all, finances are probably the least fun topics for spouses. However, making sure that the lines of communication are always open and clear is critical to ensure a healthy relationship. Further in this article, we will discuss how to discuss finances with your spouse Unfortunately, money …