Ethereum: All You Need To Know To Decide If This Crypto Is Worth the Investment

Cryptocurrencies have skyrocketed in popularity recently and this trend shows no signs of slowing. Given all the talk around these digital assets, you might be wondering whether now is the time to invest. But before pulling the trigger, it’s always a good idea to have an understanding of the underlying asset. Cryptocurrency is no exception and it is quite different than investing in stocks or bonds. Find Out: Where Does Cryptocurrency Come From? Binance Coin (BNB): Why It’s So Interesting to the Cryptocurrency World Therefore, we will cover a popular blockchain technology called Ethereum (ETH). Like many blockchains, Ethereum has…

Binance Coin: What It Is and Why It’s Important in the Crypto World

If you’ve taken an interest in the cryptocurrency market, you may have heard of BNB, also called Binance Coin. While not as large as more mainstream cryptocurrencies like Bitcoin and Ethereum, Binance Coin has received a lot of interest from investors due to its utility on the crypto exchange Binance. But is Binance a good coin to buy? What exactly is it, and how does it work? See: 3 Things You Must Do When Your Savings Reach $50,000 What Is Binance Coin Used For? If you’re looking to invest in cryptocurrency, you will not be able to buy it on the stock market…

Dogecoin’s Highs and Lows: Is It Still Worth an Investment?

If you’re bored with index funds and you’re ready to roll the dice on one of those sexy and mysterious new alternative investments, you have plenty of options. One of those options involves a Japanese dog, Elon Musk and what appears to be fake money from a toy cash register.  Read More: What Is the Next Big Cryptocurrency To Explode in 2021? See: How Does Cryptocurrency Work – and Is It Safe? That’s Dogecoin (DOGE), and it’s here to rescue anyone who couldn’t bear to wait one second longer for the latest next-big-thing cryptocurrency that promises to out-Bitcoin Bitcoin. What Is…

Revenue vs. Profit: Do You Understand the Difference?

It’s not uncommon to hear the words “revenue” and “profit” used interchangeably, but they’re not the same thing. Whether you want to buy a hot stock, open your own business, or just sound like you know what you’re talking about at your next dinner party, now is the time to learn one from the other. The Economy and Your Money: All You Need To Know Find Out: Understanding the Differences Between Inflation, Deflation & Stagflation Revenue is What You Make, Profit is What You Keep Both revenue and profit deal with the money that a business earns. But companies can — and…

What Do Credit Reporting Agencies Do — And What’s It Mean for Your Money?

The United States has three major credit reporting agencies: Equifax, Experian and TransUnion. Important: All You Need To Know About the Economy Follow Along: 31 Days of Living Richer “They are for-profit companies that are not affiliated with the government and collect data about your credit behavior, along with the credit behaviors of more than 200 million other Americans,” said John Davis, founder of ScoreSense. “The information they gather is used to produce credit reports, which they sell to businesses.” Read More: What Does the Fed Do, Anyway? But the credit bureaus don’t act on their own. “The Federal Trade Commission (FTC) and…

Warren Buffett: 10 Saving and Investing Tips for Retirees

Warren Buffett is one of the most famous and popular investors of all time. The billionaire CEO of Berkshire Hathaway is as well-known for his homespun wit as his long-term investment success, along with his willingness to share his opinions on all things financial. I’m a Financial Advisor: 10 Most Awesome Things You Can Do for Your Finances in 2024Grant Cardone: What To Do If You Don’t Have Money Dubbed the “Oracle of Omaha,” his annual remarks at the Berkshire Hathaway annual meeting in his hometown draw tens of thousands of in-person attendees, in addition to a worldwide audience of…

All the States That Don’t Tax Retirement Distributions

The transition to retirement — going from a steady paycheck to living on a fixed income — can be difficult to navigate. In addition, with inflation and soaring rates, many Americans have been struggling to keep the pace with their retirement savings, while some have halted them altogether. Want To Retire Abroad? Top Cheap and Popular Places To Consider in AsiaExplore: 3 Ways To Recession-Proof Your Retirement Against this backdrop, one factor that can help is which state you live in, as this will affect how much of your retirement distributions you will keep. Indeed, as FINRA explains, you must…

14 Astonishing Reasons Many Americans Aren’t Ready To Retire

Many Americans have let saving for retirement drop to the bottom of their priority lists. While the exact figures vary, most surveys indicate that around half of all Americans have less than $5,000 in savings. Next: 10 States To Avoid If You’re Living on Just a Social Security CheckPlan Ahead: 3 Ways To Recession-Proof Your Retirement There are a lot of reasons that people are unable or unwilling to sock away retirement fund, and many of them completely understandable. Unfortunately, the harsh reality is that you won’t be able to retire with confidence unless you start planning today.

What Are the 3 Major Credit Bureaus and How Do They Work?

Three major U.S. credit bureaus make decisions about your credit that can cost — or save — you tens of thousands of dollars. Whether you want to improve your credit, apply for a loan, receive the best interest rates from a lender or even rent an apartment, you need to understand how these credit bureaus work. The three major credit bureaus are Experian, TransUnion and Equifax. See: 3 Signs You’re Serious About Raising Your Credit Score Understand how credit reporting bureaus work so you can get a handle on how your credit score is figured and how it’s shared. Review these eight…

How Will the Federal Interest Rate Hike Affect Your Credit Card Payments?

This week’s move by the Federal Reserve to hike interest rates by another 25 basis points means credit card customers can expect to see their card rates rise as well. See: Fed Rate Hike Smallest Since March 2022: Inflation Eases but Remains ElevatedRead: Get Your Credit Score on Track With These 3 Tips for SuccessFind: Here’s How Much Americans Have in Their Savings Accounts in 2023 The good news is, the latest Fed hike is more modest than the half-point increases the central bank approved for much of 2022 in its effort to tame inflation. With inflation easing, the expectation…

20 Investments That Are Recession-Proof

Investing Money for Beginners

Investing seems like a big commitment that requires a lot of money and knowledge, right? Wrong. Investment is more accessible now than ever with investment apps like Acorns, Ally and more. But how do you get started? Read More: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy First, you need to know what each account is and how it works. Each investment type has a different financial entry point, risk level and associated fees. Once you’re familiar with each, you have to assess your risk tolerance and capacity. That seems like…

Experts: 4 Safest Places To Keep Your Investments

All investing involves some level of risk. In exchange for that risk, investments offer you the potential for a reward. Generally speaking, the higher the risk an investment carries, the higher the potential return you may earn, if things move in your favor. But there are different meanings of “risk” and “safety” when it comes to investments. Check Out: In 5 Years, These 2 Stocks Will Be More Valuable Than Apple Read Next: 4 Genius Things All Wealthy People Do With Their Money For example, you can keep your life savings with a large, traditional bank and it will be…