In the article, we will fundamentally break down how banks make money. Banks earn their money by lending the money you deposit to other people. For example, if you deposit $1,000, a Big Bank pays you a small amount in interest to hold on to that money, then turns around and lends it out at […]
In this article we’re going to cover how many savings accounts you can have. On paper it seems like a good idea to have multiple accounts, especially ones with higher rates. However, it’s usually a waste of time to be chasing the next highest savings percent rate. Multiple Savings Accounts There’s no limit to how […]
In this article, we will cover bank fees, why you get them, how to avoid them, & how to negotiate them. It’s important to know how to properly optimize your accounts or you’ll end up paying fees & bank charges that can easily be avoided. One of the biggest secrets to avoiding fees and properly […]
In this article we’re going to cover the types of bank accounts, which ones you should have, and what each one can do for you. The two main types of bank accounts are your checking and savings accounts. These two are the main types and are essential to a healthy financial life. It’s important to […]
Andrey_Popov / Shutterstock.com In this era of the Great Resignation, it might come as a shock that some people actually like their jobs — or at least, the pay that goes with them. Recently, LinkedIn surveyed more than 32,000 professionals in the U.S. as part of the company’s Workforce Confidence Index. Participants were asked to […]
Aaron Freeman / Money Talks News Don’t you wish you could go back in time and be one of the first to invest in the internet? You’d make a killing. Well, you can’t go back and invest in Web 1.0: That was just static webpages — read-only. And you can’t go back and invest in […]
New Africa / Shutterstock.com Editor’s Note: This story originally appeared on Construction Coverage. The construction industry in the U.S. has no shortage of demand these days. The intense real estate market of the last two-plus years highlighted the shortage of housing stock in the United States. Construction companies have been trying to catch up: earlier […]
Dmytro Zinkevych / Shutterstock.com How much money will be in your Social Security retirement check and how much can you keep? For retirees, these are burning questions. Even retirees who continue to work may count heavily on this long-anticipated monthly benefit. Here we take a look at the deciding factors behind the size of your […]
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Monkey Business Images / Shutterstock.com Editor’s Note: This story originally appeared on BackgroundChecks.org. Small businesses are a major engine of growth in the U.S. economy, and women are playing an increasingly large role in the country’s entrepreneurial ecosystem. According to recent data from the U.S. Census Bureau, women-owned firms now represent more than 1 in […]