Since the pandemic, every day investors have been investing in the stock market more than ever before. Often times, these investors are gambling more than they are investing. For example, many investors are currently purchasing Tesla shares at a valuation equivalent...
Since 2008, savings account and Certificate of Deposit (CD) interest rates have been exceptionally low. At peak, in mid 2019, you could find certain online banks offering savings and CD interest rates up to 3%. However, since the pandemic started, savings interest...
It’s easy to find yourself in debt nowadays, especially credit card debt. With low interest rates, governments are literally trying to stimulate the economy by stuffing debt down our throats. This way, they can hopefully keep the economy growing long term. But, there...
We’re all about making money from our money, even from credit card rewards. When you pay your credit card balance in full every month, credit cards are a nice way to generate rewards. Normally, we maximize our points with travel rewards. However, given the pandemic,...
Credit card debt is not your friend. According to the most recent data from the Survey of Consumer Finances by the Federal Reserve, the average approximate credit card debt of US households is $5,700. In addition, As of August 26th, 2020, the average credit card...
Debt is a confusing topic for most people. Some of us want to have no debt. Some of us are knee deep in debt. In reality, everyone should consider the difference between productive and unproductive debts. Productive debt can often be used towards achieving financial...