Personal Finance Archive

Pay Down Debt For Guaranteed ROI

Pay Down Debt For Guaranteed ROI

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...

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Top 5 Savings Accounts/No Penalty CD Rates (September 2020)

Top 5 Savings Accounts/No Penalty CD Rates (September 2020)

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...

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Make Your Credit Card Work For You

Make Your Credit Card Work For You

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...

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Top 5 Rewards Credit Cards (September 2020)

Top 5 Rewards Credit Cards (September 2020)

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,...

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Get Rid of Credit Card Debt and Boost Your Credit Score

Get Rid of Credit Card Debt and Boost Your Credit Score

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...

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The Difference Between Unproductive and Productive Debt

The Difference Between Unproductive and Productive Debt

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...

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6 Factors To Consider When Buying a Home in 2020

6 Factors To Consider When Buying a Home in 2020

Personal Finance SHOULD I BUY A HOME? Buying a home is a highly emotional decision that goes far beyond a typical investment. Really, housing is not an investment. Your home is where you live and everyone needs shelter. But, there is a few ways to think through it if...

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7 Ways to Financially Prepare For the COVID19 Recession

7 Ways to Financially Prepare For the COVID19 Recession

Personal Finance If you haven't already buckled down for this recession, it's not too late to start. We live in a tale of two worlds where ~32.1m now jobless Americans are receiving very significant government stimulus along with businesses in a number of ways. So,...

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