Disasters and accidents can and do occur. You may experience severe financial difficulties and setbacks if you don’t have plenty of cash on hand to deal with them. One approach to safeguard your home and the ability to have a roof over your head in case things go wrong is through homeowners insurance. Homeowners insurance…
The U.S. Treasury Series I Savings Bonds are one of the best techniques to assist one guard against inflation. They are 30-year securities with an interest rate changed every six months. The rate is a blend of a set rate decided by the Treasury Secretary and an inflation calculation over six months. The inflation estimate…
It’s been a heck of a ride, partly due to the pandemic-accelerated transition towards so much online banking and shopping. This is a new reality, and it’s one in which fintech will continue to play an outsize role. Right before Covid arrived in the country, the average market capitalization of America’s ten largest fintech companies…
When it comes to savings accounts, you want to ensure you get the most bang for your buck. That’s why a high-yield account is the way to go! A high-yield account provides a higher annual percentage interest than all savings accounts. Compound interest, which allows you to earn interest on interest, helps high-yield savings increase…
You may already know that saving money in a savings account entitles you to interest. However, with a national average annual percentage yield (APY) for basic savings accounts of just 0.06 percent, you may be asking if such a meager return is worthwhile. Savings account interest rates have decreased to almost half of what they…
Veterinary care can be costly. And if you’ve ever taken an ill or injured pet to the vet, you know those vet bills can add up very quickly. Having a financial safety net to fall back on might be beneficial in these circumstances. In such situations, you shouldn’t have to choose between your family’s financial…
Life insurance can help you bolster your financial plans and offer financial protection to your loved ones. It protects the family’s financial future in the event breadwinner passes away. The insurance covers several expenses like education fees, basic needs, loss of income, and even funeral expenses when the policyholder dies. What is a Life Insurance?…
During periods of surging inflation, prices of all commodities go up and cause money to lose value. The currency depreciates because consumers now need more money to buy the same bundles of goods as before. Mild, stable, and consistent inflation is beneficial to the economy as it maintains price stability and maximum employment. An annual…
In a bid to tame the runaway inflation that has seen Americans slammed with double-point percentage increases in prices of essential commodities, the Federal Reserve has taken more aggressive and drastic measures by announcing an interest hike of 75 basis points (bps). The hike is the third this year and comes after a period of…
There are various factors to consider when it comes to finding top auto insurance companies. The largest businesses insure a significant number of policies, but they differ in terms of pricing, service quality, and various other factors. The top auto insurance companies provide their customers with more than just the coverage they require at a…