Even self-proclaimed Luddites moved a large portion of their daily lives online twelve months after the coronavirus pandemic first struck the United States. Managers who had no intention of conducting meetings remotely perfected the skill of projecting professionalism on Zoom from the waist up. College professors mastered the virtual classroom. And parents with busy schedules…
It’s been a wild ride lately on the stock market, with indexes going up and down seemingly at will. The U.S. stock market closed out May essentially unchanged from where it started, a feat made possible only due to a strong month-end surge. As we roll out of June, the main U.S. stock indexes have…
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?…
We all know that life today is fast-paced. It’s hard to save money when you’re constantly on the go. Between work, social obligations, and trying to save some money, it feels like there’s never enough money to go around. Many people find it difficult to save money. According to recent surveys, 40% of Americans do…
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…