Money Matters. Learn how to make, save, protect, invest and enrich your money and make the most of your financial life.
“Can I write a check to myself?” Yes, people do it all the time. It’s almost as easy as sending money to someone else. You can write yourself checks to move money between accounts, cash out, and even get “free” money. Here’s how. How Can I Write a Check to Myself This process isn’t different from writing any other check: Fill out the fields with the amount you want to send Write the payee (same name as the sender) (Optional) …
They say nothing good comes free, or does it? In this guide, you’ll learn how to pay for college with no money. Some programs even pay for your living costs, and you don’t need to be a 4-GPA student to take advantage.
What is it like to be debt-free? Maybe you’ve been borrowing for so long. You don’t remember what it’s like earning money for yourself. To buy what you want, rather than what others tell you to pay for. How would it feel like waking up and not worry about money? Believe it or not, that reality may not be that far away. But is it worth it? You might have a dozen other questions in your head: The only way to …
How to use an ATM machine? It may sound like child’s play unless you never used one. Either way, these machines are straightforward: insert your card, withdraw cash, and leave. Without ever using one, you can figure out how to do it on the spot. The problem is, this lack of experience can cost you money (all your account). Here’s what you need to know, whether it’s your local bank, a foreign branch, or a Bitcoin ATM. How To Use …
A value-weighted index distributes proportionally to the market cap of each company. The larger the capitalization, the more influence it has on the portfolio.
Ever thought of video games as a waste of time? It turns out they can make you big money. Whether you play, stream, or develop them, there’s a ton of money put into gaming. Who knows? Most things you do for fun could be tasks that other people pay for. While you’re reading this, these people are making money: All these ideas may sound too good to be true for a beginner. So how does someone with no experience can live …
What’s a voided check? It may sound contradictory. Checks are documents that order banks to process payments, while the word “void” cancels those orders. Even though you can’t send money with a voided check, they still share useful financial information. People often use them to set up electronic payments. How To Use Voided Checks For example, you can send a voided check to a company so that they know where to make the deposit. Or maybe a business requires your …
If you follow the crypto news, you may have heard of these crazy NFT projects. Digital assets are rising in value to the point where people will pay almost anything. Some buy it for the art, others for collecting, and many as a way to make quick cash. Every day, people earning thousands flipping these assets, but do they hold any value? NFTs: Scam Or Real Deal? When you first hear about NFTs, it’s normal to think of them as …
Cryptocurrencies bring a lot of opportunity for investors, and it couldn’t be more true for scammers. In fact, it’s become their favorite space, so expect to hear about them. They’re everywhere at all times, so it’s a matter of time you encounter one. But are you ready to protect your money? Someone right now could be promoting a Bitcoin pyramid scheme. People are sending them money that they won’t see ever again. Maybe a hacker is planning an exchange attack. …
Right now, there’s probably a cryptocurrency project that’s about to skyrocket in price. The question is, are you willing to put time to find it?
If so, you’re in the right place. The following method will improve your research skills, so you can find those coins before they 100x.
Have you ever wondered why it’s so hard to understand the crypto markets? Even if you research the latest news, things can play out the opposite way. Maybe the prediction was right, but the timing wasn’t. Maybe you sold before a coin skyrocketed or bought at a peak price. The question is: are you doing your research, or are you following someone else’s predictions? Because in these markets, there are many incentives in deceiving investors and spreading fake news. Why …
Almost every day, there are cases of people who got rich investing in crypto. Sadly, there are just as many stories about people who lost it all. Maybe not because of investment decisions, but because they didn’t protect their money correctly. You’d be surprised to know how often this happens: a. You lose the crypto wallet recovery phrase, or you delete the 2FA code by mistake. Now you can’t access your funds anymore b. You’ve been investing for months. Now …
Imagine where you would be today if someone invested in you as a child. Maybe you’d have more money, a better career, and more skills. How easy would it then be? Whether it happened to you or not, you now have the chance to do so with your kids. So that they never have to face the same difficulties again. When parenting, we tend to overlook money matters. It’s common to underestimate what it costs to raise children and how …
New investors have it better than ever. For a tiny fee, the best funds will manage your money for the maximum profit. And we’re talking about professionals with trading equipment who invest for a living. Too good to be true? Maybe. When you trust your money to a mutual fund manager, you expect to get a return. Even if they’ve overperformed the market for years, it may not always be that way. You might sometimes earn nothing. But don’t worry. …
Is it illegal to mail cash? No, it’s just as legal as sending money online. You can mail checks and money orders the same way. Then why do we believe it’s illegal? It’s all about how much cash you send. Sending a few hundred is easy. But if you send tens of thousands of dollars, you risk losing that money. Not necessarily stolen, but confiscated, even if it’s 100% legal. Why? Why It Looks Illegal To Mail Cash We’re slowly …
Over the years, many of us accumulate “junk” items we no longer use. But as the old saying goes: One Man’s Trash Is Another Man’s Treasure. No wonder why you can find almost anything in a local garage sale. When was the last time you went to one? Did you buy everything simply because it was underpriced? Unless you’re trying to flip trash into cash, probably not. And most people who visit these “shops” only buy what they need. So …
What is the difference between finance and accounting? If you study both careers, you’ll find that one has nothing to do with the other. They’re closely connected, but they follow different objectives and means. But what does this difference have to do with you? Well, if you want to make more money, you’re going to need both. But which one should you pick first? Whether you hire an analyst or do everything yourself, this decision is the difference between losing …
It’s not just you. The cost of living has actually increased. What could $50,000 buy you ten years ago? What about today? You probably earned less back then, and still, that money seemed to have more “value” than it has today. Our income generally increases along with the cost of living. But it no longer looks proportional. How did life become so expensive? Should we just blame inflation? Or is there more to it? Why Is Everything So Expensive? If …
What is a silent partner, and should you get one? Traditionally, a partner is someone who will share the risk and responsibilities of a company. You sign an agreement that specifies your role and profit percentage. As for why people seek business partners in the first place, the reasons are many. By far the most popular is: “I have a great idea but I don’t have enough money. Banks don’t lend and I can’t find investors. So I need a …
Almost our whole life, we worry about how to make enough money. We wish we could make more money so that, well, we can make more of it. And when we’re too focused on earning for the future, we tend to forget why we’re earning in the first place: Freedom. Freedom to use it however you want without second thoughts. And that’s what slush funds are about. What Is A Slush Fund? Slush funds have slightly different meanings depending on …