On October 28, Mark Zuckerberg, the CEO of Facebook, announced the rebranding of Facebook to Meta. This new nebulous concept gave rise to speculations, reviews, and public discussion about what it is, what it will offer, who will benefit, and the targeted audience. Some argued it to be a new variant of the internet, while…
According to the Consumer Price Index, the annual inflation rate as of January 2022 was 7.5%. Everyday items like groceries, gas, electricity, and clothing cost more and more. With the average employee raise of 2-3%, consumers pay more for less. However, that doesn’t mean you have to spend more than is required. A new wave…
Do you want to increase your wealth and achieve financial independence? If so, you need to start building multiple streams of income. Diversification, or utilizing more than one of the seven income streams at a time, is one of the best ways to strengthen your net wealth over time. Each income stream has its advantages…
Planning a vacation or trip can be a fun anticipatory experience. Planning the transportation for the trip can take the wind out of your sails, though. Maybe you are trying to decide between getting a cheap rental car and picking something a bit more fun. Usually, when looking back on vacation, you remember the experiences,…
Credit scores can have a profound impact on our finances. For example, a good credit score could mean better terms on your loan. It could also be the difference between being approved or denied for a loan in the first place. When we talk about credit scores, there are typically two significant players, FICO and…
Saving and working hard will not generate wealth. You have to put your money to work. Cutting expenses to keep money stored away in your savings account will cost you more in the long run. The best place to put extra cash is in income-generating assets. These assets build value and produce income. Investing your…
Has your grocery store bill increased lately? Prices keep rising in stores across the United States. According to the Consumer Price Index, food at home costs increased by 6.5% last year. The most significant category increases included meats, poultry, fish, and eggs. These increases have significantly impacted the average household grocery budget and meal planning…
Cryptocurrencies like Bitcoin, Ethereum, LINK, PAX Gold aren’t going anywhere despite the recent downturn in prices. Investors looking to maximize their returns may consider loaning their unused assets to make extra money while holding the asset for the long run. BlockFI is one of the first crypto-lending platforms on the market. Check out this BlockFI…
Cryptocurrency prices are in the doldrums, but that’s not stopping some high-profile athletes from taking their pay in bitcoin (BTC). While digital assets like bitcoin have gained a reputation for trading in an uncorrelated way to the S&P 500 index, they’ve been unable to escape the risk-off mood among stock market investors. The bitcoin price…
Whether you realize it or not, the phrase “scared money don’t make money” impacts your thoughts, feelings, and behaviors with money. When it comes down to it, “scared money don’t make money” represents the difference between an abundance and scarcity mindset — two opposing mentalities that influence how we think and act with money. So,…
If you’re an owner of an exchange-traded fund (ETF) or index fund, chances are they are from either Vanguard or Blackrock. These two companies are the powerhouses in the industry. Vanguard has $7.9 trillion in assets under management, and Blackrock has $9.5 trillion. This post will take an in-depth look at Vanguard vs. Blackrock funds…
On Sunday, Feb. 13, tens of millions of people will tune in to watch the Cincinnati Bengals take on the LA Rams in NFL 2022 Super Bowl LVI at 6:30 p.m. EST. Aside from the Joe Burrow and Matthew Stafford matchup, commercials are a bright spot. This year, the top price for one 30-second spot…