As Federal Interest rates rise, you may be able to get almost 5x more interest payments for keeping your savings in T-bills as opposed to your bank’s savings account. Even when compared to CDs from other high-yield savings accounts, T-bills will offer slightly higher interest rates and the benefit of not having to pay state taxes on the interest earned.
Saving money doesn’t have to be a drag. In fact, it can be fun and rewarding! Done correctly, you may not even realize you’ve cut back on things. In this post, I’m going to talk about how to save money while not feeling like a scrooge and not feeling like you are limiting yourself.
How much more will you spend if you move from the Mid-West to Northern California’s Bay area? In this post, I’ll explore how our expenses changed.
With the ever-increasing price of gasoline and the greater availability of electric vehicles, you might be asking, “should I buy an electric car over a gas car”
The recent discussion on student loan debt forgiveness got me thinking about what we can do to make sure the youth of the future, regardless of economic background, can thrive in a future where everything is getting more and more expensive and competition between people and countries is ramping up.
In this article I will discuss a personal take on living a fulfilling life. I’m still on this journey so I’m not claiming to have everything figured out, but the frameworks I’ve adopted have helped me thus far .
When we need to buy something and don’t have enough cash to buy it outright, we have to borrow money from a bank or a lender. We then have to pay the money we borrowed back, plus an extra amount called “interest.” As interest rates rise, here are some things you should know.
I am of the opinion that a universal basic income (UBI) in the United States can give Americans the opportunity and flexibility to make pivots in their career and lives. The opportunity that UBI can provide was apparent after watching Season 12 of the “Great British Bakeoff”, which aired in 2021, almost 1-year into the Covid-19 pandemic lockdowns.
Our economic situation today is almost identical to that of the inflation period of the 1970s. The government printed too much money, there was an oil crisis, inflation grew to double digits, the Federal Reserve had no choice but to raise interest rates to calm down inflation, and stock prices dropped. Lessons from that time period can give us a glimpse of what may happen next and what we can do to react.
In the 1930’s we had the automotive and mechanical revolution. Cars were the latest technology and names like Ford and Chrystler were leading the revolution. From the 1980s to the present day we experienced the computer and digital revolution. Apple and Microsoft came to dominate the market of personalized computers. Internet giants such as Amazon, Facebook, and Google were born and revolutionized the internet.
Unless you are uber-wealthy and never need to borrow money, you will eventually need to build your credit. This post will give you an overview of what a credit score is and how you can build and maintain a good credit score.
As mortgage interest rates rise you may wonder if it’s better to pay your loan off faster by making extra principal payments. In this post, we’re going to answer this very question.