A Beginner’s Guide to Choosing Your First Credit Card

The economic recession caused by COVID-19 has made lenders more conservative in approving lines of credit. This means if your credit score isn’t good, it will be more difficult for you to get approved for a credit card right now.  “It’s so much harder to get a new credit card or other type of loan now … Continue reading A Beginner’s Guide to Choosing Your First Credit Card

As Interest Rates Plummet, Here’s How Savers Can Stay Above Water

If there’s one thing personal finance experts can agree on, it’s the benefit of a high-yield savings account. They’re easy to open online with no fees, and can help grow your savings through interest earnings. But circumstances are different this year. In just a few months, following the coronavirus pandemic and ensuing recession, high-yield savings account … Continue reading As Interest Rates Plummet, Here’s How Savers Can Stay Above Water

Why Parents Should Start Small When Teaching Their Kids About Saving

Editorial independence We want to help you make more informed decisions. Some links on our site — clearly marked — will take you to a partner website and may result in us earning a referral commission.  The number of U.S. states requiring personal finance to be taught in school is rising, but kids in the majority of … Continue reading Why Parents Should Start Small When Teaching Their Kids About Saving

Understanding The Yield Curve: A Prescient Economic Predictor

The yield curve is a curve on a graph in which the yield of fixed-interest securities is plotted against the length of time they have to run to maturity. A yield curve is almost always upward sloping, a sign that the economy is functioning properly. To best understand the yield curve, put yourself in the … Continue reading Understanding The Yield Curve: A Prescient Economic Predictor