How Do People Become Filthy Rich?

Wouldn’t you love to wake up one day and find out some great uncle you visited a handful of times has left you millions in his will? Way to become an instant millionaire! We come across such stories in the…
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5 Things Your Bank Keeps Secret from You

It is the job of bank officials to appear pleasant and courteous and answer all our questions. They are trained to convince existing clients to invest in certain ventures, and coax potential customers to open accounts. However, there are some…
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Top 5 Alternatives to Buying Stocks

While seeking financial advice, most advisors would tell you to invest in stocks or mutual funds. Their job is to guide you through the process and build up a portfolio so you can slowly increase your presence in the stock…
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Differences Between A Money Market And Savings Account

When you want to save money, you have a quite a few options to choose from. You can either open a savings account at your local bank or credit union or opt to open a money market account. If you’re…
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Top Financial Advice Sites

Hiring a financial advisor can be expensive, and not everyone has time to read personal finance books. Here are a few top financial advice sites that can help you gain financial advice for free: Investopedia: The most notable part of…
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How Does Online Banking Work

Physical brick and mortar banks seem to be a ghost town these days. Can you remember when the last time you went to your local bank branch was? In today’s age, almost everyone manages his or her bank account from…
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What Exactly Is The Dow Jones Industrial Average

In a way, The Dow Jones Industrial Average is a stock index, which combines a group of stocks from 30 different companies as per the set parameters. Some of the companies included are Coca Cola, Microsoft, Intel, IBM, Walmart, McDonald’s…
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Why you need a credit report?

What Does Your Credit Report Mean? Your credit report contains a summary of your credit history, including your name, address, social security number, loans, credit cards, amount of money owed, and if you make your bill payments late or on…
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What Is An Index Fund?

Index funds are types of mutual funds that require minimal management, probably because they do not trade actively or try to pick investments as per the performance. Instead, index funds own all the bonds or stocks that fit the index…
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How Do Prepaid Credit Cards Work

A credit card has become a necessity these days. Whether it is a hotel reservation, car rental, airline booking or even paying bill at a restaurant, people prefer using it to make payments instead of by cash. But what if…
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