Tag: Basics

How to Pick the Right Bank for You

How to Pick the Right Bank for You

Banking is a concept that has been around since the invention of currency and trading. People don’t want to hold onto their own money when it’s convenient to store it in a central location. Now, banks offer a wide range of products and services beyond 

Options Basics – Calls and Puts Explained

Options Basics – Calls and Puts Explained

Options aka financial derivatives can be really difficult to understand, and even harder to make money off of. This post is going to attempt to make sense of some options basics.  

3 Ways to Get A Credit Card With No Credit

3 Ways to Get A Credit Card With No Credit

This topic actually came to me in a conversation with my mom. She was worried that my younger brother (22) has no credit and no foreseeable need in the direct future. I suspect this is a problem that a lot of young people have. After 

Bear or Bull? What do These Market Terms Mean?

Bear or Bull? What do These Market Terms Mean?

Bear vs. Bull, what are they? “Bear” and “Bull” are used to describe market trends. You will often hear the term “bear-market” or “bull-market”. They are used to describe how the market is moving-up or down. These market terms really describe how investors are feeling 

When to Move Money to Savings

When to Move Money to Savings

How do you know when to move money to savings?   How do you know what balances to keep in you’re checking account? When I first started out budgeting and working on my own personal finance journey, I googled these questions as well. I was 

7 Ways to Save Money, Without Cutting Your Daily Latte

7 Ways to Save Money, Without Cutting Your Daily Latte

Too often I see budgeting or personal finance advice along the lines of cutting your daily coffee or treat from the vending machine every day. In reality, there are much more efficient ways to save money that don’t force you to cut out the little 

Credit Cards vs. Cash: The Two Budgeting Camps

Credit Cards vs. Cash: The Two Budgeting Camps

If I had a dollar for every time I heard something along the lines of “millennials never carry cash” I’d have a bunch of cash I wouldn’t want to carry.

Employer-Matched Retirement Plan

Employer-Matched Retirement Plan

Step 2 of my personal finance road map is to contribute to an employer-matched retirement plan (step 1 was to create a budget). Let’s cover this in a few Q&As:

Managing Your personal Finance: Step By Step

Managing Your personal Finance: Step By Step

How to get started saving and managing your  personal finance, a step-by-step flow chart: All of these topics have more in-depth posts, this is just a big picture overview.