Finance Globe Blog

U.S. financial and economic topics from several finance writers.

How do you Know When it’s a Good Time to Purchase a House?

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A home purchase is a huge decision. There is a lot to factor in, and it may end up being the biggest financial purchase you make in your life. Below are a few indications that would let you know you might be ready to buy a home. 20% in Savings : Many people/websites have different opinions on this, but I recommend having at least 20% of your home purchase in savings you can use as...
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Tips and Tricks to Organize your Personal Finances

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Most people do not want to organize their personal finances, but it is very important to do so. This helps you stay on top of your finances and it helps save you from disaster. It also can help your sense of well-being and provides you the information to make good financial decisions. Below are some tips and tricks to help simplify and organize your personal finances. Put together a budget and review it at least...
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Frank
A new one I have recently added: Find a personal finance partner to work this. I meet once a week to discuss personal finance topi... Read More
Thursday, 30 August 2018 09:10
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Tips for Opening a Savings Account With a Small Amount of Money

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Building a savings habit is one of the best things you can do for your financial health. Don’t put off saving money because you think you don’t have enough. The key is to look for a savings account with no minimum balance requirement. This way you can open your savings account, even if you’re not ready to put anything in it yet, and deposit money as you can afford to. Look for an Online Bank...
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Frank
Most online banks have a very minimal or no minimum. So you have no excuse!!
Wednesday, 29 August 2018 17:19
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Tips and Tricks to Start a Side Hustle

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“Side hustles” are all the rage now and many people are starting them to make extra cash. This is in addition to their full-time jobs, and while there is plenty of opportunity out there for people to start one, many are not because they feel it is too difficult to start one. Below are some tips and tricks to help make sure you can get your side hustle off the ground. I can promise you,...
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Frank
Has anyone started a side hustle this year? positive/negative experiences?
Wednesday, 29 August 2018 17:11
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5 Things to Look for In a Stock Trading App

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In the past, trading stocks would have required you to meet with a stock broker who would make the trade on your behalf. In exchange for making the trade, the stock broker would charge a fee and even require a minimum investment in the five or six figures. Smartphones and the fintech evolution have made stock investing much easier, faster, and far less expensive. With stock trading apps, you can start with a minimal investment,...
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Frank
I am curious, what portion of people actually use a stock trading app? I only use desktop, but curious if I am an outlier.
Wednesday, 29 August 2018 17:09
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What is an ETF

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As many of you are likely already aware, many individuals and companies are investing into exchange-traded funds or what are commonly called ETFs. This have almost become the new normal to investing, but I propose the question of if people actually know what exchange traded funds are. Below is a high level summary and feel free to post any follow up questions. Exchange traded funds or ETFs are not all that different from regular mutual...
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What is Ethereum?

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Over the last few months, I have written a few articles on various topics of cryptocurrency. Given the increased demand around cryptocurrency, I wanted to continue these brief articles and wanted to discuss what Ethereum is. Below is a high-level summary of what Ethereum is. Please feel free to post any follow up questions in the comment section below. Ethereum is an open software platform based on blockchain technology that enables developers to build and...
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Cryptocurrency Exchanges

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Over the last few months, I have written a few articles on various topics of cryptocurrency. Given the increased demand around cryptocurrency, I wanted to continue these brief articles and wanted to discuss what cryptocurrency exchanges are. Below is a high-level summary of what cryptocurrency exchanges is. Please feel free to post any follow up questions in the comment section below. A cryptocurrency exchange is a platform where you can exchange one cryptocurrency for another...
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What is BlockChain?

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Last month, I wrote an article on what Cryptocurrency is . Given the increased demand around Cryptocurrency, I wanted to write a brief overview of the technology behind Cryptocurrency, which is blockchain. Below is a high-level summary of what Blockchain is. Please feel free to post any follow up questions in the comment section below. As previously discussed in the Cryptocurrency article, in the language of cryptocurrency, a block is a record of new transactions...
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What is a Health Savings Account (HSA) and What are the Benefits?

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The landscape of healthcare and healthcare costs are dramatically changing. Many companies are now offering high coverage plans and many are pushing high deductible plans to its employees to help keep costs down and put the “cost ownership” in the individual’s hands. Therefore, Health Savings Accounts or HSA, are becoming very popular. However, many people do not know exactly what they are and what kind of benefits come with Health Savings Accounts. Below is a...
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