Finance Globe Blog

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

Cryptocurrency Exchanges

crypto-currency
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...
Continue reading
  72 Hits
  0 Comments
72 Hits
0 Comments

What is BlockChain?

blockchain
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...
Continue reading
  165 Hits
  0 Comments
165 Hits
0 Comments

What is a Health Savings Account (HSA) and What are the Benefits?

hsa-health-savings-account
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...
Continue reading
  94 Hits
  0 Comments
94 Hits
0 Comments

What is Cryptocurrency?

crypto-currency
No matter where you turn to on the internet, you see articles and articles on Cryptocurrency. Even friends and family are likely pushing you to “invest” in cryptocurrency. However, given the incredibly fast rise of cryptocurrency, do many people even know what cryptocurrency really is? I decided to try to summarize what cryptocurrency is and offer you some additional high level details. What is Cryptocurrency? A cryptocurrency is a digital / virtual currency designed to...
Continue reading
  397 Hits
  2 Comments
Recent Comments
Wanderer
Really appreciate your offering all this information in one place. For me it has been so scattered I could not understand. At leas... Read More
Wednesday, 28 February 2018 18:47
latoyairby
This is a great comprehensive introduction.
Wednesday, 28 February 2018 18:54
397 Hits
2 Comments

Top Tips for Funding an Emergency Account

emergency-fund1
Do you have an emergency account? Have you come to realize that you need to start one as soon as possible? Are you concerned about finding enough money to fund the account? There’s no better feeling than having a fully funded emergency account. With this in place, you know exactly where you’ll turn if you need cash in a hurry. Unfortunately, some people find it challenging to find enough leftover money every month to fund...
Continue reading
  384 Hits
  1 Comment
Recent comment in this post
Frank
I advise people to save 1-6 months of your normal expenses for an emergency fund.
Monday, 26 February 2018 15:33
384 Hits
1 Comment

Why Your 401k Is Important

retirement-status-application
Paying off your loans is very important for a young individual. But saving for retirement is also very important. 401ks are a very important part of your retirement. Retirement savings is critical for every person and are critical for young investors. Delaying your retirement options, especially investing in your 401K can be detrimental to your life savings. The earlier you start, the better off you are likely to be. Below are a few advantages to...
Continue reading
  354 Hits
  1 Comment
Recent comment in this post
Frank
I hope everyone that is employed had a 401K. Has anyone started one this year?
Friday, 23 February 2018 14:30
354 Hits
1 Comment

Financial Tips for Newlyweds

newlyweds1
It is a great feeling to get married! When you say I do, you are very much in love, and aren't necessarily thinking about money or finances. But when you get married, you aren't just tying the emotional knot, but a financial knot as well. That financial knot will have to keep you strong throughout your lives so you can have prosperous lives. It is important to set money expectations from the start and to...
Continue reading
  273 Hits
  0 Comments
273 Hits
0 Comments

How to Start Investing on a Small Budget

stock-market-board
More than a few of the world’s richest people earned their fortunes by investing in the stock market. Many people never dip their toes into the stock market because they think they need a lot of money to get started. Not true. You can start investing with just a small amount of money. Even a hundred bucks can get you in the door and potentially get you some nice returns. Check your budget to determine how...
Continue reading
  559 Hits
  2 Comments
Recent Comments
Finance Globe
Hindsight says that investing in stocks would have paid off very well, especially over that last 9 years as well as other booms in... Read More
Friday, 24 November 2017 13:27
Frank
There are also Apps out there now that lets you invest in % of stocks so if you have a low $ amount, this will help you begin inve... Read More
Friday, 23 February 2018 14:16
559 Hits
2 Comments

Emergency Fund FAQs to Answer

multiple-savings-bank1
Do you have an emergency fund? Are you in the process of building your account as to gain more financial comfort? Are you starting at zero? When it comes to your emergency fund, you may never feel comfortable. You may always feel like you need more money. Even so, having something saved in an emergency account is better than nothing at all. If you’re unsure of what you should be doing in regards to your...
Continue reading
  426 Hits
  1 Comment
Recent comment in this post
Wanderer
Building on the Emergency Fund concept being discussed is the need for quick cash if one loses their source of income. Sometimes w... Read More
Tuesday, 17 October 2017 07:50
426 Hits
1 Comment

Unique Ways to Fund an Emergency Account

Unique Ways to Fund an Emergency Account
Do you have an emergency account? Do you add money to this on a regular basis? Do you need to get serious about growing the balance? Like many, you may add a few dollars to this account every now and again. For example, you do this when you have money leftover at the end of the month. However, if you really want to grow the balance, you need to get serious about adding large chunks...
Continue reading
  821 Hits
  1 Comment
Recent comment in this post
Frank
I do have an emergency account. I started it with my side work money (Elance, ODesk, etc.) It really helps me feel more comfortabl... Read More
Friday, 30 June 2017 15:30
821 Hits
1 Comment