Retirement is a time for you to enjoy what you love—whether that’s traveling, spending time with family, or serving your community. If you want to live your retirement dream, you need a plan. And knowing the best cities to retire can help you make your hard-earned dollars go farther when…
Whether you’re nearing the tail-end of a lease agreement, you recently graduated college or you’re moving out on your own for the first time, apartment hunting can be both exciting and scary. But if you have a bad credit score, finding a property for rent is the easy part. It’s…
Images by GettyImages; illustration by Hunter Newton/Bankrate Wealth management is a comprehensive service focused on taking a holistic look at a client’s financial picture. It is generally considered a “high-end” service, and some wealth management firms may require a certain level of investment assets or a minimum net worth. For…
Key takeaways SBA lenders aren’t required to take collateral for most SBA loans under $50,000 SBA lenders will use their existing loan collateral policies to determine how much collateral you need to put up The SBA requires a personal guarantee for any owners with at least a 20 percent ownership…
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The Trump administration has been rapidly dismantling protections for student loan borrowers, leaving millions of Americans with diminishing options as…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
The Covid pandemic crushed immigration and demand for Nova Credit’s tech. Then its founder discovered a second line of business.…
Twenty-two years before he bet his company on bitcoin, MicroStrategy CEO Michael Saylor sat down for a long interview with…
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Key takeaways There is no right number of credit cards to own, but in general, most people should consider having at least two in case of emergencies or fraud. Having multiple credit cards helps reduce your utilization rate and provides lenders with…
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By Garrett Johnson Whether you are a new grad or a young adult entering your first full-time job, budgeting tips for new grads…
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In my last column, I likened artificial intelligence to the wizard in “The Wizard of Oz.” It received a good reaction so I…
Credit Cards
Key takeaways The Bank of America® Unlimited Cash Rewards credit card offers a flat 1.5 percent cash back on all purchases. Bank of…
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In case you haven’t heard, the Mint budgeting app is shutting down. And their users are being asked to move to . . . Credit Karma. But if you’re a Mint user who thinks you’ll be able to keep budgeting the same way, you’re going to be pretty disappointed. Because,…
As the holiday season approaches, the excitement of festivities, gatherings, and gift-giving often comes with a looming concern of financial strain. The key to enjoying this time without compromising your financial health lies in refreshing your budget. A well-thought-out budget allows you to partake in the joy of the season…
Morsa Images/ Getty Images; Illustration by Austin Courregé/Bankrate A certificate of deposit (CD) is a time deposit account in which your money accrues interest at a fixed yield for a set period of time, or term. CD terms typically range from as short as a few months to as long…
More Americans are expressing optimism about their finances as pandemic-era price hikes and the “vibecession” increasingly fade away. Bankrate’s latest Financial Outlook Survey finds that 44 percent of Americans think their finances will improve in 2025. This compares with 37 percent who said in a 2023 survey that they expected…
We could all use some extra cash right now—for the next vacation, the next grocery run, or the next car repair that’s bound to happen. Well, good news! There’s a money trend that’ll help you save some bucks and create more breathing room in the budget—starting this month. It’s called…
Martinns/GettyImages; Illustration by Hunter Newton/Bankrate A money market account is a type of savings deposit account that tends to offer check-writing privileges and a debit card for ATM access to your savings. Typically, savings accounts usually don’t let you write checks from the account, making money market accounts a unique…
A covered call is an options trading strategy that offers limited return for limited risk. A covered call involves selling a call option on a stock that you already own. By owning the stock, you’re “covered” (that is, protected) if the stock rises and the call option expires in the…
If you’re thinking about buying or selling a house and wondering about the housing market, you’re not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that you’d want the latest market update before you…
Images by Getty Images; Illustration by Issiah Davis/Bankrate The average savings account rate is a benchmark for the overall interest-rate environment, but it’s not a rate you should settle for. Rather, aim for an annual percentage yield (APY) many times the national average, such as those offered by high-yield savings…
With all the excitement surrounding Bitcoin’s recent climb to over $100,000, many investors — new and experienced alike — are wondering if it’s time to hop on the crypto bandwagon. But don’t move too fast. Crypto is highly volatile and not backed by business performance or concrete assets like cash…
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