Finance

difference between apy and interest rate

APY and Interest Rates: Key Differences

When you save money in a bank or invest, you often hear the terms "interest rate" and "APY." These terms are important for understanding how your money can grow over time. Knowing the APY is important when choosing a savings account or investment. It helps you understand how much...

high yield savings account vs money market

Savings Face-Off: High-Yield Savings or Money Market?

There are a ton of investment vehicles and savings products that you could consider pursuing; unfortunately, it’s often difficult to narrow down which one works best for your preferences. So, let's take a look. A high-yield savings account is a type of savings account that offers a higher interest...

cash back loans

Which Type of Cashback Loan is Right for You?

There are a wide array of cashback loans that you can pursue, depending on your financial situation and the assets that you might own (or be looking to purchase). The primary types of cashback loans are mortgages, personal loans and car loans. Let’s take a look at each. When...

how to buy and invest in gold

Gold Investment 101: How to Get Started

Investing in gold can be a smart way to diversify your portfolio and protect against losses from other riskier investments. There are various ways to buy and invest in gold, each with unique benefits, processes and considerations. Buying gold from local coin shops is a quick and easy way to get your hands on gold. In addition, it’s ideal if you prefer a tangible, hands-on approach to dealing with gold. Some people prefer having physical possession of their gold, as it gives them a stronger sense of security in...

free online tax filing

Simplify Your Taxes: Top Free Filing Software

There are lots of excellent online tax filing software options available to simplify the process, each designed to accommodate different needs, income levels and tax situations. TurboTax is a popular tax software known for its user-friendly interface and support for simple tax returns (1040 form). The Free Edition is ideal for filing federal and state returns if your tax situation is straightforward. It guides you step-by-step and allows you to file with confidence. H&R Block’s Free Online tax filing is designed to handle simple returns, offering users a simple...