What is Rover? Rover is a “side-gig” type of service that allows people to make money by walking or babysitting dogs. They act as a middle man that connects pet owners with pet caretakers in order to make finding someone to care for your pets easy and to help people make money doing so! Rover…
What does it mean to be self-employed and what does that mean for your tax deductions? Being self-employed means starting your own business, whether it is a sole-proprietorship (like this blog), or a big company with many employees. To start your own business, you have to apply for a business EIN from the IRS. You…
What is Ally.com? Ally.com is a popular online bank that offers many of the services that regular banks do with much, much lower fees. They offer checking and savings accounts. They offer CDs (certificates of deposit), investment accounts, home mortgages, auto, and personal loans. Banking with Ally.com! Checking Accounts! Ally offers both checking and savings…
What are non-deductible IRAs? Traditional IRAs are individual retirement accounts offered by investment brokerages in the US. The money you invest in traditional IRAs is typically money that you contribute with after-tax money, and then if you have the option to deduct these contributions from your total taxes for the year if your itemized deductions…
What are taxes and how do they work? Taxes are the fees everyone in the world pays to their government in one way or another to pay for the goods and services provided by the government like law enforcement, health care, the military, and others. Taxes are normally collected in a few different ways. What…
What is Ibotta? Ibotta is a cashback app that allows you to earn cashback from your everyday purchases, from a wide variety of different stores like Walmart, Target, Dollar General, and more. The way Ibotta works is that whenever you shop in-store you take the receipt and take a picture of it to redeem whatever…
What is Unest? Unest is a new brokerage account that lets you invest in a particular type of account called a UTMA, which is a tax-advantaged custodial account for kids that allowed parents and other relatives the ability to invest so that the child can use the money for large expenses. It can be used…
What is Ezoic? Ezoic is a company platform, like Google Adsense, that allows publishers to use their service to monetize their blog or website. They are technically not an ad network, a third party that outsources ads, a header bidder company, an ad exchange, an ad management service (although as a non-techy person they kind of…
What is Qapital? Qapital is a budgeting app similar in nature to the Digit app that I’ve talked about previously. The Qapital app allows you to budget your money by connecting your bank accounts to it and setting up savings or investment goals in the app. After setting up your own specific goals the app…
What is Digit? Digit is a new budgeting and investment app available on both the App and Google Play stores. It allows you to create unlimited savings goals that are like Sofi’s “vaults”. It can help prevent you from getting hit by overdraft fees from your bank by instantly transferring savings over to your bank…
