What is an interest rate? Interest rates are the rates at which you earn money with things like savings accounts, checking accounts, dividends, and etc. They are also the rates at which the amount of money that you owe on things like various types of loans and other debts increases. Most interest rates are what…
What is Ad Inserter? When it comes to monetizing your site/blog with ads different ad networks like Google Adsense, Ezoic, Media.net, and others typically have their own plugins or other tools that allow you to automatically place ads on your site in a relatively easy manner. However, for reasons that aren’t easy to understand sometimes…
What is Medium? Medium.com is an online forum where you can read articles published by writers if you pay for a membership to view them. When someone who is a paying member on Medium reads a writer’s content for some time the writer actually gets paid because of that. This is actually similar in nature…
Are You an Expat Living in Canada? Here’s How to File Your Taxes Credit: DrJenkins365 under CC0 1.0 – no changes were made to the image] There are many enticing reasons to move to Canada. First, it’s one of the world’s most accepting countries for migrants. The government offers residents free healthcare, paid maternity leave, and paid statutory holidays….
What is Aspiration? Aspiration is an online bank that that provides many of the usual products provided by banks like checking accounts, savings accounts, investment, and credit cards. They are also a bank that focuses very, very, heavily on saving the planet with the way they do business. Whenever you spend money with Aspiration you…
What is an LLC or Limited Liability Company? An LLC or limited liability company is a type of legal entity that is formed in order to own and operate a business. The reason LLCs exist is to provide some protection against lawsuits and other legal issues for the actual owner of a company since the…
What is Personal Capital? Personal Capital is an app similar to the Mint.com app that allows you to do things like setting up a budget for yourself and track your expenses and investments. Other than the budgeting and expense tracking tools that Personal Capital offers they also provide their own checking account that you can…
What is Chime? Chime is an online bank like Sofi or Ally. They are an online bank that provides checking accounts, savings accounts, and credit cards for its customers. It was founded on the premise that basic banking services should be helpful, easy, and free. That’s why their model doesn’t rely on an overdraft, monthly…
What is a savings account? A savings account is a type of account that you can open in a financial institution like a bank or credit union. This type of bank account allows you to deposit money to be stored safely in a bank for you. Savings accounts also typically earn more interest than checking…
What are BDCs or business development companies? BDC stands for a business development company. This is a type of stock that deals with businesses that invest in other businesses that are small, medium, or distressed businesses. They are somewhat higher risk, but like REITs, typically offer higher than average dividends. A BDC must invest at…
