Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
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Personal Finance
United States Economy Added an Estimated 216,000 in December
by Kyle Burbank
The United States economy closed out 2023 with yet another impressive jobs report. About the report: According to the latest Bureau of Labor Statistics report, the U.S. economy gained 216,000 jobs in the last month of 2023. That easily beat the 175,00 jobs expected by economists surveyed by Bloomberg. Meanwhile, the unemployment rate was flat month-over-month, sticking at 3.7% (economists had anticipated it to tick up). While December's figures were...
Personal Finance
SoFi Offering 2% Match for IRA Contributions Through Tax Day
by Kyle Burbank
With the new year underway and tax season just around the corner, SoFi is encouraging taxpayers to contribute to their IRAs by offering a special bonus. About the offer: Today, SoFi unveiled a limited-time deal where customers can earn a bonus when making contributions to their SoFi IRAs. Through April 15th, the brokerage will be offering a 2% IRA Match. This means that, if a customer contributes $5,000 to their...
Personal Finance
T-Mobile Adding Hulu Subscription Perk to Top-Tier Service Plan
by Kyle Burbank
Wireless carrier T-Mobile has added another streamer to one of its service plans. About Hulu on Us: Today, T-Mobile announced its latest offering: Hulu on Us. Starting January 24th, those with the wireless carrier's Go5G Next plan will be able to add Hulu (With Ads) at no additional cost. This perk is valued at $95.88 per year as Hulu (With Ads) currently costs $7.99 per month. At this time, it's...
Personal Finance
"Gonzo Capitalism" Audiobook Review
by Kyle Burbank
As I've mentioned before, I fairly regularly look through Audible to find newly released finance audiobooks I might want to review. Not too long ago, I came across one I purchased nearly on sight: Gonzo Capitalism: How to Make Money in An Economy That Hates You by Chris Guillebeau. Released last summer, I'm not exactly sure how the book escaped me until now. Nevertheless, I'm glad I finally found it...
Personal Finance
FinTech Brokerage Webull Launches in Canada
by Kyle Burbank
The popular brokerage app Webull is expanding up north. About Webull's entry into Canada: Kicking off the new year, Webull has announced its official launch in Canada. This comes after the firm initially gained operating authorization in November of last year. Now, Canadian customers can trade both Canadian and U.S. stocks and ETFs. According to Webull's site, the ability to trade U.S. options is also "coming soon." Although the U.S....
Personal Finance
Impact Karma Raises $5.5 Million Seed Round
by Kyle Burbank
Another environmentally-focused FinTech has raised a new round of funding. About the round: Impact Karma has announced a $5.5 million seed round. As Triangle Inno reports, the round included investments from 37 firms — although they were not specified. The site also notes that, according to a securities filing, the startup anticipates that the round will reach $7.2 million. Prior to this round, Impact Karma had raised capital via three...
Personal Finance
Lessons From a First-Time Home Buyer: How an Apple Card Can Affect Your Mortgage Application
by Kyle Burbank
Buying my first home was quite an experience. For the most part, it was a positive one — yet there were moments where I was completely dumbstruck and, to quote Will Ferell, felt like I was taking crazy pills. One such moment happened as we were looking to secure pre-approval for our mortgage. As I'll share in a future installment of this series, gaining approval while being self-employed includes lots...