Author: Press Room
Spending money is easy, but saving it is a lot harder. Luckily, there are tons of free financial tools you can leverage to help you save money, pay off and stay out of debt. Bankrate is one of these tools. Bankrate offers a slew of calculators all geared towards very specific financial goals. Whether you’re trying to pay off a hefty student loan or save for the down payment on a home, these calculators can help. Read on to learn how you can use Bankrate to make smart financial choices and achieve your savings goals. SAVING MORE MONEY: 10 CLEVER WAYS…
An emergency fund should be a priority for Americans to be prepared for unforeseen and urgent expenses. Experts recommend you should have several months of living expenses saved that can be used for emergency situations. “We recommend having three to six months’ worth of expenses saved in an emergency savings fund but even as little as a few hundred dollars has been found to significantly increase financial stability,” Meagan Dow, senior strategist at Edward Jones, told FOX Business. “For example, if you can put away $50 per month, within a year you’d have $600, or more, with interest saved up for…
The Biden administration has set a key deadline for student loan borrowers hoping to get forgiveness.Those with multiple federal student loans who request a consolidation by April 30 — which will leave them with one, larger loan — could benefit from the U.S. Department of Education’s overhaul of income-driven repayment plans.Those changes have already led to debt cancelation for more than 930,000 people and $45 billion in relief.”The opportunity to consolidate loans will help many more borrowers to qualify for student loan forgiveness,” said higher education expert Mark Kantrowitz.Here’s what to know about the deadline.Consolidation can get you closer to…
If you want to make the most money possible right after college, study to be an engineer.As a major, it’s the safest bet in terms of earning power. Engineering degrees occupy nine of the top 16 college majors with the highest incomes five years after graduation, a recent New York Federal Reserve study reveals. Computer engineering majors ranked first with an annual median salary of $80,000, followed by chemical engineering and computer science — the only two other majors that earn more than $75,000 annually.They make roughly double that of the lowest-paid majors, which tend to be degrees in the liberal…
The reports of harrowing and sometimes tragic incidents aboard airplanes accelerated this year, leading many to wonder if it’s still safe to fly. A door plug blew out on an Alaska Airlines flight leaving a gaping hole in the Boeing 737 Max fuselage. Passengers’ phones and clothing were ripped from their bodies and sent hurtling out into the night as oxygen masks dropped and the plane made its way to the ground, fortunately without any serious injuries. Another Boeing jet plunged so severely that passengers were thrown onto the ceiling of the cabin, leaving dozens so injured they need to…
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It’s been a crypto-rific week for most traders. The success of most cryptocurrencies in the past week’s bull run have placed all eyes on Bitcoin (BTC) and top altcoins. However, through the madness of the bull run, some investors have still been Dollars Cost Averaging into a particular token presale. That consistent flow of investments has now pushed that new ICO, for the Mollars token, past the milestone of 51% of the presale token supply being sold out.The total number of Mollars tokens pre-sold to investors now stands at 2,045,322. This crypto ICO is in its fourth round of…
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In the summer of 2018, Rohan Doctor fell into a water cooler conversation with an investment banker that would change his life as he knew it.Doctor, then a Goldman Sachs managing director who ran the bank-solutions group based in Hong Kong, was visiting the bank’s London office. He got to talking with a colleague responsible for structuring products for the bank’s clients who was complaining about how he couldn’t find anyone to focus on “this lucrative but complex” derivative transaction, Doctor told BI. The conversation, while brief, stuck with Doctor, who marinated on it during his lengthy flight back to…
Reddit is preparing to go public on the New York Stock Exchange.It plans to offer some shares to its most loyal users ahead of the IPO.Reddit is one of the last traditional social media companies to go public. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Reddit is set to debut on the New York Stock Exchange under the ticker symbol RDDT.The platform’s listing, expected next month, would be the largest IPO by a social media company since Pinterest in 2019.Reddit is one of the last traditional social…
