Whether you thrift, purchase name brands, or buy from fast fashion companies, there are significant benefits and drawbacks to different modes of shopping that should be considered in your future fashion endeavors. Through an exploration of these different modes, this article aims to assist you (presumably a busy college kid) in spending smarter on clothes.Continue Reading
Argentina is currently experiencing one of its worst economic downturns in history. As of October 2023, inflation rates have soared to 140%, resulting in the Argentine peso losing 44% of its value in just the two months prior. As the country gears up for a runoff election in November between the leading Peronist candidate, Sergio Massa, and the radical outsider, Javier Milei, the world turns its attention to the uncertain future of Argentina.Continue Reading
As inflation continues its upwards hike, savvy consumers can respond to the increased interest rates by shopping for a better savings account option. Protected from the variability and risk of investing in the stock market itself, there are four great accounts that can provide a safe alternative for savings without allowing it to sit idly losing value due to inflation.Continue Reading
Different from exchange verification, ATM transactions tend to ask only for one’s ID and phone number — and sometimes only one’s phone number. Besides keeping one’s information more secure by asking for less of it, this lower verification threshold could help further democratize finance, allowing entry for those unable to create an exchange, brokerage, or even bank account.Continue Reading
Poor financial decisions are one of the leading causes of lost generational wealth, making trust funds an especially helpful tool for those looking to preserve their assets… The control they provide and their wide range of uses make trust funds far more versatile than alternative estate planning tools.Continue Reading
Despite the political backlash and uncertainty for the macroeconomy brought upon by their plan, the Biden Administration remains steadfast in its argument that it is a vital step for Americans in the ultimate goal of solving the student debt crisis. Moreover, they believe it to be an efficient and sustainable solution — they maintain that because of the high default rates for student loans, the actual cost of the debt forgiveness plan will be lower than the theoretical expectation; however, the specifics of that value have proven to be difficult to calculate. Continue Reading
With all the beneficial tax credits married couples can apply for, it may seem like a no-brainer to file jointly. In some situations, however, filing separately might be the right choice — even if it means giving up certain tax benefits.Continue Reading
The last thing the current U.S. environment of high mortgage rates and inflation needs is a Category 4 storm like Hurricane Ian. Set to cost an estimated $65 billion in damages, 2022’s latest disaster signals how much worse things could get given the current trajectory of climate change.Continue Reading
The cost of education has increased by over 100% in the last 20 years—a much higher rate compared to most other industries. This increase in the cost of education is paralleled by the increasingly widespread mentality that you need a college education in order to earn a good living. While this may generally be true across many industries, a college education does not reap the same value for every individual.Continue Reading
Transferring currency across international borders is often met with various hurdles, especially for those in emerging markets. In this article, investing columnist Aditi Somayajula explains some of these challenges, as well as how fintech companies are attempting to streamline different aspects of cross-border payments. Continue Reading