by Nicole DowSenior WriterHere at The Penny Hoarder, we kind of have a thing for Abe Lincoln. His face is profiled on our favorite coin after all.But as much as we love our pennies, we also like seeing Lincoln’s bearded mug on the front of the $5 bill. And saving $5 bills is much more lucrative than hoarding pennies. The five dollar challenge is a simple money-saving strategy — one that
by Rachel Christian, CEPF®Senior WriterIn 2019, Axos Financial, a large nationwide financial institution, acquired WiseBanyan, Inc., a robo-advisor platform.Axos Financial rebranded WiseBanyan as Axos Invest in October 2019. Building on its managed portfolios platform, Axos Invest launched self-directed trading accounts in 2021.Axos Invest gives users two ways to invest their money: A passively managed portfolio or a self-directed trading account.Managed Portfolios is Axos’ robo-advisor option. It creates a diversified portfolio
by Quinten Plummer There comes a point when great ideas become too rare, turning away business becomes too common, wearing multiple hats has gotten old and you need to hire someone new.You can no longer ignore the opportunity costs of doing business as usual. Your company needs the extra help, the fresh perspectives and the capacity to take on more business – or you need to replace people who once
by Robert BruceSenior WriterOne word to describe buying a home in 2021?Expensive.The price of homes in the United States appreciated 19.9% between August 2020 and August 2021, a 12-month record, according to S&P Dow Jones LLC.Depending on whom you talk to, the market is expected to continue to stay hot through 2022, though at not quite the same rate as this past year.So before we look forward to the house
by Mike BrassfieldSenior WriterIf you ever need to hire someone online, you’ll quickly find yourself overwhelmed by the sheer number of ways there are to do that. There are so many different job boards and online recruiting platforms, and they come in all shapes and sizes. How are you supposed to know which one is best for your needs?We were curious, so we did a side-by-side comparison of six popular
by Robin Hartill, CFP®Senior EditorYou may have seen ads saying you can invest in Google or Amazon for as little as $1. You may have wondered: Is this legit?A whole share of Google parent company Alphabet costs over $2,900 as of December 2021. Amazon’s share price is more than $3,500.But the claims that you can invest in big-name companies with as little as $1 or $5 are actually legit. The
Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorLike a lot of parents, I co-signed a student loan for my 18-year-old daughter when she started college this past August. In October, I found out that she stopped going to class and no longer worked on any assignments. She moved out of the dorm and in with a girlfriend.Now she has $20,000 student loan debt and no job. She is
by Elizabeth Djinis Many of us spent 2021 wondering if our jobs were fulfilling enough. Were we happy? Were we paid enough? Was this what we wanted to do for the rest of our lives? For anyone who answered “no” to one of those questions — and especially if all of them — 2022 is the year to get certified. Getting certified in a skill or occupation can be a
by Nicole DowSenior WriterAlthough the pandemic lockdowns of 2020 loosened up in 2021, many of us still found ourselves spending a lot of time at home.With the novelty of Zoom happy hours and virtual events fading, we reverted back to some classic ways to unwind at the end of the day — vegging out in front of the TV and curling up with a good book.And we found ways to
Becoming a fiscally responsible adult is possible at any age and stage of life. Whether you’re in your 20s and worrying about paying off student loan debt or in your 40s and wondering how to ramp up your retirement savings, better money management can help you achieve your goals.Becoming fiscally responsible is largely about changing your relationship with money — how you think about it, manage it, and spend it.
