money

by Rachel Christian, CEPF®Senior WriterCryptocurrency is no longer a novelty. From our social media feeds to Super Bowl commercials, digital currency is increasingly mainstream.But some people remain hesitant about cryptocurrency because of its inherently risky and volatile nature.In this guide, we’ll explain how to invest in cryptocurrency, including where to purchase digital coins and the safest way to store them. We’ll also dive into fundamental investing principles you should keep

by Rachel Christian, CEPF®Senior WriterYou work hard for your money. You want to make sure it’s safe.That’s where the FDIC comes in.The Federal Deposit Insurance Corporation (FDIC) makes sure your money is protected when you deposit funds at a participating bank.It’s rare, but banks can fail. A bank failure occurs when a financial institution can’t meet its obligations to creditors and depositors.It’s a scary thought. But thanks to the FDIC,

by Katherine Snow SmithContributorAny chance you know when you last saw your wide-eyed Furby in your parents’ basement? Does your teenage dresser now double as a time capsule storing a “Titanic” T-shirt picturing Leonardo DiCaprio, Kate Winslet and the doomed ship? Could your old Sega Genesis console still be in the attic?You might want to start looking, because that Furby is worth $16 to $65, an original “Titanic” T-shirt (even

by Dave SchaferContributorAt tax time, most of us have a similar goal: minimize our liability, and maybe even get some money back in the process. The Earned Income Tax Credit, or EITC, is a tax incentive that might be able to help.You may be eligible for the EITC if you earned a relatively low income in the previous tax year — especially if you have children. In this article, we’ll

Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorHow does one recover from investing in a Ponzi scheme? I am feeling very stupid and embarrassed. The SEC will take two to three years to figure out and recover any funds remaining. I have additional funds to reinvest, but it is money I want to leave my daughter. What advice do you have for me?-A.Dear A.,Plenty of smart people have

by Kari FaberStaff WriterOn a scale of one to 10, how much do you loathe mansplaining?Personally, it’s an 11, taking the top spot over manspreading and bropropriating but barely squeaking past manterrupting.Just thinking about the unsolicited — or downright wrong — advice us women sometimes have to listen to sends chills down my spine. It’s especially bad when it comes to financial advice. Studies show women are increasingly becoming the

by Elizabeth Djinis The appeal of a subscription box is obvious: A little gift delivered to your door each month. Better yet, the specifics of the contents are a surprise. Sort of like a birthday present. But like any commercial gimmick, monthly subscription boxes have their pros and their cons. Beauty boxes like Birchbox want to keep you invested, so the monthly plans lessen in price from $15 to $13

by Mike BrassfieldSenior WriterCEOs know money. That’s why they make so much of it.Every company’s CEO keeps an eagle eye on one number — the bottom line. Add up your revenue, subtract your expenses, and you’ve got your bottom line. Ultimately, it’s the only number that matters.So many of us get a little sloppy about the bottom line. We earn what we earn, and we spend a little too much,

by Dana Miranda, CEPF®ContributorLet’s talk about how to make money by selling your sperm. Like, how this actually works.Popular media sends a strong message: Selling your sperm is a lucrative and simple way to make money when you’re low on cash.There’s no need to feel weird about sperm donation, despite the many jokes about the process. Sperm banks support thousands of families who struggle with infertility and parents who want

by Robert BruceSenior Writer Cruising is back. And, after two years of being stuck on land, many vacationers may be ready to get out of the house and onto the ocean. As more cruise lines lift COVID-related restrictions, they are opening up their cruise ships to more people. In late February, Royal Caribbean, Carnival and Norwegian cruise lines announced they would be making masks optional (or “recommended” but not required)