Smart Track Your Financial Freedom
What is a Promotional (Bonus) CD Rate? A promotional (bonus) CD rate is a certificate of deposit that offers a higher-than-normal annual percentage yield (APY). It is also known as a bonus or special CD. These promotional CD rates are often offered to draw in new clients by the banks and credit unions. Although they … Read more
In the realm of international banking, the IBAN number plays a crucial role in facilitating smooth and accurate financial transactions across international borders. Key Points about IBAN Numbers What is an IBAN Number? An IBAN, or International Bank Account Number, is a standardized international numbering system developed to identify bank accounts across national borders. The … Read more
Over ten years, President Trump’s new 2025 tariffs could bring in trillions of dollars in new federal government revenue, but the negative impact on the US economy and the inevitable response from other economies would offset the net gain. This PIIE Briefing evaluates the impact of 10, 15, or 20 percentage point increases in US … Read more
Elon Musk’s DOGE, or Department of Government Efficiency, has targeted the Consumer Financial Protection Bureau, a longtime Republican target, in the weeks since President Trump took office again. The Consumer Financial Protection Bureau (CFPB), is a watchdog organization whose job it is to shield customers against dishonest lending practices and financial crimes. It is being … Read more
According to a recent NerdWallet survey of over 2,000 people this month, 85% of Americans are worried about the tariffs. Consumers’ main worries are that the new regulations will affect their capacity to pay for necessities and that a recession will hit the U.S. economy. Experts think the concerns are not without merit. According to … Read more
On Monday, the U.S. Department of Education announced that it would resume collections on defaulted student loans. In 2020, during President Donald Trump’s first term, the payments were suspended in response to the COVID-19 epidemic. In order to provide short-term financial relief during the COVID-19 pandemic, referrals for collections involving student debts in default were … Read more
Introduction Health insurance provides coverage to the person who is buying it for him/ her and their families and it pays for medical expenses incurred by the insured person and their insured family members. It is a critical component of financial planning and personal well-being, yet it remains a complex and often misunderstood subject. As … Read more
Introduction In recent years, pet ownership has seen a significant rise, with more people welcoming furry companions into their homes. Pets are not just animals; they are family members who bring joy, companionship, and unconditional love. However, just like humans, pets can fall ill or get injured, leading to unexpected veterinary expenses. This is where … Read more
Introduction One of the oldest and most well-liked asset classes is real estate. The majority of novice real estate investors are aware of this, but they are unaware of the wide variety of real estate investment options available. However, with the right knowledge and guidance, anyone can embark on this rewarding journey. Real estate investing … Read more
Capital markets are global marketplaces where buyers and sellers exchange assets like fixed-income securities and stocks. They play a crucial role in the economy by enabling businesses to access capital for growth and development while providing investors with opportunities to earn returns on their investments. Think of it this way: When a company wants to … Read more