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Regardless of your income or net worth, anxiety is a common response to handling finances. Whether it be daily problems or long-term concerns, many people have a complicated relationship with money. A 2020 survey revealed that 90% of individuals say…
This offer is no longer available. Simple is a Portland-based company run in partnership with BBVA USA, a diversified bank with branches throughout the southern United States. 99% of Simple’s revenue streams are from debit card processing fees, interest income…
Sometimes it doesn’t take long for brands to maneuver their way into our vocabulary. Multimillion-dollar businesses become interchangeable with verbs. How many times have you heard “Google it” or “I’ll Venmo you”? For many people, that can lead to trust…
On the surface, under-spending may seem more a virtue than a vice. After all, one of the necessary ingredients of building wealth is living on less than you make. So, what could be the harm in holding onto as much…
Budgets and diets have one thing in common: We tend to break both during the holidays. Even people who’ve been careful with their money all year long tend to go a little crazy once the holiday decorations go up. According…
Only 28% of Americans have a written financial plan, according to Charles Schwab’s 2019 Modern Wealth Index study. Those who have a written plan are in vastly better financial shape than their planless peers. Of the “planners,” 78% say they pay…
Saving for retirement isn’t always easy, but there are significant income tax benefits to low- and moderate-income families who choose to prioritize these long-term savings. The Retirement Savings Contributions Credit (otherwise known as the “Saver’s Credit”) is a tax credit designed to…
The No. 1 key to building wealth is your savings rate. Your savings rate is the percentage of your income that you save, invest, or put toward debts. The higher your savings rate, the faster you build wealth. Sure, it’d be…
To some people, bank safe deposit boxes seem like a relic of the past. Nowadays, it’s so easy to store financial records and other important documents in digital form that the idea of keeping important papers in a locked bank vault…
As the old saying goes, nothing is certain except death and taxes. Nobody loves either one of these things — and when you put the two together, people hate the combination even more. The best example of this is the federal…
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