As featured in The Wall Street Journal, Money Magazine, and more!

avatar You are viewing an archive of articles by Luke Landes. Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View 's Google Profile.

Luke Landes

Amex entered banking years ago. Today, they offer great rates with low fees. Check out our take in this American Express savings account review.

By far, the most requested review on Consumerism Commentary is for the American Express Personal Savings Account. Amex offers one of the highest interest rates available with this savings account, making it very attractive from the surface. Once you own an account, how does it hold up against All, Discover, CIT and other online savings accounts?

I opened an account to find out.

First of all, if the bulk of your savings is earning less than 0.5% APY, it’s time to change. There is usually no excuse for settling for interest rates that low. It’s simple and easy to double or triple the interest you receive in your account every month. Granted, this might not add up to a lot of money. But high yield savings accounts help to ensure your cash will at least hold its value when up against inflation. Your money loses value over time when sitting in a low-interest or no-interest account.

Banking Deal: Earn 1.20% APY on an FDIC-insured savings account at Barclays.

Application process

After visiting the American Express website, I was impressed with the application process. You can zoom in on the overview screen by clicking on the image included here.

The first step is entering your personal information. If you have an American Express savings account currently, you can easily link your current account to the application.

As I do not have a savings account with AMEX, I entered my personal information. Following this, I entered the amount I intend to deposit from my external bank account. There is no minimum deposit, and I decided to start with $500. While there is an option to send a check, I chose to pull the funds from an existing bank account via an electronic transfer (ACH). After confirming my personal information and deposit amount, I agreed to the standard terms of service and entered my external banking information (routing number and account number). I chose to link this account to my personal Wells Fargo brick and mortar checking account.

The strength of American Express, in this first impression, is the bank’s professional appearance. Each step through this process, the bank’s website was very helpful in letting me know what to expect and when to expect it. When I confirmed my external banking information, it was clear that I would need to verify two test deposits into my newly-linked Wells Fargo account. I immediately received an email with instructions for verifying the test deposits, and I received a welcome kit in the mail in [three] days. It took three days, from Friday to Monday, for the deposits to hit my Wells Fargo account.

Verifying deposits

After the weekend, I checked my Wells Fargo account and saw two small test deposits from American Express. Once again, AmEx outlined the process clearly, as you can see from the image here. To finalize the link between my new American Express account and my existing checking account at Wells Fargo, the bank required me to enter my email address, a verification code that was sent to me via email, and the amounts of the two test deposits.

After the confirmation, American Express allowed me to create an online user identity for viewing statements and otherwise operating my new bank account. User names for the American Express Personal Savings Account require at least two numerals, so I was unfortunately forced to use a non-standard user ID. For the first time, I chose to receive online statements in lieu of paper statements. This is a trend I want to continue; I receive too much paper in the mail, and electronic states — when chosen without paper statements — will help reduce my clutter, as well as on a small scale, help the environment.

Using my American Express Personal Savings Account

As of today, I am waiting for my initial deposit to reach my new American Express savings account. Although there is not much I can do, I am able to look at all features contained in the website and get a feel for its operation. My first order of business was customizing the account names. I also looked at the options for downloading activity into applications like Quicken. American Express supports Quicken through the “Web Connect” service as well as Microsoft Money. There are options for QIF and CSV downloads, too.

There are not many different things you can do with this savings account. Although the bank recently lowered the interest rate offered on these accounts, the rates are still comparatively high. The deposits at American Express Bank are fully insured by FDIC, which means there is no risk in depositing your money up to the FDIC maximum, currently $250,000 for an individual savings account. American Express does not currently offer a checking, bill-payment, or other “transactional” account, so this type of service is fine for letting the cash you need to sit and grow, losing as little value to inflation as possible in a savings account.

American Express Interest Rate

On July 14, 2017, American Express Bank increased the rate on its online savings account to 1.15% APY.  This keeps them in the for online banks, but there are a few banks who are currently offering a better interest rate on savings.  Those banks are:

  • Dollar Savings Direct 1.40%
  • CIT Bank – 1.35%
  • Ally Bank – 1.20%
  • Barclays Bank – 1.20%
  • Synchrony Bank 1.20%

Outside of an online savings account, there isn’t much else to the deposit side of American Express. They do offer a range of CD’s, but the interest rates on those are simply not good.  A six month CD will net you an APY of 0.40% and a five year CD comes in at 1.70%.  Keep in mind that these rates can change at any time. Check our high yield savings account page for current rates.

The ease with which American Express allowed me to open an account was terrific.  Their clean interface, transfer options and overall appeal is something that I’m not sure any other online bank can match (for my taste).  That said, their interest rate, while strong, is a bit lower than some other online banks.  If I were a rate chaser, AMEX would not have my business.

American Express Bank
Routing (ABA) number 124085066
Established December 1, 2000
FDIC certificate 35328
Location 4315 South 2700 West, Salt Lake City, Utah 84184
Direct Connect Not supported
Web Connect Supported
Mint/Yodlee Supported

Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by American Express.


Not everybody needs life insurance. For others, it’s a critical part of financial security. Here’s how to determine if you need life insurance.

It’s no secret that insurance companies make money primarily by not providing benefits to their customers. This is why insurance gets expensive if you’re risky to insure. The more likely an insurer is to pay you for a claim, the more you’ll pay up front in premiums.

That’s just the way business works in the world of insurance.

With that said, this is no reason to avoid insurance altogether. Yes, you may pay for car insurance you never use. But you’ll be mighty glad to have it if you get into an accident. On the other hand, if you don’t drive or own a car, paying for car insurance would be silly. Even if you’re riding with someone else in their car, you don’t need to own car insurance.

So, really, the key to making insurance work for you is to know what you need and when you need it.

This brings us to the topic of life insurance. With other types of insurance, it’s normally easy to tell whether or not you need coverage. Drive a car? Get car insurance. Own a home? You need homeowners insurance. Life in a major flood plane? Flood insurance is a must.

But just because you happen to be alive doesn’t actually mean you need life insurance.

To determine whether or not you need life insurance, you first need to understand what it’s for. Then, you can figure out whether or not you need it.

What is Life Insurance for, Anyway?

Life insurance can be tougher to wrap your head around because the event you’re insuring against is your own death. That’s not something we like to think about on the best days. So life insurance can seem a little morbid.

The key here is to understand what your life insurance policy is actually for. Hint: It’s not for you!

Any other type of insurance you purchase is primarily to protect yourself. But life insurance doesn’t protect you at all. After all, to cash in a life insurance policy, you have to have passed away.

Life insurance is primarily meant to protect those you leave behind. This is often a family that includes minor children. But it could also mean your parents, your husband or wife, a close friend, or even your dog. (Though I wouldn’t necessarily recommend getting a life insurance policy with only your pooch in mind.)

When you die, you’ll leave behind people who will, at a minimum, have to tie up the loose ends of your estate. That’s just a fancy word for your possessions, accounts, and remaining debts. Even if you aren’t rich, you have an estate, and someone will have to deal with it when you pass away.

This usually means planning and paying for a funeral and burial costs. It may also mean settling your debts, selling what’s left over, or passing possessions to others, as your will specifies.

Bottom line: settling an estate can get expensive if you aren’t prepared. And you don’t want to put those costs on your loved ones.

Beyond just settling your estate, of course, there’s the idea of providing for those who depend on you. If your family depends on your income each month, you need to be able to replace that for them for a while. Most of the time, you want that income replacement to last at least until your children are self-supporting. And you may decide to cover additional costs, such as college funds.

So Who Needs Life Insurance?

Now you know what the purpose of life insurance is. But do you actually need it?

Well, if someone–whether a child, spouse, parent, or anyone else–currently depends on you for income, you definitely need life insurance. You’ll need coverage that lasts until:

  1. That person (or those people) don’t depend on you any more for income, or
  2. You have enough money saved to cover their needs should you pass away.

What if no one directly depends on your income? In this case, you may need life insurance. You’ll need some coverage if:

  1. You don’t have enough money in savings to cover end-of-life costs, or
  2. You have debts that would be difficult or impossible to settle out of the proceeds of your estate.

If B applies to you, life insurance is even more important if someone else is a cosigner on your debts.

For instance, what if your parents have cosigned a private student loan? Some lenders have the contractual option to call the full loan balance due as soon as either cosigner passes away. So your cosigner could have to deal with not only your death, but also this loan balance that is now suddenly due in full.

For this reason, it’s a good idea to maintain enough life insurance coverage to cover your potential end-of-life costs as well as any outstanding debts. This just makes life easier for those who are left to pick up the pieces should you pass away.

How Much Life Insurance?

How much life insurance you need depend largely on you reason for buying such insurance. We won’t go in-depth about how to make this calculation here. For more on that, check out this article.

For now, we’ll just break down the “how much” into two categories, based on our scenarios above.

In the first scenario, you’re getting a life insurance policy because someone depends on your income. In this case, you’ll need enough coverage to provide your beneficiary with the same amount of money for a certain length of time. You may want to provide the income for ten years, until they’ve graduated college, or some other length of time.

The amount of time will depend on your situation and on how big a life insurance policy you can afford. Remember, you can always layer policies, as well. If you can’t afford a $1 million policy today, maybe you can start with a $250,000 policy. As your financial situation improves, you can continue to increase your coverage or add additional policies to reach your target amount.

What about in the second scenario? Here, with no one dependent on your income, you can likely get away with much less coverage. That means your policy could be incredibly cheap on a monthly basis.

If your goal is to use the policy just to cover your end-of-life expenses and outstanding debts, total up your debts and add $5,000 to $10,000 to cover end-of-life expenses. You may also opt for a shorter term, so that your coverage ends when you’re debt-free and have money in savings.

As I said above, determining whether or not you need life insurance can sometimes be tricky. But most people would benefit from at least minimal coverage at some points in their lives. And the good thing is that for most people, a decent term life insurance policy will only cost a few bucks a month!


Cash back credit cards can help consumers practice responsible spending while earning a little extra for their efforts when used properly. The days of earning 5 percent cash back on all credit card purchases may be just a memory, but the smart use of credit cards can still be profitable for diligent consumers. You may be able to find some credit cards offering a high level of cash back in certain spending categories, but these are often subject to maximums.

Most of today’s better cash back credit cards offer 1 percent to 2 percent cash back on purchases. However, if you look hard enough, you’ll find a number of credit cards with higher cash rebates. Keep in mind that in order to make credit card with rewards programs worthwhile, you must pay your bill on time and in full every single month to avoid interest charges and late fees.

This ever-changing list reflects the best cash back credit cards currently available.

Best Cash Back Credit Cards

1. Discover it® Cashback Match™

Discover It® CardThe Discover it® Cashback Match™has a tempting offer for anyone considering a new cash-back card— they’ll double all the cash back you’ve earned at the end of your first year automatically on this card. This offer is only intended for new cardmembers and is only available for a limited time. That applies to the 5 percent cash back in quarterly categories as well as the 1 percent cash back on all other purchases.

With the new New Freeze It® on/off switch, you can prevent new purchases, cash advances and balance transfers on misplaced cards in seconds by mobile app and online. You can also get your free FICO® Credit Score on statements, online and by mobile app, and will pay no annual fee or foreign transaction fees.

  • Cash Back: 5% on categories that change each quarter, up to $1,500 in purchases. All other purchases earn 1% cash back.
  • Sign up bonus: Discover will double your cash back rewards at the end of your first year.
  • Annual Fee: None.
  • Introductory APR: 0% on purchases and balance transfers for 12 months.
  • Other Benefits: Discover gives you free access to your FICO score.

Find out how to apply for the card here.


2. Blue Cash Preferred® Card from American Express

I recommend the Blue Cash Preferred® Card from American Express as the one whose bonus categories are most likely to overlap the spending habits of parents. Cash back is earned only on eligible purchases as follows:

  • 6% cash back at U.S. supermarkets, on up to $6,000 per year in purchases
  • 3% cash back at U.S. gas stations
  • 3% cash back at select U.S. department stores
  • 1% cash back on other purchases

There are no rotating reward categories. No enrollment is required. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. You can also earn $150 back after you spend $1,000 in purchases on your new card in your first three months. You will receive the $150 back in the form of statement credits. There is a $95 annual fee.

Find out how to apply for this card here.


3. Blue Cash Everyday® Card from American Express

Blue Cash EverydayIf you prefer a no annual fee version of the card, consider the Blue Cash Everyday® Card from American Express. While you save on the fee, the rewards are a step down. You’ll earn $100 back after you spend $1,000 in purchases on your new card in your first three months. The cash back percentages are a bit lower, but still very good:

  • 3% cash back at U.S. supermarkets, on up to $6,000 per year in purchases
  • 2% cash back at U.S. gas stations
  • 2% cash back at select U.S. department stores
  • 1% cash back on other purchases

Find out how to apply for this card here.


4. Capital One® Quicksilver® Cash Rewards Credit Card

With the Capital One® Quicksilver® Cash Rewards Credit Card, you earn 1.5% on all purchases. There are no categories to remember or quarterly signups to worry about. In addition, you can earn a one-time $150 cash bonus after you spend $500 on purchases within the first 3 months. It also offers a unique perk–Every 10th Uber ride is free up to $15 when you pay with your Quicksilver® card through March 31, 2017. There is no annual fee.

  • Cash Back: 1.5% cash back on all purchases.
  • Sign up bonus: Get a $150 bonus when you spend $500 on the card in the first three months.
  • Annual Fee: None.
  • Introductory APR: 0% on purchases and balance transfers for 9 months.
  • Other Benefits: Every 10th Uber ride is free up to $15 when you pay with your Quicksilver card through March 31, 2017

Find out how to apply for this card here.


5. Discover it® Chrome

With Discover it® Chrome, you can earn 1% cash back on every purchase, but Discover® offers an opportunity to earn double cash back on certain categories. The double cash back is limited to $1,000 in combined purchases, though, which adds up to only $100 extra. Still, that’s $100 you wouldn’t have otherwise.

The categories for double cash back with Discover it® Chrome are gas stations and restaurants. In order to make using the cash back points even easier, Discover® allows you to pay for items on using points instead of dollars. That could come in handy during the holiday seasons.

  • Cash Back: 2% cash back on all purchases at gas stations and restaurants, up to$1,000 in combined purchases every quarter—no sign-ups needed. 1% cash back on all other purchases.
  • Sign up bonus: Discover matches all your cash back earned the first year.
  • Annual Fee: None.
  • Introductory APR: 0% on purchases and balance transfers for 12 months.
  • Other Benefits: Free access to your FICO score.

Find out how to apply for this card here.


6. Barclaycard CashForward™ World Mastercard®

One of my favorite cash back cards, the Barclaycard CashForward™ World Mastercard® jumps right at you with a $200 bonus after spending $1,000 in the first 90 days.  This credit card offers 1.5% cash back on all purchases plus a 5% cash bonus on every redemption.  For example, if you redeem $100 worth of cash back, they’ll tack on another 5%!  This means the card really is a 1.575% cash back credit card.  Rewards never expire and redemptions start at $50.

If you need some time to pay interest free, Barclaycard will allow it.  The Barclaycard CashForward™ World Mastercard® has a 0% intro APR on purchases and balance transfers for the first 15 months.  This card carries no annual fee.

  • Cash Back: 1.5% cash back on all purchases.  Plus a 5% bonus on every cash redemption
  • Sign up bonus: $200 bonus after spending $1,000 in the first 90 days
  • Annual Fee: None.
  • Introductory APR: 0% on purchases and balance transfers for 15 months
  • Other Benefits: Barclaycard gives you free access to your FICO score.

Find out how to apply for the card here.


7. Fidelity Rewards Visa Signature Card

The Fidelity Rewards Visa Signature Card is regularly cited as a Consumerism Commentary readers’ favorite. You’ll earn a solid 2% cash back on every purchase.  There is no limit to the amount of rewards you can earn and the rewards never expire. On top of that, there is no annual fee.

This card requires a linked account at Fidelity, but these accounts are free and can be good choices for savers and investors. A few years ago, I chose to rollover a former company’s 401(k) into a Fidelity IRA, and I use Fidelity as the servicing company for my charitable gift fund. Their index mutual funds are some of the lowest cost in the business, but for most of my own investing, I prefer Vanguard. Vanguard, however, does not offer a similar credit card offer.

If you’re holding on to a cash back credit card that you feel deserves to make this list, let me know by leaving your thoughts in the comments below. If the offer is good, I’ll add it to this best cash back credit cards list.

  • Cash Back: 2% cash back on all purchases. Cash back rewards are deposited into your Fidelity account.
  • Sign up bonus: Get $100 after you spend $1000 in the first 90 days.
  • Annual Fee: None.
  • Introductory APR: None.
  • Other Benefits: None.


8. The Santander® Ultimate Cash Back credit card

One of the newest issuers to enter the cash back credit card space is Santander.  They’ve launched the The Santander® Ultimate Cash Back credit card which includes a $100 cash bonus after making $500 in purchases the first 90 days.  This credit card offers an unlimited 1.5% cash back on all purchases with no tier levels or spend thresholds to meet.  The cash back never expires, so feel free taking your time to use it.

A 3% intro APR balance transfers is also included for the first 12 months (no intro APR on purchases).  There are no balance transfer fees, no foreign transaction fees, no cash advance fees, no returned payment fees and most importantly, NO annual fee.

  • Cash Back: 1.5% unlimited cash back on all purchases
  • Sign up bonus: $100 cash bonus after spending $500 in the first 90 days
  • Annual Fee: None.
  • Introductory APR: None
  • Other Benefits: Mobile check deposit, Apple pay availability

Find out how to apply for the card here.



4 Tips for Teaching Kids About Money

This article was written by in Financial Literacy, Personal Finance. Comments Off on 4 Tips for Teaching Kids About Money

According to the USDA’s latest calculations, a middle class American family will spend about $233,610 raising a child born in 2015 to age 18. And that doesn’t count college. Personally, I think these figures are a bit overblown. But the bottom line is that kids are expensive.

teaching kids about money

So we parents are worrying about where we’re going to get all the money for the children’s expenses and how we’re going to spend it. But in the hustle of everyday parenthood, we often forget to teach them where to get money and how to spend it wisely.

Studies show we’re basically failing at this goal — miserably. Get a load of these statistics from recent studies:

  • A T. Rowe Price survey showed 13 percent of parents never talk about money with their kids, while 30 percent talked to them about money one time a month or less.
  • Only 15 percent of parents surveyed actually set aside specific time to talk to their kids about money.
  • Another study showed that most parents consider some money topics, like family finances, parental income, investments, and debt, “off limits.”
  • One survey from 2011 showed that nearly 60 of parents were helping their adult children financially. This number seems to be lower as the job market has improved. But it’s still fairly common for adults to move back home or rely on the Bank of Mom and Dad.

Clearly, we could do better. And we need to do better. Teaching kids about money should be right up there with teaching them to cook, clean, and do their own laundry before they graduate high school! Managing money well is simply an essential life skill that your kids won’t just pick up by accident.

Of course, that brings us to the hard part: the how.

How do we go about teaching kids about money? There are all sorts of opinions out there on this. But I’m going to try to boil it down to a few basics.

Let Them Practice

Here’s what I think is the primary thing parents miss the mark on: we don’t expect kids to practice with money.

We know they need to practice all these other skills we want them to learn. We’d never turn a 16-year-old loose with our car without taking them for lots of supervised driving time first.

But many of our kids never have an opportunity to practice substantially with money. Sure, they might get a few bucks from Grandma for their birthday. Or get a little allowance here or there. But what you really need is a thought-out system for giving kids the chance to manage money.

Of course, for them to practice with money, they need to actually have money. Luckily, there are a couple of different options in this space.

Option 1: Commission-Style Allowances

This option has been popularized by Dave Ramsey. It posits that kids should be expected to do basic chores just because they’re a member of the household. You don’t get paid just for existing, so why should your kids?

So instead of a set allowance kids get paid a certain amount of money to do particular chores. Each chore has a value. When they do that chore, they get the money for it. Then, they can do what they want with that money, within whatever limits you set.

This option is good for older kids, I think, who want to earn above and beyond what you’re willing to just hand over to them. However, it has its weaknesses. For instance, what if kids don’t have anything on their wish list? They’ll just stop doing extra chores because they don’t need money.

Option 2: A Set Allowance

This is an option I’ve read about elsewhere, but the book The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money by Ron Lieber really solidified it for me.

Lieber argues that kids should get an allowance basically for just being a part of the family. They should get enough money to make decisions that feel fairly high-stakes to them.

The advantage of this option is that kids can practice earlier and more often with money. Also, since you’re just handing your kids money, you can reasonably expect to have a little more control. Lieber suggests having kids split the money into spending, saving, and giving categories. (To be fair, Dave Ramsey also advocates a similar approach here.)

But with this higher allowance comes higher expectations. For instance, you might just stop buying your five-year-old toys or treats at all outside of birthdays and holidays. She’ll have to use her own money when she wants something, which is an incredibly valuable lesson.

As kids age, the expectations can increase. A middle-schooler should be able to manage his or her own back-to-school clothing budget. And a high-schooler should be paying for his smartphone, for instance.

Practice Makes Perfect

You can probably tell which way I lean on this issue. I really prefer Lieber’s style of allowances because it does give kids higher expectations and more consistent opportunities to practice.

In fact, I’ve already seen this play out with my kindergartener. She gets $6 per week in allowance, split evenly between spending, saving, and giving. Watching her figure out how to spend — or not spend — that spending money is enlightening, to say the least.

Regardless of which method you choose, though, the bottom line is that your kids need to practice with money. And they need to practice now, when the stakes are relatively low. This type of practice helps kids start defining wants versus needs, make spending choices, and learn the power of savings.

Sure, blowing the back-to-school budget on a single pair of jeans means your kid will scramble for decent shirts to wear to school. Truly, not that big a deal. But when it’s  21-year-old making $100,000 decisions about which college to attend, she doesn’t have as much room for error.

Be Open and Honest

You’ve probably experienced the power of kids’ truth telling as a parent. If you haven’t, your kid probably isn’t talking yet.

Kids are incredibly perceptive and able to see through our most sophisticated untruths. Sometimes it’s easier to tell a half-truth. But it’s usually not a good idea. Nowhere is this truer than with our finances.

When your kid is with you at the store asking for yet another new toy, what’s your answer? If it’s something like, “We don’t have the money for that right now,” is that really true? In many cases, it’s not.

The bottom line here is that it’s better to be clear with your kids about the reasoning behind your financial choices. For instance, maybe that particular toy doesn’t fit well within your family’s value system. Or maybe you prefer to save extra money for travel versus buying more toys. Or maybe you’re just overwhelmed with the clutter already and know your kids don’t need more toys.

Whatever your reasoning, say it, and stick with it. Unless you’re honest with your kids about your financial choices, they won’t know the why of money management.

This honest can and should expand as children get older. Sure, it might feel uncomfortable to have conversations about investments, debt, and the family budget. But if you don’t have these conversations, your kids will be left to just figure it out as they go along. Not a good thing!

Save Early and Often

Perhaps one of the best things we can use to teach kids about money is saving and the power of compound interest.

Compound interest is a concept even many adults don’t understand. But it’s one of the most powerful financial forces out there.

You can start teaching kids about compound interest as soon as they’re old enough to save money in a jar. For instance, when you dole out allowance every week, you could give your kid a nickel for every dollar that’s still in their jar. They’ll pretty quickly see that it doesn’t take long for the nickels to make another dollar, which earns even more nickels.

Once kids are a bit older, though, it may be best to leave this lesson to the bank. Have kids open a savings account, and regularly put money away. Then, help them calculate how the interest will grow over time.

Bank interest not high enough for you? Help kids buy bonds or a CD. These are great options for mid-term savings. They could be especially helpful when kids are old enough to start thinking of saving for a car. That extra money from interest will come in handy when it’s time to start car shopping!

Keep Sharing What You’re Learning

You may have landed on a personal finance site like this one because you’re still learning about money management. That’s great. There’s always more to learn! So start sharing what you’ve learned with your kids. Even young kids can understand that you’re never too old to learn more about how best to make your money work for you!


11 Reasons to Sell Your Business

by Luke Landes
Reasons to Sell Your Business

People become entrepreneurs for a variety of reasons. Maybe you just stumbled into starting your own business when you built a blog that started making money. Or maybe you inherited a family business, or started a business intentionally. Whatever your reasons for starting and running a business, it’s a good idea to consider your exit […]

11 comments Read the full article →

How to Calculate Your Net Worth

by Luke Landes

A step-by-step guide on how to calculate your net worth. The article also includes tools and templates to help you automate the process. Calculating your net worth can be a bit tricky. But it’s a worthwhile exercise, especially if you’re trying to meet certain financial goals. Figuring out your net worth for the first time […]

5 comments Read the full article →

Six Steps to Starting Your Own Business

by Luke Landes

Many people dream about running their own business. You know, working for themselves, not having to answer to someone else’s rules, not having to rely on someone else for income, making their own hours, and not getting this hated retort: “You should just be happy to have a job.” The dreamer who wishes for an […]

0 comments Read the full article →

5 Budget Categories to Create the Best Budget

by Luke Landes
Maslow's Hierarchy of Needs

Creating a budget can be a challenge. How exactly do we go about categorizing our spending? Here we show you how to create the perfect spending plan using just 5 high level budget categories. When I started my first real budget as an adult, the concept was not difficult. I knew I had to track […]

15 comments Read the full article →

How to Finally Get Out of Debt

by Luke Landes
Climbing Out of debt

Getting out of debt is key to financial freedom. Being debt free gives you great financial flexibility. Paying off those debts, however, can be a struggle. Here we provide a comprehensive guide on how to get out of debt for good. Along with losing weight, getting out of debt is probably the most popular goal […]

12 comments Read the full article →

How to Sell Just About Anything on

by Luke Landes
Used Books on Amazon

Selling books and other items on Amazon is a tried and tested way to get rid of stuff around your home. You can even start a side business selling on Amazon.If you’ve been an Amazon fan from the beginning, you know used books is what got the company started. Of course, you can now buy […]

10 comments Read the full article →
Page 1 of 27512345···50100150···Last »