Category: Finance

As a financial planner, I get a lot of concerned questions from my clients regarding their investments. One recently asked me: What exactly happens if the brokerage firm I’m custodied with goes out of business? This is a great question because many people don’t know their investments have protection in the first place, or they’re […]

One of the issues that many people have been concerned with during this recession is what happens when a bank is seized by the FDIC. This is a matter of concern because the recession saw quite a few bank closings, and there are still hundreds of banks still on the FDIC watch list for potential […]

In an era where data is becoming ever more valuable, open finance gives consumers control over their personal financial data so that they may benefit from more suitable and better-targeted financial services. Under open finance, consumers can direct the transfer of their data from banks and other financial institutions (data holders) to fintechs and other […]

When at the point of wondering how to invest $200,000, that’s definitely a good sign. After all, having this amount to invest means you’re on the fast path to building long-term wealth. This is especially true if you can invest $200,000 and leave it alone for a decade or two, giving compound interest plenty of […]

$25 per hour is $52000 a year. Find out how this is calculated and pick up budgeting tips and side hustle ideas. Have you ever wondered how much your annual salary would be if you earned 25 dollars an hour? The fact is, too many people who earn an hourly wage don’t know how much […]

Contrary to popular opinion, you can make good money in customer service, and companies tend to promote from within. Here are 15 of the highest-paying jobs in consumer services. The U.S. consumer service industry is worth hundreds of billions of dollars and includes more than 450,000 single-location and multi-location establishments. Despite declining overall employment numbers […]

Digital inclusion can be truly life-changing for women, giving them access to online education and other services, new sources of information, expanded networks, new marketplaces, and potentially new financial tools previously inaccessible – all of which can in turn boost women’s agency, self-reliance, and economic activity. It stands to reason then that the United Nations’ […]

At CGAP, we believe in the transformative power of open government-to-person (G2P) systems to connect G2P recipients with a host of Payment Service Providers (PSPs) from which they can choose to receive their transfers.  A fundamental aspect of such multi-provider systems is that they aggregate the often-vast G2P recipient volumes for PSPs to compete for. […]

Are residual income and passive income the same thing? Find out how residual income works and pick up 10 residual income ideas you can start today. Most people have heard of passive income, but what about residual income? In this article, I’ll explain how residual income works and share 14 residual income ideas that will […]

There are plenty of jobs available for kids under 16, but most don’t pay very well – here are 15 of the highest paying jobs for 15-year-olds. It can be difficult for 15-year-olds to find a job that pays well. By federal law, 14- and 15-year-olds are prohibited from working more than three hours a […]