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July Report: U.S. Economy Regains Jobs Lost During Pandemic
In March of 2020, following a month that saw unemployment fall to 3.5%, the United States economy shed 459,000 jobs. This was followed up by a massive 20.5 million job loss in April, bringing unemployment to 14.7%. Now, 27 months later, the U.S. has returned to that February 2020 high. According to the latest Bureau of Labor Statistics report, the economy added 528,000 jobs in July. This was more than…What Happens When a FinTech App Shuts Down?
Lately, it seems as though there's been a lot of bad news looming over the FinTech sector. Obviously cryptocurrency firms are the largest example of this but, with Robinhood now announcing that it's laying off 23% of its staff, there are other challenges that abound (to be fair, Robinhood's troubles are also partially related to the crypto market). These instances beg the question: what happens when a FinTech service shuts…American Express Global Pay for Small Businesses Launches
A new offering from American Express is aiming to make international business-to-business payments easier for owners. This week, the company announced the launch of Global Pay. Using this digital platform, U.S. small businesses can make secure B2B payments to suppliers in more than 40 countries. With the mobile-friendly service, businesses will be able to see exchange rates at the time that they create payments and will be able to view…Truebill App Rebrands to Rocket Money
In recent years, one of the most talked about personal finance apps has been Truebill. Founded in 2015, the platform has since helped users save a reported $250 million — including $150 million this year. Now, Truebill is changing its name and will continue on as Rocket Money. This name change comes following Rocket Companies' acuqision of Truebill in December 2021. The purchase cost Rocket $1.275 billion in cash. When the…Product Reviews
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2022 Pay with GasBuddy Review: Yes, You Can Legitimately Save Money Every Time You Fill
Put simply, the value proposition of Pay with GasBuddy is that you can use a special card that's accepted at most gas stations in order to save a few cents off of every gallon of gas you buy. That sounds good — almost too good, if you think like me.Product Reviews
Aldi Curbside Pickup Review — Is it Worth it?
Over the past few months, I've been a bit torn. While I love saving money and keeping costs down, the convenience of grocery delivery has proven too powerful for me to resist. Now one of my favorite discount grocery stores is rolling out a better option with the introduction of Aldi Curbside Pickup. Yet, the question still remains: is this option actually worth it?Financial
Credit Karma Money Spend Account Review
Over the past few years, the free credit score site Credit Karma has expanded into other aspects of finance. This includes offering an unclaimed funds finder as well as a free tax filing platform— which it recently announced would be sold off to Block Inc (formerly Square) when Intuit's purchase of Credit Karma is completed. Now, Credit Karma is rolling out a free checking account in the form of Credit…Product Reviews
Money at 30: Mode Phone (and Current Rewards for Android) Review
A few short weeks ago, I shared my review of an app called Current Rewards that allows you to earn gift cards and cash just for listening to music (although you'll need to do a bit more if you want to really earn points). As I noted in that review, I was first made aware of the app's existence thanks to an ad I saw for the Mode Phone. Well,…Financial
Privacy.com Review (2021) — How it Could Help Keep Your Money Safe
First the bad news: considering all the major data breaches that have hit retailers, websites, and freaking credit bureaus alike, there’s a very strong chance your personal info has been compromised at some point. Luckily, in addition to steps you can take, such as freezing your credit reports to prevent criminals from using this data, there are a growing number of tools you can use to foil thieves in the…Financial
T-Mobile Money Review (2022)
More than two years ago now, I ended up switching my wireless service from AT&T to T-Mobile. In doing so, I was able to save money in a few different ways — but it turns out there was another savings opportunity I had overlooked until recently: T-Mobile Money. While this digital banking account is open to non-T-Mobile customers, those who do have T-Mobile or now Sprint postpaid plans (as opposed…Popular Posts
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