The brother of Tesla CEO Elon Musk has been selling Tesla stock. Kimbal Musk has been offloading shares in recent months, just as Tesla stock has made a massive retreat from all-time highs that put the stock, however briefly, among the select group of trillion-dollar companies. Should this sale from an…
Key takeaways Currency exchange options have expanded, but knowing best practices helps you avoid costly misconceptions. While many airport exchanges charge high fees, newer automated kiosks offer more competitive rates. Modern ATM networks and bank partnerships make advance currency exchanges less necessary than before. Understanding how bank partnerships affect exchange…
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. Key takeaways Bad credit business loans are…
Starting an emergency fund is often highlighted as a crucial aspect of personal finance, but we don’t talk as much about when you should tap into that money. For example, if someone faces an unexpected car repair bill, should they dip into their emergency fund or explore other financial avenues?…
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While there has been much conversation on not buying from companies with poor diversity, little has been said about investing…
Lifestyle inflation occurs when your expenses increase as you earn more income. It can start subtly—dining at pricier restaurants, upgrading…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
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The traditional certificate of deposit (CD) is far from being the only CD product available to savers. Financial institutions offer a variety of CDs, giving savers more flexibility to manage their money when economic winds change. Rates on many CDs rose in 2022 and 2023,…
Dept Managmnt
Key takeaways Social Security benefits are generally protected from creditors, but exceptions exist for federal debts, child support and legal judgments. The IRS…
Banking
Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
Credit Cards
Key takeaways Adding authorized users to your business credit card account can make it easier for you to complete purchases and earn rewards…
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Options trading is one of the most exciting areas of the financial markets, offering the potential for significant profits if you set up the right trade. But this potential for big profits comes with huge risks, and it can be easy to mess up your investment portfolio if you make…
Credit Sesame breaks down federal job cuts and explains their potential impact on jobs, wages, consumer spending, and your financial health. Federal job cuts often spark debates between those who rely on government services and those who think spending should shrink. But the reality is more complex. As layoffs unfold,…
We at American Consumer Credit Counseling understand that you can’t budget your way out of simply not having enough money. Taking on a part-time, side job, or freelancing gig can provide the extra cash flow needed to accelerate debt repayment or just ease financial strain if you’re already going through…
Key takeaways TSA PreCheck and Clear can both save you time while traveling. TSA PreCheck allows you to go through a special security line where you can keep on your shoes and a light jacket, while Clear allows you to use biometric security kiosks to verify your identity quickly at…
When it comes to becoming a millionaire, your mindset is an important factor, maybe the key factor, in getting you there. Yes, earning a higher income can help you build your net worth — let’s not pretend a high income isn’t important — but poor financial habits can destroy any…
Want to save more, pay off debt, and finally stop stressing about money? Budgeting is how you make it happen! Because when you tell your money where to go—instead of wondering where it went—you’re the one in control. And guess what? Budgeting doesn’t have to be overwhelming. I’ll walk you…
Big changes are coming to Social Security, and they might hit your wallet sooner than you think. From eliminating taxes on benefits to major staffing cuts at the Social Security Administration, President Donald Trump’s proposals could impact the benefits you’ve earned. In 2025, you might see some relief if Social Security…
Key takeaways Personal savings accounts help individuals store and grow money, while business savings accounts help companies manage cash reserves and keep finances separate. A dedicated business savings account makes tax preparation easier and provides legal protection, especially for LLCs and corporations. When choosing a business savings account, consider interest…
Key takeaways RefiJet stands out for its cash-out refinancing program for customers with vehicle equity. iLending offers personalized customer service all week. Always compare multiple lenders and their fees before finalizing an auto refinancing decision. RefiJet and iLending give car owners access to a variety of different auto refinance lenders,…
PhotoAlto/Eric Audras/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Hotels can charge your card anywhere from the moment you book to when you check out. Policies range widely from one hotel or third-party booking service to another. The timing of payment isn’t always clear — you might need to…
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