As electric vehicles have been proven to possess many benefits, such as a lower average cost, it is essential to analyze the costs associated with both types of cars, to determine which one is ultimately better.

Due to COVID-19, everyday items have begun rising in price. For example, according to a report released by the Bureau of Labor Statistics, certified pre-owned cars have raised in price by 41.2%.

CapWay is celebrating Black History Month by sharing the entrepreneurial stories of five Black financial influencers, also known as fin-fluencers, who are etching their names in the financial education space.

Elon Musk allegedly violated one of the agreements in a pending securities lawsuit from 2018. According to the SEC, the co-founder of Tesla used his Twitter to provide financial information about the company that caused Tesla stock to increase.

Due to the pandemic, Hertz filed for bankruptcy. Less than four months after coming out of bankruptcy, they announced a deal with Tesla. The deal with Tesla will include 100,000 Model 3s, which will be shipped to Hertz by the end of 2022.

Statistics show that 78% of retired National Football League (NFL) players go broke within two years of retiring, and 60% of former National Basketball Association (NBA) players go broke five years after retiring.

When it comes to the distribution of wealth among Black and Latinx people versus white people in the United States, minorities have always been neglected. The racial wealth divide is widespread and stems from hundreds of years of policies.

Typically, new and used vehicles decrease in value each year. However, the average price of used cars has increased by 4.9% over the past year. As a result, many used car owners have become intrigued to sell their used cars for profit.

It can be challenging to maintain a healthy work-life balance when working from home. On the other hand, many workers have taken advantage of their company’s work from home policy to travel, start a side hustle or even work two full-time jobs at once.

Passive income can positively impact your life because you do not have to trade most of your time to earn money. Those reasons include having more financial stability, relying less on a paycheck, reducing financial anxiety, and reaching your money goals.