On Wednesday, July 13, 2022, crypto bank Celsius filed for Chapter 11 bankruptcy. The digital asset firm mentioned extreme market conditions led to a surge in customer withdrawals, ultimately hurting their operations.
by Matin VarshochiA secured credit card requires the cardholder to make a security deposit, whereas an unsecured credit card doesn't. Both can be a great tool for building a positive credit history and improving your credit score; each has its advantages and disadvantages.
by Pam HillSaving for retirement is essential for living a comfortable life after working for many years. Depending on the line of work, different types of Individual Retirement Accounts (IRAs) are available to help a person maximize their retirement savings.
by Matin VarshochiCapWay is a financial technology company that offers digital banking services. This means that you can access all your transaction information on the CapWay (iOS or Android) mobile app or CapWay website.
by Sheena AllenChildren are never too young to learn about finances. Shifting your mindset will ultimately help you mold your children's mindset to a wealth mindset. Here are my top three tips to help expose your child to wealth-building habits and ownership.
by Tammira LucasIt is time to discuss Black wealth when it comes to life insurance and creating a plan for yourself and your family. Even more, it is a time to shift the narrative from being only about death to instead shining a light on its generational benefits.
by Nadia C. VanderhallNo one plans to work forever; typically, most people wish to spend the latter years of their lives doing things they enjoy. To have fun in the later years or to live comfortably after you retire, a retirement plan must be in place to benefit from.
by Nailah HerbertWhether you are new to investing or you’ve been investing for a while, it’s always good to research different investment options that can better fit your financial goals. Depending on your financial goals and risk tolerances, investing can be a potential avenue to build wealth because it allows your money to work for you.
by Nailah HerbertThe COVID-19 pandemic shed light on how dire many Americans' financial state is, and having money in your savings account can help you to feel financially at ease.
by Nailah HerbertSaving and investing are both important when you want to secure your financial future. But you will need to understand when it is best to invest and when it is best to save.
by CapWayWhen choosing a bank product (i.e., debit cards, credit cards, opening bank accounts), you must ask yourself key questions before making your decision. Most people choose their financial institution based on convenience; it’s close to your work, or the process of opening an account is hassle-free.
by Nailah Herbert