Fiat Currency Definition
Fiat money is a type of currency that’s issued by a government and is not backed by physical commodities, such as gold. The U.S. dollar, the euro, and the pound are examples of fiat money.
Could you imagine having to carry gold when buying…
Cake is a cloud-based point-of-sale system for restaurants, bars and cafes, both large and small. For restaurant owners looking for a customizable system, it’s a solid choice. The company carries its own splash-resistant terminals and sells software packages that include…
Lenders make auto loans for bad-credit borrowers all the time. About 1 in 6 auto loan borrowers in 2021 had credit scores below 600, according to credit reporting company Experian. But borrowers with low credit scores pay a lot more. For example, on a $30,000, 60-month…
If you are among the roughly 1 million homeowners the Mortgage Bankers Association says are in mortgage forbearance, you may have thought about selling your home. Although, yes, you can sell your house in forbearance, that doesn’t mean you have to, especially if you have…
You placed an order last week and still haven’t received the shipping confirmation. Or maybe the package is in transit, but its location hasn’t been updated in days. The supply chain issues that experts warned us about heading into the holiday shopping season have…
Freeway Insurance is a national chain that focuses on auto insurance for drivers considered “high risk,” such as those with at-fault wrecks, tickets or DUIs on their records. Freeway isn’t an insurance company and doesn’t underwrite its own insurance policies.
Everybody likes to save money anywhere possible. Grocery shopping is of particular interest to many money savers, because food and grocery purchases are one of the highest monthly expenses for most people. There are many different ways to save money on your overall food…
Southwest has made a slight tweak to its terms and conditions that has potentially significant implications for those hoping to earn Southwest A-List elite status. Now, you can spend your way to A-List status on Southwest — without even setting foot on a plane. For years…
With an $82,000 pile of debt, buying a house seemed far in the distance for Ehren Sixon and his wife, Florida residents who embarked on a debt-free journey in 2016. They opted for the debt snowball method, a debt payoff strategy that encourages motivation by quickly…
Rerouting, rebooking, diverting, you name it. Making last-minute flight changes can be an enormous stressor amid an already stressful holiday travel season. Hundreds of flights have already been canceled last-minute due to pandemic-related staffing shortages. Perhaps a…
An Economic Injury Disaster Loan, or EIDL, is a 30-year loan of up to $2 million from the Small Business Administration for small businesses that are in disaster areas and can’t pay their ordinary and necessary operating expenses. The interest rate can’t exceed 4%. How…
Until late October, community college in the U.S. was the closest it’s ever been to becoming free for everyone nationwide. A $45.5 billion proposal for two years of free community college, part of the Biden administration’s “Build Back Better” agenda, promised…
Medigap Plan K is a Medicare Supplement Insurance plan that covers some out-of-pocket expenses for Medicare Part A and Part B beneficiaries. Plan K differs from most other Medigap plan options because it pays only part of the cost of the services it covers, but that reduced…
You might be familiar with down payment gifts, when a family member provides home buyers cash that they can put toward the down payment of a home. But what about the equally valuable gift of equity?
This is when someone, usually a family member, sells a home to buyers for a…
With the cost of gas soaring, it’s not uncommon to hear people say, “I’ve really got to buy a hybrid.” If your goal is to save money, this could be a disastrous move unless you needed a new car anyway. While you might save money at the pump, the cost of prematurely…
Small-business insurance can help protect plumbers from claims of bodily injury and property damage, as well as other damage or accidents that occur while on the job. Employers, cities or states may require that plumbers carry business insurance in order to begin work on a…
Square costs fall into one of three categories: per-use fees for payment processing, a monthly subscription cost for software and the price of any Square hardware you buy. The basic Square point-of-sale app is free to use. You’ll only pay the standard transaction fee of…
Whether you’re planning for college or thinking about retraining, consider setting your sights on jobs that will be most in demand in the future. Not the sci-fi “hotel concierge on Mars” future, but the next-decade future. The best jobs for the future are ones that are…
Zillow scrolling is a hobby (or habit) that became popularized during the COVID-19 pandemic. While looking at house listings on Zillow or other real estate listing sites is something that has existed as long as those sites have been around, its popularity skyrocketed during…
If you’re trying to free up room in your budget, it never hurts to start by addressing unnecessary expenses. That could mean cutting out subscription services you never use, renegotiating your bills or refinancing debt to a lower interest rate.
But once you’ve…
