Money management has never been easier, thanks to the proliferation of AI-driven, hyper-efficient banking and investment platforms over the past few years. Whereas paying someone back used to take a few days and/or a physical meet-up, you can now instantly send money to anyone in the world. Unfortunately, many traditional banks have failed to keep up with consumers’ changing money management preferences and continue to charge for basic services like ATM withdrawals, account management, and money transfers. If you’re looking for a highly … [Read more...] about N26 Review – N26 App and Card Review
Five Professional Athletes Who Are Struggling Financially
I always find it so interesting to see some of the inner workings of professional athletes and famous people’s finances. Below are five professional athletes who filed bankruptcy and have struggled in the past financially for a variety of reasons. Five Professional Athletes Who Are Struggling Financially Antoine Walker Former Boston Celtics star Antoine Walker spent the $110 million he made playing in the NBA in a ton of different ways. He spent lavishly on himself, but many people have said that he also supported up to 70 people … [Read more...] about
Insurance Companies Can Easily Spot Fraudulent Insurance Claims
Spotting fraudulent insurance claims is an important job for most insurance companies. The mounting losses from false and fraudulent insurance claims reported by customers can reach into the billions of dollars each year. Money lost from fraudulent insurance claims comes directly out of the insurance companies’ coffers and results in an overall insurance cost increase for honest customers. Many people mistakenly think that they can get away with filing a false claim, but the insurance industry watches claims … [Read more...] about Insurance Companies Can Easily Spot Fraudulent Insurance Claims
6 Steps to Help You Save for Your Next Big Purchase
Do you need to upgrade your car in the near future? What about finally getting started on that home renovation project you’ve been procrastinating on? Or are you trying to save up for an international vacation next summer? Regardless of what big-ticket item you’re currently saving for, there are a few useful ways to speed up your progress towards your savings goals (and countless ways you may be inadvertently hindering that progress without realizing it). Rather than eliminating everything fun from your budget and living a stingy lifestyle … [Read more...] about 6 Steps to Help You Save for Your Next Big Purchase
The Pros and Cons of Using Robo Advisors to Invest
Have you been waiting to get started in investing because you think it’s confusing? Do you think that too much money is required to start, or financial advisors are too expensive? It doesn’t have to be that way. A new investment method called robo advisors has been changing the financial landscape recently. And, it’s something that you may want to consider. What Is A Robo Advisor? A robo advisor is an online wealth management service that provides automated, algorithm-based investment portfolio management advice without the use of … [Read more...] about The Pros and Cons of Using Robo Advisors to Invest
Why You Cannot Sue Your Neighbor or Insurance for an Act Of God
An act of God, believe it or not, is a legal term describing events outside human control, such as floods or other natural disasters, for which no one can be held accountable for themself. In contract law, an act of God may be interpreted as implied deference under the rule of impossibility. If that is the case, whatever contractual promise was made is discharged because you cannot sue for an act of God, which would result in unavoidable or insurmountable delay or expense. Why You Cannot Sue for Damages from an Act of God Since this act … [Read more...] about Why You Cannot Sue Your Neighbor or Insurance for an Act Of God