Advice

Student loan forgiveness: It actually happened

Key Points and Takeaway Biden forgave $10k of student loan debt ($20k for Pell Grant Recipients) for individuals with income below $125,000 ($250,000 for married couples). Current students are also eligible. Moratorium on payments will end and payments shall resume on January 1, 2023 Information on how to claim student loan relief will be coming soon. Sign up here to be notified when information is … Continue reading Student loan forgiveness: It actually happened

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Advice

PrizePool: friends have benefits with this prized-based savings account

A dollar saved is a chance to win $10,000 every week. PrizePool is another prize-based savings account similar to Yotta. The accounts have a lot in common: FDIC insured through Evolve Bank & Trust up to $250,000 Users win interest via a lottery system with recurring tickets awarded for saving money Users get debit cards for easy access to funds Rewards for referrals and not … Continue reading PrizePool: friends have benefits with this prized-based savings account

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Advice

That’s a Yotta Cash! New $250,000 rolling “Hot Pot”

Yotta, the lottery savings account is once again mixing things up. This time they are making their savings account more like the lottery with a $250,000 prize that grows the longer someone does not win it. If you are not familiar with Yotta, it is a lottery based savings account that pays you 0.2% APY plus winnings from tickets (up to a grand prize of … Continue reading That’s a Yotta Cash! New $250,000 rolling “Hot Pot”

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Reviews

Bobbie’s Book Briefs: The Millionaire Next Door

Recommendation: 10/10 Best Version: AudiobookVersion Consumed: Kindle e-book and Audiobook While this book and the underlying study comes from the 1990s much of the information is still relevant to those seeking to be financially independent today. Some of their metrics – such as not buying a home that is more than double your income – would not hold true today since the market was very … Continue reading Bobbie’s Book Briefs: The Millionaire Next Door

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History, Trivia

William Langer, the (short-lived) dictator of North Dakota

The economic tumult of the 1930s wrought considerable havoc in governments around the world, and the United States was no exception. Huey Long, a left-wing populist governor and Senator in Louisiana, is the most well-known emblem of authoritarian American politicians during this era. The comparatively ineffectual William Langer is much less studie Langer was elected North Dakota governor in 1932 as a member of the … Continue reading William Langer, the (short-lived) dictator of North Dakota

Andrew G. Johnson
Advice

Land of the free, unless you are not rich: Celsius freezes access to U.S. users

Earlier this year, BlockFi settled claims with the SEC regarding its crypto interest platform’s U.S. user base. Part of this settlement required BlockFi to no longer offer these services to United States residents. There was an exception for U.S. users with funds already in the interest platform, allowing those funds to continue earning interest, but any additional funds could not be added to the interest account. Continue reading Land of the free, unless you are not rich: Celsius freezes access to U.S. users

Bob Bennett
History, Trivia

Britain’s last witchcraft imprisonment was during World War II

Witchcraft trials tend to conjure images of Salem or medieval Europe. This connotation implies that witchcraft convictions are a convention long abandoned by the vast majority of the world, a mere relic of ancient superstition. In fact, Great Britain persisted with witchcraft convictions well into the twentieth century. Helen Duncan is known as the last British person to be imprisoned for witchcraft under the country’s … Continue reading Britain’s last witchcraft imprisonment was during World War II

Andrew G. Johnson
Advice

Ethereum works smarter, not harder: The switch from proof-of-work to proof-of-stake

In the beginning was the Bitcoin. The blockchain technology behind the pioneering cryptocurrency follows a “Proof-of-Work (PoW) model.” Ethereum, like Bitcoin, currently uses this same Proof-of-Work framework. However, this summer, Ethereum is switching to a Proof-of-Stake (PoS) model, a significant move for Crypto to a more sustainable and scalable system. Proof-of-Work Proof of work (PoW) is a decentralized consensus mechanism that requires members of a … Continue reading Ethereum works smarter, not harder: The switch from proof-of-work to proof-of-stake

Bob Bennett
Advice

When free swaps are not free: How exchanges charge hidden fees in crypto

The crypto exchange Celsius launched a beta for its “free swaps” program. Swaps are converting from one crypto to another rather than selling one for USD and then buying the other. These swaps are beneficial because you are removing an extra transaction and the fees associated with those transactions. Now Celsius is launching its swaps program with a major advantage over its competition – no … Continue reading When free swaps are not free: How exchanges charge hidden fees in crypto

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