Top 5 Credit Cards of 2021

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Whether you are looking for the most points, most cash back, best balance transfer options, or lowest interest rates, here is a list of the best credit cards available in 2021. Best for 0% Intro, Balance Transfers & Velocity Banking Citi Bank Diamond Preferred Intro APR:0% for 18 months on Balance Transfers0% for 18 months on PurchasesRegular APR: 14.74% - 24.74% (Variable)Annual Fee: $0Brand: MasterCardBalance Transfer Fee = $5 or 3%, whichever is greater.Features:Free access to FICO® Score online.Citi Entertainment®…

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What if you don’t have credit? – Velocity Banking

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Velocity Banking uses a line of credit to pay off your ammortized mortgage or student loan. The concept includes borrowing money at simple interest to pay for a loan that charges amortized interest, thus saving you huge amounts of money on your loan. To get a good credit card or get a home equity line of credit, you need a good credit report. What if you don't have credit? You can still follow the velocity banking method to pay your…

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The 5 Best Micro-Saving Apps

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Micro-savings apps are designed to help you passively save for a savings goal. Their concept typically involves taking small amounts of money from your checking account in a way that you barely notice. Many of these apps allow you to set savings goals or customize the way you save. Here is a list of the top 5 Micro-Saving Apps. 1. Qapital Qapital is an app that offers customizable goals and rules such as the Round Up and Spend Less Features.…

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NerdWallet – the best personal finance app?

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For over a decade I used Intuit's Mint app to track my net worth, expenses, and credit score. I was tired of dealing with the sync issues in Mint so I started to look elsewhere. That is when I found NerdWallet. Like Mint, NerdWallet is free and tracks your net worth, expenses, budgets, and credit score. I was able to connect all of my accounts (banking, credit, loans, retirement, and investment) to NerdWallet without any hiccup. Open the app and…

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How to Invest in Bitcoin – Step by Step Guide

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Cryptocurrency is an unregulated and decentralized digital currency that can be used to buy goods and services. Bitcoin, the most popular crypto, has been around since 2018 and has just hit a price of $30,000 for the first time. In fact, the value increased by $5000 in the first few days of 2021. There are many people who think Bitcoin and cryptocurrency is a scam while others invest all of their money in Bitcoin. The truth is you can buy…

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Making more than $10,000 per year in bank bonuses

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I recently stumbled on the concept of making money with bank bonuses. Many different banks offer you referral bonuses or sign-on bonuses when you setup a recurring deposit or deposit a certain amount of cash. This is their way of attracting new customers. These bonuses range from $50 to as high as $1000 with most of them being offered at $250 or less. It turns out some finance-savvy people spend the time to investigate bank bonuses throughout the United States,…

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Yotta Savings – Save for a chance to win up to $10 million every week

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Yotta Savings is a no fee lottery inspired savings account that gives you the chance to win up to $10 million every week. Americans spend billions of dollars on the lottery each year, yet 40% of American's can't afford a $400 emergency expense. Yotta Savings was created as a solution to allow you to play in a lottery while you save. Yotta Savings gives you a lottery ticket for every $25 you save, encouraging you to save up money. In…

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6 exceptions in withdrawing your Roth IRA money EARLY

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A Roth IRA is a retirement savings account. Unlike a 401k, Roth IRA contributions are not tax-deductable, however earnings can grow tax-free. To withdraw your money from a Roth IRA retirement account without paying the tax or 10% penalty, you must: Withdraw money after age 59½.Withdraw money after you have held the Roth IRA account for at least 5 years. Younger than 59½? Withdraw money for one of the following exceptions:Can withdraw up to $10,000 for a first-time home purchase. Can withdraw…

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Velocity Banking – The fastest way to pay off debt?

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Before I get into this, I should explain that I have been using the velocity banking method for 1 year now, and it has already shaved off 11 years and over $54,000 of interest from my mortgage. IT WORKS!! I plan to be done paying off my new house by 2026. To explain velocity banking, I have to explain the basics. A loan is a lump sum of money you borrow and pay back over a fixed term. It is…

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How much did I make after 5 years with a Betterment Roth IRA?

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As a 25 year who had just finished paying off their student loans, I knew nothing about investing, but suddenly had extra cashflow. There were no popular personal finance YouTuber's at the time so I had to do some of my own research on investing. I decided to enroll for a Roth IRA with Betterment. Betterment is a hands-off service that helps you manage your money through guided investing, retirement planning, and cash management. They offer Roth IRA's, 401k's, Safety…

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