Bob Haegele

Credit cards are much more than a convenience — they can be a powerful tool to get more bang for your buck. Some credit cards offer hundreds of dollars worth of rewards if you can meet the minimum spending requirement.

Here’s a closer look at how the Chase Freedom Unlimited and Chase Slate Edge compare, including how to decide between the two if you’re torn.

Mutual funds allow investors to diversify their portfolios by purchasing a broad range of assets in a single fund. Investors can buy mutual funds online directly through a fund provider, an investment company, or an online brokerage. Here is how you can get started in investing in mutual funds online.

The Sofi Credit Card is a cashback credit card that incentivizes people to save, invest, and pay down debt. It earns 3% cash back for the first year when you set up direct deposit, after that earns 2% unlimited cash back when redeemed toward investing, saving, or paying down an eligible loan with SoFi.

Index fund investing has several benefits that make it perfect for beginners. For example, they often charge low fees, require little maintenance, and may provide built-in diversification.

Balance transfer cards are credit cards that let you bring over a balance from a different, high-interest credit card. Getting out of debt can be challenging, but balance transfer cards generally have low introductory rates that help you save on interest while you focus on repayment.

Credit cards are much more than a convenience — they can be a powerful tool to get more bang for your buck. Some credit cards offer hundreds of dollars worth of rewards if you can meet the minimum spending requirement.

The Capital One Platinum Secured Credit Card allows you to open a $200 line of credit with a security deposit that starts at just $49. The card doesn't earn rewards, but it also has no annual fee.

There is no shortage of ways to invest out there. You could invest your money in dozens of asset types, but many might require a solid level of research and investment experience to invest properly.

There are many reasons you might want to switch brokers, including looking for better fees or other investments your firm doesn’t offer. Although you might think switching brokers would be difficult, in most cases, you can move your investments without much trouble.

The stock market has struggled throughout 2022, with many stocks failing to provide positive returns for investors. The S&P 500 has entered a bear market as the economy struggles with inflation, the Federal Reserve continues to raise rates, and recession fears spook investors.

We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Read more
You can definitely count on your credit bill arriving every month, thanks to your billing cycle, or the length of time between one statement’s closing and the next. But what exactly is your billing cycle and how does it work? And does it impact your credit score? Many of us aren’t too sure, even if we regularly swipe and tap our cards in daily life. S...

We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Read more
When searching for a good interest rate for a savings account today, you’re lucky if you find a rate close to or over 1%. To snag the best possible rate, you will probably be banking at an online bank. These financial institutions, which don’t have bricks-and-mortar branches, tend to pay more than traditional banks. They save money by being virtual an...

We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Read more
In most cases, it isn’t possible to overdraft a credit card. If you opt in to over-the-limit charges, it may be possible to exceed your credit card’s limit. However, “overdraft” usually refers to overdrawing a bank account, not a credit card.
It’s more likely that your purchase will be denied rather than overdrawn. If you do go over the limit, you mig...

If you rent or are thinking about renting, you may be considering renters insurance to protect yourself financially if your belongings are damaged or stolen. Here’s what to know about how renters insurance works.