Dori Zinn has been covering personal finance for nearly a decade. Her writing has appeared in Wirecutter, Quartz, Bankrate, Credit Karma, Huffington Post and other publications. She previously worked as a staff writer at Student Loan Hero. Zinn is a past president of the Florida chapter of the Society of Professional Journalists and won the national organization's "Chapter of the Year" award two years in a row while she was head of the chapter. She graduated with a bachelor's degree from Florida Atlantic University and currently lives in South Florida.
With a checking account, you get a debit card to spend your cash nearly anywhere you wish. But many people can’t qualify for bank checking accounts, and in a world where card transactions are increasingly common, that’s a problem. This is why prepaid debit cards like NetSpend are a billion-dollar business, with more card options appearing each year. We’ll review some of the benefits NetSpend cards provide, as well as the fees and headaches. If you want to learn more about good spending habits and long-term goals, consulting with a financial advisor may be a good next step. Read more
Owning a home is an important goal for many people. But with mortgage, downpayment and credit requirements, many can’t yet afford to buy as soon as they’d like. For some in this situation, rent-to-own homes are an attractive option. It can give motivated people a means to assume ownership in stages, although like many loan arrangements it carries some risks. We’ll explore the pros and cons of rent-to-own homes here, but consider a consultation with a financial advisor to learn how home ownerships can benefit your long-term plans. Read more
Many companies have a chief investment officer (CIO), someone who’s in charge of a company’s financial assets. They typically manage long-term investments, portfolios of securities, pension funds, ensure adequate liquidity and a team of financial experts. Not all companies need to hire a full-time CIO, who is sometimes a director, and some can’t afford such a full-time salaried position. Instead, some companies are better off outsourcing CIOs. Here’s what an outsourced chief investment officer (OCIO) is and when it’s a good time to hire one. Read more
Investments come in many different forms. At one end are stocks, which are considered fairly high-risk, but can give you high returns. On the other end are low-risk investments, including the money… Read more
If you’re looking to maximize investment returns, perhaps you should think like a gambler. The Kelly criterion was used by horse racing gamblers in the late 1950s. Today, Warren Buffet and others use… Read more
There was a time where finances and technology were separate, like church and state. If you needed money, you went to the bank. If you wanted to play games, you used a machine. But now, there is… Read more
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