Saving money is a good idea. Saving money in a way that allows it to grow and create more money through interest is a better idea. Opportunities to increase the rate at which interest is being earned with your saved money (without increasing your risk to losing that money) are worth giving some attention. High…
Our goal at Prosperopedia.com is to help you be informed about things that affect your financial well-being so that you can make decisions. In this article, we will discuss Wells Fargo Bank. I’ll explain some of the details about the bank and what products and services it offers as well as summarizing reviews that the…
This morning I received an email from Wealthfront, where I opened a savings account to take advantage of their industry-leading (as far as my research showed) 2.57% interest rate, no fee savings account. The email stated that because of a recent change to the federal funds rate, they APY for my savings account (similar to…
Video Review from Wealthfront Account User The video review I’m including below of Wealthfront is a detailed review from an actual Wealthfront user, a vlogger who calls himself Wander001, who has been been using Wealthfront for over 3 years. In his review, he explains his experience using Wealthfront’s cash accounts as well as their robo-investment…
One of the benefits of working hard and getting ahead is having the opportunity to invest some of your hard-earned money into something that will produce more money. As my career developed, my businesses grew over a 10 year period, and I found myself having more and more cash available, it occurred to me that…
Over the past few months, I have been wading into real estate investing by purchasing a couple of nightly rental condos in the Saint George, Utah area. Because this is my first experience with nightly rentals, and due to the fact that I already have more things on my schedule than I currently have time…
One of the resources I’ve begun using as I’ve waded into the waters of real estate investing is an organization called BiggerPockets, which was created to encourage real estate investment by building a community and disseminating educational and other information about how to go about real estate investment. Probably the biggest hurdle (outside of having…
The past 20 years of my career (pretty much my entire career) have been spent primarily building online businesses, including projects like this website. I’ve had more success earning money than I could have ever imagined when I started close 20 years ago, but I have had this nagging feeling throughout the last 10-15 years…
Credit Reporting Agencies and FICO Score Understanding how significantly your credit score affects your access to borrow money, you naturally want to know what factors affect your credit score. I will answer that question for you, and I’ll provide other details related to credit scores that should help you make good financial decisions as you…
For several years, I’ve been interested in getting into real estate investing. My internet businesses have done well enough for me to save up some cash that I can use to start looking at properties and getting my feet wet with some real estate investments. I’ve been looking at purchasing some property in Tennessee recently…