TessMore Finance Blog

Netflix offers and payment plans are country-specific. The payment methods for these subscriptions and plans are also country-specific. Therefore, users may face issues making a Netflix payment for various reasons including using the wrong payment method and subscription plans. Let us discuss what Netflix payment plans and possible reasons for a declined payment for your account are. Netflix Payment Plans – An Overview Netflix payment plans vary by country. The US viewers can subscribe to three payment plans including the Basic, Standard, and Premium plans for $9.99, $15.49, and $19.99 respectively. Each payment plan offers access to 1,2, and 4 screens respectively. If you’re trying to use the same account for more than this screen limit, Netflix will deny access. The monthly payment cycle renews on the date you subscribed to a plan for the first time. You can upgrade to the next payment plan or purchase add-ons depending on your needs at any time. Netflix accounts and screen ti...

My mother died Monday night. She was 74. Earlier this week, I began writing a memorial for her. I know I haven't talked much about Mom here at Get Rich Slowly, but she probably played the biggest role in molding me into the person I am today. After writing 2500 words, I realized I have a lot to process. And maybe Get Rich Slowly isn't the place to publish a tribute to her. I don't know. In any event, I'm taking some time off. For the next few weeks, I'll be dealing with the logistics of Mom's memorial service and her estate. And while I'm taking time away from Get Rich Slowly to handle these things, it feels like a good opportunity to tackle a few big projects I've been putting off — including the “de-design” of this blog. My plan is to take a three-month sabbatical. I may indeed publish a bit here and there — and I'll regularly update the “Spare Change” section on the front page and send the GRS Insider email newsletter — but my intention righ...

The U.S. Postal Service sells Forever stamps to snail mailing patrons. But how exactly do Forever stamps work, and how much are they worth in 2022? In this article, we’ll share everything you need to know about Forever stamps and explain how you can use them to your advantage. Table of Contents What Is a Forever Stamp? Is There a Price Listed on a Forever Stamp? How Much Are Forever Stamps Worth in 2022?  A History of the Forever Stamp Should I Buy Forever Stamps?  How Many Forever Stamps Should I Buy?  Will the Price of a Forever Stamp Increase?  Final Thoughts on Forever Stamps What Is a Forever Stamp? A Forever stamp is a first-class postage stamp you can purchase and use forever.  As you know, sending items in the mail costs money, and the prices vary based on what you are mailing. Typically, the weight of the envelope or box you are mailing is a factor in determining what your postage cost will be.  You can use a first-class po...

There are a lot of tax benefits when you own your home. Some people overstate how valuable they are, as if the tax benefits alone justify homeownership (they doesn’t), but they exist. And to take full advantage, you need good records. The biggest benefit is the home appreciation exclusion of $250,000 ($500,000 if you are married filing jointly). If your home appreciates and you sell it, you can exclude that amount from your taxes – you don’t owe capital gains on it. Good records are important because some home-related expenses are classified as improvements and increase the cost basis of your home. Others are considered “maintenance,” which do not increase the cost basis of your home. This means that some of your expenses have the benefit of reducing your future tax burden when you sell your home, so it would benefit you to keep a good record! How does this work? Table of Contents How does the Home Appreciation Exclusion Work? How to Calculate Tax Basis on a Home What is an ...

This is the year — you just know it. You finally gave that side gig you’ve been dreaming about a real shot and it’s starting to pay off in more ways than you thought. What started out as just a hobby for baking quickly turned into opening your very own brick-and-mortar bakery on the corner. Now, you’re left wondering if it’s time to take the next step and make your side hustle your full-time job , but you want to make sure it’s the right financial decision.  In this post, we’ll teach you how to measure the efficiency and profitability of your company by using the gross profit formula, to help you understand if you’re making the right decision. By subtracting the cost of goods sold (COGS) from your revenue, you can find the gross profit, and make data-driven decisions about where to invest and where to save.  Calculating profit margins allows you to clearly see if your side job is ready to turn into a full-time business.   How to Calculate Gross Profit Gross prof...

If you think that creating an estate plan is only for the sick or elderly, think again. It’s an unfortunate truth that death can happen to anybody at any age, and you wouldn’t want to leave your family to pick up the pieces of a disorderly estate after you die while they sort out their grief. Instead, take a weight off their shoulders and create order in your absence. Every time you stop and think about what will happen to your possessions after you die, you’re in the beginning stages of estate planning. But now may be a good time to take those plans a few steps further with our guide to estate plans and how you can create one — no matter your age.  By taking charge of your finances and learning about estate planning, you can feel confident that you took a necessary step in protecting your family and your assets.  What Is Estate Planning? Estate planning is the act of hiring an estate planning attorney — or fiduciary — to help you prepare the transfer of your assets, poss...

Mutual funds are an important part of investing in the stock market. While you can buy and sell individual stocks directly, that can come with a higher risk (and a higher potential reward). When you buy and sell shares in one individual stock, your performance is tied solely to the performance of that stock and company. In the absolute worst-case scenario, if you invest all of your money in one company’s stock, and the stock price goes to $0, you will end up losing everything. The good news for investors is that mutual funds can hopefully be a way to reduce your risk and still capture a good chunk of the potential investment return. In this article, we’ll talk about what mutual funds are, how to select the right mutual fund for you and how to get started.  Active vs. Passive Mutual Funds Before talking about why you should consider investing in mutual funds , it’s a good idea to take a step back and understand that there are actually two main kinds of mutual funds: Active mutu...

In the article we will fFundamentally break down how banks make money. , Bbanks earn their money by lending the money you deposit to other people.  For example, if you deposit $1,000, a Big Bank pays you a small amount in interest to hold on to that money, then turns around and lends it out at a much higher percent for a home loan.  Assuming that everyone repays their loans in full, the bank makes a huge return on their money for simple arbitrage. But here’s how they really make tons more money. Traditionally, banks make money from the difference between the interest rate they pay for deposits and the interest rate they receive on the loans they make. They also earn money from customer fees and interest on the securities they hold. How Banks ACTUALLY Make Money – The Truth FEES, FEES, FEES. In 2017, banks made more than $34 billion from overdraft fees alone. For example, if you’re using a debit card and accidentally buy something for more money than you have in your chec...

In this article we’re going to cover how many savings accounts you can have.  On paper it seems like a good idea to have multiple accounts, especially ones with higher rates. However, it’s usually a waste of time to be chasing the next highest savings percent rate. Multiple Savings Accounts There’s no limit to how many savings accounts you can have open. Typically, banks will allow you to open as many savings accounts as you want to. I can’t think of a reason why you would need more than one savings account.  Do me a favor: If your bank account offers one rate and another bank starts offering a slightly higher rate, don’t change accounts. Half the time, those rates are simply introductory teaser rates that will drop after six months.  I’d rather take a slightly lower interest rate if it’s at a bank I can trust to give me great service over the long term.  But there are a lot of dorks who spend every waking hour online digging up the best interest rate and swi...

In this article, we will cover bank fees, why you get them, how to avoid them, & how to negotiate them. It’s important to know how to properly optimize your accounts or you’ll end up paying fees & bank charges that can easily be avoided. One of the biggest secrets to avoiding fees and properly using your account is talking to an actual customer service rep, either in person or on the phone. Don’t Run Away Your Bank Fees (Fix Them) Yes, nerds, you might actually have to pick up the phone. For some reason, half of my friends are afraid of talking to people on the phone.  I have a friend who recently lost his bank password and, for security reasons, had to call the bank to prove who he was. He turned into a Stockholm syndrome victim in front of my eyes, muttering, “It’s not that important. They’re right. I’ll just wait until I go into the bank” over and over. He didn’t get his password for four months! What the hell is wrong with people?  You may not like to talk on...

In this article we’re going to cover the types of bank accounts, which ones you should have, and what each one can do for you. The two main types of bank accounts are your checking and savings accounts. These two are the main types and are essential to a healthy financial life. It’s important to know how to set them up and how to make them work for you to get the most out of them. Checking Accounts Your checking account is the backbone of your financial system. It’s where your money will first go before it’s “filtered” to different parts of your system, like your savings account, your investing account, and your guilt-free spending. That’s why I believe in picking the best account, then moving on. As you know, checking accounts let you deposit money and withdraw money using debit cards, checks, and online transfers. I think of my checking account like an email inbox: All my money goes in my checking account, and then I regularly apportion it out to appropriate accounts, like savin...