TessMore Finance Blog

“To Whom It May Concern” has traditionally been used as a formal salutation in cover letters and other business correspondences.  It’s been around for decades, so odds are that you’ve seen it in one form or another. These days it’s overused (and sometimes misused) by people all over the world.  Salutations are your first impression with hiring managers or potential business leads. The wrong choice can make them feel like you haven’t researched the position, and a great one can set the tone for a great relationship.  By reading this article you’ll know exactly when to use “To Whom It May Concern” and when to avoid it like the plague. Plus, we’ll even throw in some handy alternatives you can use next time you’re on the fence.  Table of contents Why people use “To Whom It May Concern.” When to use “To Whom It May Concern.” The correct way to use “To Whom It May Concern.” When to avoid using “To Whom It May Concern.” “To Whom It May Concern” alternatives. Let...

If you’re looking to get the best interest rate on your short-term savings, your best option is likely an online high-interest savings account . But with so many options, it can be hard to decide where to place your money. The Marcus Online Savings account and the American Express Online Savings account are popular options. Both offer attractive interest rates and no monthly fees. But while you can’t really go wrong with either account, I’ve created a head-to-head comparison to help you determine which is better for your money. Table of Contents Marcus vs. Amex Savings: Key Features Summary of Features American Express Online Savings Review Other Products AMEX Pros AMEX Cons Marcus Online Savings Review Other Products  Marcus Pros Marcus Cons Amex vs. Marcus: Which One Should I Choose? Marcus vs. Amex Savings: Key Features To begin our comparison, here’s a chart summarizing the main features of the two accounts. From there, we’ll dig into the details o...

N ervous about your upcoming part-time job interview? Don’t be! We’ll help you to ensure you hit it out of the park. To equip yourself with confidence, check out our list of popular part-time job interview questions and learn how to answer them like a pro. What Part-Time Job Interview Questions Should You Be Ready For? So you’re applying for a part-time job ? Here’s a list of the common questions you should be ready for. This isn’t a complete list, but it’s a great place to start (and we’ve go 60 more below): “Why are you interested in this part-time position?” Seize this moment to demonstrate your passion for the job and organization. Mention specifically why you are an ideal candidate, citing relevant skills and experience; explain how this role suits your career objectives in the long term. “What are your availability and schedule like?” Employers must comprehend your availability to ensure you can be present during the job’s required hours. Be honest and transparent about y...

I f you told me half a decade ago that I would be making a great living creating content on YouTube, I would have thought you were crazy. But, believe it or not, that is the exact position I find myself in. I even wrote a book about this journey called “ From Side Hustle to Main Hustle to Millionaire .” But let me tell you. It is very different to run a YouTube channel as a business rather than a hobby. When relying on income from the channel, it’s much harder to withstand the wild fluctuations that can happen with views and corresponding ad revenue. Luckily, I figured out the solution to this problem–income diversification. What Are the Ways to Make Money on Youtube? The most common way to make money on YouTube is through ad revenue. But you can also make affiliate sales, sell your digital products, and get off YouTube through blogging or physical products. By having many different sources of income, they have the potential to offset each other. Maybe the YouTube ad revenue is d...

There’s some debate as to whether financial literacy for the extremely poor provides value. I argue that it indeed does, not only in the present, but in the long term, both in improving financial conditions and in breaking the repetitive cycle of poverty. The argument against financial literacy for the extremely poor is that it doesn’t provide value, that it is insufficient to meet the needs of society’s most impoverished. The argument is that financial literacy is for the middle and upper classes, those with financial resources to manage and grow. Let’s look at what is right and not-so-right with this argument. The Argument Against Financial Literacy for the Poor Financial literacy from its roots has aimed for inclusivity. A primary objective of the financial literacy movement is to reduce the socioeconomic gap, which, naturally, is geared toward improving the financial conditions of the poor. You could reduce the socioeconomic gap by reducing the wealth of the middle and upper cl...

S uppose I was a recent college graduate passionate about creating content on YouTube . In that case, I might need help finding work in the creator economy. I may have scoured job boards and reached out to YouTubers directly, but I may have always come up empty-handed. You may feel the same way. You may feel like you are spinning your wheels and not getting anywhere. When you see YT Jobs, it will change everything for you. YT Jobs is a new job board for YouTubers seeking freelancers’ help. The platform allows YouTubers to create profiles and post job ads (free for a limited time) for various positions, including video editors, channel managers, and thumbnail designers. In this post, I’ll share my experience with YT Jobs, including creating a profile and posting a job. I’ll also share my thoughts on the platform and the positions available. Features of YT Jobs You can create a profile at YT Jobs, whether a freelancer or a Youtuber / Channel Owner. As a Youtuber, you can then ...

Investment funds that track the S&P 500 index make up the core holdings in many investment portfolios, and Fidelity’s S&P 500 Index Fund (FXIAX) and Vanguard’s S&P 500 ETF (VOO) are two of the most popular. Of the two, which fund should you choose for your portfolio? The choice isn’t an easy one because the funds are nearly identical. Each one tracks the performance of the S&P 500 index and is part of a major investment fund family, offering incredibly low expense ratios. Meanwhile, the performance differences between the two are practically invisible. Either fund is an excellent choice to represent the S&P 500 portion of your portfolio. Even so, breaking down both funds will help you identify small differences that might make one more attractive than the other. Table of Contents Fidelity S&P 500 Fund vs Vanguard S&P 500 Fund FXIAX vs. VOO: A Head-to-Head Comparison Holdings FXIAX VOO Performance FXIAX vs. VOO: Is One Better than the Other? ...

D o all these savings account interest rate increases have your head spinning about where to stash your cash? It’s great that we’re finally earning interest on our money again. But rates are changing quickly. It’s hard to know where to save. That’s where the revolutionary savings platform from Raisin, called SaveBetter , comes in. They act as a custodian of your savings and put them into the high-paying savings account of your choice. Don’t worry. I’ll explain more. I’ve been trying SaveBetter, and I’ll share all I know in this comprehensive review. What is SaveBetter? SaveBetter is a savings platform. Not a bank. They partner with different banks and credit unions and their respective savings products (accounts, money markets, and CDs) and allow you to save into these products through their platform. They act as a custodial account for your savings, allowing you to tap into multiple savings products under one account. That’s the point of the service. Get the best savings rate...

For most, 2022 was a year of record layoffs, economic uncertainty, and runaway inflation. Yet,  4,000+ people  quit their job in October alone.  What might this mean? For starters, many “survivors” report feeling burnt out from having to  pick up the slack of their ex-teammates. Like them, nobody knows how layoffs (and a looming recession) will affect the workplace. Now, more than ever, it’s important to stay one step ahead of the game. Here’s to go how to quit a job, the right way.  Table of Contents Before Quitting a Job Consider all your options Make sure to give enough notice period How to professionally quit a job Quitting in a negative situation What you need to do after quitting a job Frequently Asked Questions Will I get my paycheck if I quit my job? Can I quit my job without warning? Is it better to quit or be fired? Conclusion Before Quitting a Job Whether you’re seeking a healthier work environment, are ready to pursue you...