TessMore Finance Blog

What Is the Difference Between a Bull and Bear Market? A bull market is a time of economic success, low unemployment, and consumer confidence. Conversely, a bear market is a time of economic downturn, high unemployment, and reduced consumer spending. If you overhear a conversation about bears and bulls, it might not be about someone’s recent trip to the zoo. In fact, they may be talking about bull and bear markets. After all, 55 percent of Americans invest in the stock market. But even if you’ve invested before, you may be asking yourself, “What is the difference between a bull and bear market?” For an in-depth understanding of the differences between a bull vs. bear market and how these trends affect investment activities, continue reading this guide. What Is a Bull Market? A bull market is a time of economic growth and consumer confidence. During this time, the economy is thriving, and there are low unemployment rates. In a bullish market, you can expect stock prices to inc

If you’re looking to build, or rebuild, your credit – there are plenty of “services” available. The credit industry is big business, and choosing the right product can be hard. Credit building products are such a service, and sometimes they can help. They all have costs, so it’s important that you use the right ones, or you’ll end up paying for services you don’t need. CreditStrong is a credit builder platform that uses installment loans and savings accounts to help you repair your credit and grow your savings. But with so many other credit builder loans available, how does CreditStrong compare to the others? Is it priced fairly? We can help you figure out if CreditStrong makes sense for you, read on: Table of Contents Who is CreditStrong? How CreditStrong Works CreditStrong Installment Loan CreditStrong Savings Reports to All Three Major Credit Bureaus Personal and Business Loans CreditStrong Plans and Pricing Instal – Build Instal – Build and Save MAGNUM Plans Bu

The average American household had about $137,900 worth of debt in 2019, according to personal finance company  NerdWallet . But not everyone is able to pay off their debts in full during their lifetimes — in fact, most people in the U.S. won’t. About 73% of American consumers will have some kind of outstanding debt when they die, according to an extensive study conducted by  Credit.com . The last thing anyone wants to think about after losing a loved one is bills and debts. So it’s important to know which debts and loans you may be responsible for, and which ones you don’t need to worry about. Student Loans We’ll start with the good news. All  federal student loans  are discharged — or canceled — if the borrower dies. This means that if you took out a federal student loan that you were not able to fully pay back during your life, the loan will not be passed on to anyone else. Similarly, if your parent took out a parent PLUS Loan to help pay for your education, that loan would be c

End of life planning  can feel sad and overwhelming. It’s challenging to think about the end and having to say goodbye, but taking the time to prepare ourselves logistically and emotionally makes it easier for our loved ones to navigate the process and helps to provide us peace of mind. Here are some things you’ll want to consider about beginning the end of life planning process.  Put Your Affairs In Order The more information that is organized and prepared before passing, the easier it will be for the executors of your estate to manage the grieving process. There are a few essential steps you’ll want to take to ensure that everything goes smoothly.  Update Your Will If you do  have a will , you’ll want to make certain it’s up-to-date and official so that the people in your life are provided with and you know your wishes will be followed. A will also helps to ensure that there is a point person in your life following up on belongings, estate matters, and more.  Data And Accounts 

In today’s digital World, traditional banking is no longer popular among people. People still visit their respective banks whenever needed. However, most of their transactions are made online. From online shopping to paying utility bills and transferring money to loved ones, everything can be done with a few clicks and taps through an online bank application. Besides online bank applications, there are many dedicated applications for online banking. However, an application that has become popular for all the right reasons is PayPal – One application to securely manage all your transactions. No matter how secure the application is, the chances of getting scammed online are always there. Many PayPal users have complained about unusual activity in their accounts. Even though PayPal is quite a secure application, scammers sometimes still find ways to access your accounts. Do you suspect that someone else is using your PayPal account? You can easily know about that by checking your

Who does not love a credit card or financing plan that provides funds for the entire year? No one. With each passing day, people’s basic needs are increasing. Once considered luxuries such as washing machines, Air conditioners, and many more are now one of the most commonly used appliances in almost every other home. With so many needs and dreams, traditional credit cards and financing programs are insufficient. That’s why people started looking for annual credit cards and financing plans. Fortunately, Home Depot realized the need for annual credit cards and provided people with one. From renovation to construction projects, the Home Depot credit card covers you all year. Other than the credit card, Home Depot has many other alluring financing plans for you. Read on to learn more about Home Depot and its fantastic financing plans to encourage people to shop more and worry less. What is Home Depot? Home Depot is a popular American home improvement corporation that sells tools,

Kikoff offers a simple service – get a $750 line of credit with a $5 monthly payment that helps you to build credit by establishing a regular payment history that reports to the major credit bureaus. Some of the products may also help improve your money management and professional skills while helping your credit score. This Kikoff review shows how this tool can help improve your credit score and if it’s worth using. Table of Contents What Is Kikoff? Where Is Kikoff Available? How Much Does Kikoff Cost? Kikoff Credit Account Kikoff Credit Builder Loan Minimum Monthly Payment How Kikoff Works Kikoff Credit Account Kikoff Store Credit Builder Loan Monthly Credit Score Updates Kikoff Learning Kikoff Pros and Cons Pros Cons Can Kikoff Build Credit? Kikoff Alternatives Self Chime Extra Card Kikoff Review FAQs Kikoff Review: Final Thoughts What Is Kikoff? Kikoff is a fintech service (available on both Android and iOS) launched in 2019 and is a l

My son is in elementary school and there’s a classic question they like to ask kids who are young. Would you rather have $1,000,000 or would you rather have a penny that doubles every day for thirty days? Depending on the age of the kid, they may see “one million dollars” and opt for that. A million bucks is a lot of bucks! But if you do the math, you’d know that you want that penny. A penny doubled every day for 30 days is worth $5,368,709.12. So, in fact, you’d rather have the penny than $5 million! Even as an adult, and one that knows that exponential growth is very fast growth, might have been tempted by the $5 million rather than the penny that doubles every thirty days. Table of Contents Growth of a Penny That Doubles Every Day for 30 Days Why We Don’t “Understand” Compound Growth Key Takeaways Growth of a Penny That Doubles Every Day for 30 Days If you are curious how the penny grows in value over the course of thirty days, here it is: Day Value 1 $0.0

Bingo is a quick and easy game to play, and it makes for a fun hobby. You can play it online to occupy your free time or enjoy some friendly competition. It can also be worth playing to improve your skills for cash tournaments if that’s your cup of tea. There are plenty of contenders for the best free bingo games, and I’ve listed several below for you to try. Table of Contents The Best Bingo Games to Play for Free Blackout Bingo Abradoodle Bingo Xtreme Bingo Bingo Aloha Bingo Pop Bingo Bash Bingo Blitz Bingo Frenzy Bingo Country Days Bingo Battle GamePoint Bingo Bingo Adventure Bingo Masters Arkadium Free Bingo Bingo Showdown Word Bingo FAQs Final Thoughts on Free Bingo Games The Best Bingo Games to Play for Free The most convenient way to play bingo online is via a mobile device; they can also be PC-compatible with a Facebook account. If you’re searching for a great Bingo game, I recommend comparing the different features of the games on our list to find y