TessMore Finance Blog

Passive income the old-school way. CDs are back in style. And with some CD rates at 5% , it’s easy to see why. As you know, a certificate of deposit (CD) is a type of savings account that allows you to deposit your money for a set term. The term is usually from one month to several years. In exchange for holding your fund for the entire term, you are guaranteed a rate of return. CDs are often considered a low-risk investment option, as they offer a fixed rate of return and the security of FDIC insurance . But are CDs FDIC insured? The answer is yes , but with some important caveats. Let’s dig into the basics of FDIC insurance and how it applies to CDs (traditional, joint, and brokered). What is FDIC Insurance? Here’s the boring explainer. But it needs to be done. The Federal Deposit Insurance Corporation (FDIC) is an independent U.S. government agency. It provides deposit insurance to protect depositors in case of a bank failure. FDIC insurance covers deposits up to $250,000

It can be tough to find fun birthday ideas. After all, you must consider your budget, the age of the person whose birthday you're celebrating, their likes, dislikes, and more. To help you get inspired, we've compiled a list of birthday ideas spanning all age ranges and tastes. Ready? Let's get started! Fun Birthday Party Themes Below is a list of 10 birthday party themes. The great thing about choosing a theme for your party is that it makes it easier to come up with the rest of the plan, like decorating, food, and games. For instance, having a Fiesta-themed party can include Mexican foods such as tacos, Spanish rice, and a nacho bar. A cinema-themed party can include showing a classic movie favorite. Start with your theme idea and expand it to create an unforgettable party. You might even find a unique gift idea and design your party theme around the gift. For example, if your daughter wants cowboy boots as a gift, a Western-themed party could be an excellent way to

We are all motivated by different things. I’m strongly motivated by freedom in how I spend my time. I was fortunate that I realized this early on in my career. Whenever job interviewers would ask “what interests you most about this job?” I knew my top answer of “the money” wasn’t going to cut it 😂 and that I had to come up with something far more inspiring. That was the truth though – the money. Money buys you time. And while I didn’t know the term “financial independence, retire early (FIRE)” yet (it wouldn’t be coined until later), I knew that I wanted it. I wanted financial independence. And financial independence is simple – just have more money than you expect to spend in your lifetime! Easy right? Looking back, it does feel a little bit mercenary to just look at jobs as a way to earn, but it meant that I wasn’t motivated by something far more pernicious – status . Status games are dangerous and expensive. If you end up playing against someone in a status game, you run t

Meal delivery jobs are among the most popular in the gig economy, as they enable you to earn decent pay while maintaining a flexible schedule. It also helps that there are so many delivery apps to choose from. DoorDash and GrubHub are two of the most popular platforms for food delivery drivers because they allow you to earn money in big cities and small towns. While you can deliver for multiple apps, you may want to focus your efforts on one service to maximize your income. This DoorDash vs. GrubHub comparison will help you decide which food delivery app is right for you. DoorDash vs. GrubHub: Quick Facts DoorDash GrubHub Availability 7,000+ cities 4,000+ cities Minimum requirements 18 years old Car, bike, or scooter Personal background check 19 years old Car, bike, or scooter. Personal background check. Checking account with direct deposit (to avoid instant deposit fees) Potential Pay Up to $25/hour Up to $23/hour Weekly Pay Dates Wednesday nights Thu

Let’s save some money! Here are 104 ways to save money . Why save money? Well, so you can afford your future. So you won’t have to rely on credit to get you by. So you can do some fun things. There are lots of reasons to do it. Why 104? Because it’s double my other list, 52 Ways to Make Extra Money , and I like a challenge. Okay, let’s get started with the savings! To make it easy, I’ve broken the different ways into handy categories: Ways to Save Money Fast Want to save money fast? Get ready to hustle and cut back on unnecessary expenses. 1. Return Things What did you recently purchase that you could return? Past the refund date? Don’t have a receipt? Who cares. Try anyway. Returning things you no longer need or want will help you get back some of the money you spent on them. This is a quick win. 2. Score a Signup Bonus Have you tried capitalizing on sign-up bonuses? Look for some right now. With some companies, you can earn more than $100 just by registering and following a