TessMore Finance Blog

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners . College can help unlock a world of possibilities. However, having to pay for college tuition can feel like a burden long before the acceptance letter even arrives. But by using a 529 plan as an investment vehicle, you can start saving for college tuition now to launch a college career affordably later. 529 plans are tax-advantaged investment accounts that allow you to invest and grow your money to use on qualified education expenses. And the state of Utah happens to offer some of the best 529 college savings plans in the country — and it’s not just for Utah residents. Get the rundown on Utah’s 529 plan for college savings, find out how rewards programs like Upromise can help you grow funds even faster. What Is a 529 Savings Plan? 529 plans are tax-advantaged investment accounts used to grow money for edu

If nurturing comes naturally to you, there are ways to turn that instinct into extra money. Side gigs aren’t limited to doing other people’s grocery shopping or selling stuff online. There’s a slew of more personalized and nurturing jobs for anyone who likes to take care of people and animals. Here’s a quick rundown: 5 Nurturing Jobs Taking Care of People or Animals 1. Pet Sitting Pet sitters provide owners peace of mind by watching over their animals while the clients are away. For midday walks or in-home visits, a sitter will come to the client’s house to feed and let the pets out. During in-home overnight visits, a sitter will stay at the client’s house to feed, walk, administer medication, play with and watch over the pets all night. If you use a pet-sitting app like Rover or Wag , you’ll create an online sitter profile where you’ll answer questions about your experience and availability. You may also need to pass a phone and in-person interview. Once approved, dog owners

With the holidays coming up, you’re probably thinking about what you might want to give that special someone. Or that special little someone. We share a few money related ideas that might help you find the perfect gift. These gifts are all in some way related to money – this could be actual money (as is the first suggestion) or something that can help you become better with your money. These may be books, planners, guides, etc. We hope you find something great below and let us know if you get anyone anything from this list! Table of Contents How About Cash? Contribute to a 529 Give Stock Need an Amazing Home Planner? Family Emergency Binder Send a Statement (Card) A Few Amazing Books A Money Workbook for Couples Some Personal Finance Swag & Gear How About Cash? I’m Chinese (surprise!) and for all important occasions, but especially birthdays and Chinese New Year, our family gives cash. The best gift is always cash. Brand new crisp bills in a red envelope like th

Reverse mortgages have been growing in popularity in the last few years, due to a combination of factors. In addition to rising property values and higher living costs, millions of seniors on fixed incomes desire to remain in their homes. Dozens of lenders participate in the reverse mortgage programs, which are often advertised on TV, the radio, and online. But what is a reverse mortgage, how does a reverse mortgage work, and is a reverse mortgage right for you? Table of Contents What Is a Reverse Mortgage and How Does It Work? Borrower Requirements Property Requirements Age Requirements Distribution of Proceeds Reverse Mortgage Advantages Reverse Mortgages Eliminate Your Monthly Principal & Interest Payment Reverse Mortgages Can Provide Extra Cash or an Additional Income There Are No Tax Consequences for Reverse Mortgage Equity Withdrawals It Might Be the Best Way to Stay In Your House You Won’t Lose Your Home If the Value Falls Reverse Mortgage Disadvantages

Being your own boss, bringing ideas to life, and hustling to hit goals are just some of the thrills of entrepreneurial pursuit.  And while it might be easy to picture yourself having your own business, getting it to prosper takes hard work and time. One way to factor in your success is to establish an entrepreneur salary . It’s worth mentioning that only 49 percent of entrepreneurs pay themselves a salary, and those who do make an average of $44,000 a year in the United States. If you want to maximize your earnings by paying yourself first, follow this guide to learn how much entrepreneurs make in each city, and what the steps are to building an entrepreneurship salary.   See Average U.S. Salaries   What Is the Salary of an Entrepreneur? The average entrepreneur salary in the United States is $44,000 , though salary can vary between $16,500 to $184,500 and depends on various factors including skills, experience, and location. As you gain more experience, your entrepreneur salar

You’ve probably heard that holiday shopping will be a nightmare even the Grinch himself couldn’t dream up. Supply-chain troubles, shipping bottlenecks, and worker shortages will make it harder to find big-ticket items. Meanwhile, demand is up. Holiday shoppers expect to spend $785 on average this season, more than they planned on in both 2019 and 2020, according to market research company The NPD Group Inc. If you haven’t started your shopping yet, don’t panic. As long as you’re flexible, you’ll surely be able to find plenty of gifts. But if you have your heart set on buying one of these nine items, it’s time to start your hunt ASAP. 9 Gifts That Will Be Ridiculously Hard to Find This Year Here are nine gifts that are expected to be in short supply for the holidays. If someone you love has one of these items on their wish list, expect your options to be limited — and be prepared with a backup plan. 1. Gaming Consoles The 2021 holiday season is shaping up to be a disappointing one

Marijuana is big business. The once-shadowy industry has transformed into a highly commercialized and profitable sector, spanning biotech and research companies as well as marijuana growers and consumer retailers. By 2028, the global legal marijuana market is expected to reach $70.6 billion, according to a May 2021 report by Grand View Research . Buying into a burgeoning industry poised for moonshot growth is enough to make any investor’s mouth water. But the cannabis business isn’t like other cash crops. It’s still illegal at the federal level, which can make investing in marijuana stocks tricky. Marijuana investments involve risk — but is the potential upshot worth it? In this guide, we’ll explore the different types of marijuana companies, pros and cons of investing in the industry, top cannabis stocks and more. Current Marijuana Legislation in the United States States began legalizing medical marijuana more than 20 years ago. By October 2021, 35 states plus the District of