Hand with pen pointing to chart of stocks on computer screen looking at prices for VTSAX vs. VTI

Article Summary: VTSAX and VTI are two popular Vanguard funds that offer opportunities for diversifying your investment portfolio. Though both track the CRSP Total Market Index, VTSAX is a mutual fund and VTI is an exchange-traded fund. Both funds include small-, mid-, and large-cap stocks and have low expense ratios. The main difference between the […]

Man looking confused at documents in his hands

What Is a Legal Order LTS?

Article Summary: Legal order LTS is a transcription service fee that is charged for copies of financial records that have to be submitted to a court. If a bank receives a court order to release your bank records and charges you a legal order fee, you will likely also be charged a legal order LTS […]

Students talking about endowed scholarships on campus steps

Article Summary: An endowed scholarship is donated money that can then be invested and managed so that interest is earned on the principal of the donation. Typically given to a college or nonprofit organization, the earned funds can then be used as a yearly scholarship given to deserving students. Although different organizations have different terms […]

Various stock numbers on a screen showing values of VTI vs. VOO

Article Summary: VTI and VOO are two popular Vanguard exchange-traded funds that provide an easy way to diversify your portfolio. The fundamental difference between the two is that VTI includes small, mid, and large-cap stocks, while VOO only includes large-cap stocks. Additionally, VTI tracks the CRSP Total Market Index, and VOO tracks the S&P 500 […]

Insurer handing over policy paperwork and pen to insured to add additional interest vs. additional insured

Article Summary: Additional interest and additional insured are two provisions you can add to an insurance policy that involve third parties. Additional interest is someone who benefits from knowing an insurance policy is in place but doesn’t need the coverage from the policy. On the other hand, an additional insured is named as an insured […]

Close-up of a Mastercard on top of a Visa credit card

Article Summary: Luxury and exclusive credit cards are a market in and of themselves. They have high annual fees and, in many cases, require invitations to join. From the Platinum Card and Centurion Card from American Express to the J.P. Morgan Reserve card, these credit cards for the ultra-wealthy can be incredibly hard to get. […]

Person riding a motorcycle on an empty road

Article Summary: Motorcycle title loans are a type of loan in which you put up your motorcycle title as collateral. They don’t require a good credit score or financial history to qualify. Instead, you just need to own your motorcycle outright, have proof of income documentation, and be of a certain age as required by […]

Electric vehicle charging at a charging station

Article Summary: Tax rebates, lower maintenance costs, and the ability to make a smaller carbon footprint have attracted lots of new buyers. That said, owning an electric vehicle also comes with hidden costs, including battery replacement costs, higher registration fees, and additional costs to unlock add-ons. Before making a purchasing decision, buyers should be aware […]

Mechanic performing a car inspection

Article Summary: A car inspection takes anywhere from 15 minutes to over an hour, depending on the type of inspection you’re having done. Emissions testing is a relatively straightforward process that can take a short amount of time; however, a safety inspection is much more involved and typically takes longer. If your vehicle fails an […]

Man looking concerned because he went over his credit card's limit

Article Summary: An overdraft is a term that refers to spending more money than what is available in your checking account. As your credit card is not your checking account, you can’t technically overdraft it. However, you can exceed your credit limit, which can have similar consequences to an overdraft. For example, if you’re enrolled […]

Battery charging in a BMW i8 Roadster

Article Summary: A hybrid is a car that pairs at least one electric motor with a gasoline engine to power the car, allowing it to offer better gas mileage than a standard vehicle. Hybrid batteries last around 80,000 to 100,000 miles on average, but hybrid battery life can be extended by taking excellent care of […]

Couple comparing refinance options with their current auto loan lender

Article Summary: You can refinance your car loan with the same lender. Refinancing can be a worthwhile option if you’re having difficulty making your monthly payments, have a desire to change your loan term, or if your vehicle is approaching age or mileage restrictions. By refinancing with the same lender, you can continue the relationship […]

Woman holding a credit card looking upset at a laptop screen

Article Summary: A maxed-out credit card is a credit card on which you’ve reached or exceeded your credit limit. When you max out a credit card, it can lead to a lower credit score, APR increases, higher minimum payments, and declined transactions. After you’ve maxed out your card, you should stop using all of your […]

cash back from 711

Article Summary: 7-Eleven (aka 711), a popular chain of convenience stores with over 13,000 locations across the United States and Canada, only offers cash back to debit card users at certain store locations. There is a $10 cash back limit per transaction, and cash back is not offered to customers paying by credit card or […]

airplane flying

Article Summary: A redress number is a unique seven-digit identifier that helps the TSA verify travelers’ identities and keeps them from being misidentified. Most people don’t need a redress number, but if you have the misfortune of sharing the same name as someone on the U.S. watch list, you probably should apply for one. You […]

drone flying

Article Summary: Piloting a drone is an increasingly popular business due to improvements in drone technology and availability. You can start a drone business in a variety of fields, including real estate and wedding photography, aerial surveying, precision agriculture, search and rescue, inspection services, drone deliveries, and more. The start-up costs for a drone business […]

Two people reviewing financial statements on opposite sides of a table

Article Summary: Paying yourself as the owner of an LLC depends on the category the business falls into. Single- and multimember LLC owners can pay themselves via an owner’s draw, while corporate LLC owners may determine their own salaries, though it must be deemed reasonable compensation. LLC owners can also pay themselves through their companies’ […]

stack of cash

Does CVS Do Cash Back in 2022?

Article Summary: CVS, a popular pharmacy and retail store with nearly 10,000 locations across the United States, offers cash back to debit card users at checkout. There is a $35 cash-back limit per transaction, and cash back is not offered to customers paying by credit card or check. Customers do have to make a purchase […]

holding out cash

Article Summary: Dollar General, a discount retail store with over 18,000 locations across the United States, offers cash back at the register to debit card users for a small fee. There is a $40 cash-back limit per transaction, and cash back is not offered to customers paying by check. Discover credit card users can get […]

Bride putting wedding ring on groom’s finger

Article Summary: When you need to get a ring resized, there are a number of factors that can influence the price. The ring size, type of metal, ring thickness, and complexity of the ring’s design elements all play a role in both the time it will take to resize the ring and the cost of […]