Personal Capital (Empower) vs Mint: My Ratings After Using Both for Years

Personal Capital and Mint are two of the most popular personal finance apps today. I’ve used both for many years. In this article we’ll compare Mint vs Personal Capital to see which one is best. As is often the case, both Personal Capital and Mint have pros and cons. In some cases Personal Capital is…

7 Simple Calculations that Show the Awesome Power of Compound Interest

Albert Einstein purportedly said “compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” The question is how do we understand it? We can start by running 7 calculations that demonstrate the power compounding. What is Compound Interest? Compounding occurs when investments grow in value…

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10 Ways to Protect Your Financial Accounts from Hackers

According to one study, cybercrime will cost the world $10.5 trillion a year by 2025. Today, every financial account from banks to credit cards to investments offer online access. For investors, the risk of loss from cybercrime ranks as the #1 concern. Fortunately, there are steps we can all take to increase our online security….

How to Calculate Your Net Worth (and Why it Matters)

Your net worth, more than any other financial metric, gives you a window into your financial health. In one number you see the affects of every financial decision you’ve ever made. Here’s why its so important and how to track your net worth for free. I’m going to make a bold and controversial claim about…