Acorns Review–Automatically Invest Your Spare Change

Acorns Review--Automatically Invest Your Spare Change

I signed up for an account, here’s how it went. How Acorns Works  We’ll cover the whole sign-up process below, but basically, after you sign-up for an account (which you can do online or through the app), you need to link a debit or credit card. Then, each time you make a purchase, rounds up your total to the nearest dollar, and the difference is invested for you. Investing really … Read more

Chase Freedom Review–One Of The Best 5% Cash Back Cards On The Market

Chase Freedom Review--One Of The Best 5% Cash Back Cards On The Market

The Chase Freedom is my favorite credit card in my wallet. The 5% cash back rewards categories are easy to activate (in fact, Chase sends an email every quarter to remind you), and the reward options are flexible. And, since I’m a stickler for avoiding cards with an annual fee, the Chase Freedom is perfect! Here’s a quick overview of what the Chase Freedom offers: 5% back in select categories 1% … Read more

How To Open Accounts With Vanguard, Fidelity, And Schwab

How To Open Accounts With Vanguard, Fidelity, And Schwab

Most everyone has heard of Vanguard, Fidelity, and Charles Schwab. After all, they are the three top investment management firms in the U.S. Since they are three of the best in their field, it may be hard to decide which will work best for you. Well today, I’ll talk about the differences between the three and show you step-by-step how to sign-up for an account with each. That should help … Read more

The Advantages Of The Individual Investor: Why You Can Beat Professional Money Managers

The Advantages Of The Individual Investor: Why You Can Beat Professional Money Managers

Many folks believe it’s difficult–or completely impossible–to beat the market without help from a professional. Well, if you tuned into episode 75 of the Choose FI podcast, you’d know that’s completely wrong. Brian Feroldi–a writer at Motley Fool–posits that individual investors can far surpass professional money managers. If you have the know-how, being an individual investor is far more advantageous than using a professional. Here are the advantages of being … Read more

Chase Freedom Unlimited Review–The Best 1.5% Cash Back Card On The Market

Chase Freedom Unlimited Review--The Best 1.5% Cash Back Card On The Market

The Chase Freedom Unlimited card is a straight-forward, no annual fee, cash back credit card. If you’re a fan of Chase’s other credit cards, but want one for everyday use, the Chase Freedom Unlimited credit card is the one for you. Here’s a quick overview of what the Chase Freedom Unlimited offers: $150 sign up bonus if you spend $500 in the first three months. No annual fee 1.5% cash back … Read more

17 Passive Income Ideas To Fast Track Your FI Journey

17 Passive Income Ideas To Fast Track Your FI Journey

Earning passive income is the goal for many on the path to financial independence. Passive income allows us to make money while travel, spend time with family, and fulfill our dreams. According to Dave Ramsey, passive income is “money you earn in a way that requires little to no effort.” Yup! That sounds perfect. Here are a handful of ideas that most people can do to start earning passive income. … Read more

Chase Sapphire Reserve Review–The Best Chase Has To Offer

Chase Sapphire Reserve Review--The Best Chase Has To Offer

The Chase Sapphire Reserve is an incredible travel rewards credit card that any frequent traveler should have in their wallet. Here’s a quick overview of what the Chase Sapphire Reserve offers: You can earn 50,000 bonus points after spending $4,000 in the first three months of having your card $300 annual travel credit 3X points on travel 3X points on dining One point per dollar on all other purchases Chase Sapphire … Read more

Gift Tax 101: The Tax Consequences Of Giving Large Sums Of Money

Gift Tax 101: The Tax Consequences Of Giving Large Sums Of Money

Not too long ago, a member of the ChooseFI Facebook group asked how much cash they could give to their parents without having to pay taxes on it. Now, for those of you who don’t know, this is known as a Gift Tax. If you gift large sums of money, investments (savings bonds, etc.), or items like cars, you could be stuck paying a Gift Tax on it at the … Read more

Vanguard Vs. Fidelity–Which Company Is The Right Choice For You?

Vanguard Vs. Fidelity--Which Company Is The Right Choice For You?

Vanguard and Fidelity are the two of the largest, and most well-known investment management companies around. Both offer the low-cost broad-based index funds we love here at ChooseFI. But why choose one over the other? That’s exactly what we’ll be talking about today. What Is Vanguard? Vanguard is an investment management company that offers low-cost mutual funds and ETFs. John Bogel–the founder of Vanguard and mutual funds themselves, wanted Vanguard … Read more

Get Free Health Insurance Quotes Through Policygenius

Get Free Health Insurance Quotes Through Policygenius

As someone currently shopping for a new healthcare plan, I can tell you it’s not fun. At all. Plus, it’s not very easy either. That’s why I was pleasantly surprised when I got to write about Policygenius. They offer an easy way to shop for health insurance. Really easy, in fact. What is Policygenius? Policygenius is a free insurance comparison tool that lets you compare rates for: Health insurance Life … Read more