Is Selling on Amazon FBA Worth It? We Break Down the Pros and Cons

(New to the world of retail arbitrage? In this post youll find: What Is Amazon FBA? You sell it, we ship it. Aileen Perilla/ The Penny Hoarder Thats Amazons sales pitch for Fulfillment by Amazon (commonly called Amazon FBA). Probably not as good as youd like. It always seems like an uphill battle to build (and keep) a decent amount in savings. But what if your car breaks down, or you have a sudden medical bill?...

August 31, 2020 · 4 min · 700 words · Oscar Holloway

The Ultimate Guide to Quitting Your Job: What to Do Before You Resign

After leaving dozens of jobs over the years, I have become a job-quitting expert. Carefully consider a few questions first. Are there alternatives to quitting? Getty Images Have you made preparations? How can you leave on good terms in case you need the job back? Are some bridges meant to be burned? Can you comfortably lose the income, even if the loss is temporary? To help you answer these questions, I put together this guide on how to quit your job....

August 31, 2020 · 4 min · 766 words · Daniel Jackson

Dear Penny: Should I Use My Savings or Roth IRA to Buy First Home?

Real Answers for Life’s Money Challenges Ive been shopping around with my partner to buy our first home. Well likely put down the same nominal amount of money for either option. Is there a golden ratio? -A. Dear A., Theres no magic ratio here. And as someone whos hoping to eventually buy a home, I wish there was. All those rules make it easy to think theres some magic in those numbers....

August 30, 2020 · 2 min · 339 words · Michael Mills

5 Pieces of Financial Advice for Freshmen From Upperclassmen and Grads

Heading off to college? We have some tips to help you make the best money moves your first year. Advice Id Give My College Freshman Self College kids are busy. Robertson applied for scholarships when she was in high school, but she also wishes she knew to apply for them while in college. The side-by-side portraits of Robertson are from freshmen year, left, and from now. Photo courtesy of Melanie Jean Robertson...

August 28, 2020 · 3 min · 490 words · Ashley Campbell

This Mom Shares 5 Brilliant Strategies for Home-Schooling on a Budget

In fact, the sodas werent for sipping at all. They were for science. The girls loved it. Ava, left, and Nadia Hollaway work on an art project during school time at home in downtown St. Petersburg. Aileen Perilla/The Penny Hoarder We did the soda thing lots of times, Nadia said. Probably not as good as youd like. It always seems like an uphill battle to build (and keep) a decent amount in savings....

August 28, 2020 · 4 min · 669 words · Roger Bryant

High-Yield Savings Accounts Don’t Earn What They Used to. Here’s Why

In 2020, the annual percentage yield (APY) has fallen twice so far. It has to do with the Federal Reserve. What Is a High-Yield Savings Account? (Thats whatinvesting is for.) 7 Ways to Make Money if You Hate People Do you avoid people too? Enough small talk.Here are some waysto earn extra cash, without all of the social stuff. When that rate goes up, the amount of money you earn in interest increases....

August 27, 2020 · 2 min · 305 words · Kerri Smith

Bud Light Is Hiring a Chief Meme Officer — and Paying $5K a Month

The company announced the first-ever position on social media. We made a great-tasting hard seltzer but honestly our memes are terrible. Time to change that. Apply now to be our#ChiefMemeOfficer. Its a real job with a salary. Tag someone who would be perfect for the position. Reception to the fizzy water fell a little flat. Thats where you come in. Youll get paid in hard seltzer and hard cash. To qualify, youll probably need some lasso-thingy skills, and youll definitely need to be 21 or older....

August 26, 2020 · 2 min · 218 words · Melvin Kane

Retail Arbitrage: How Buying and Reselling Online Can Make You Money

Online shopping has been on the rise for decades, but COVID-19 has dramatically changed the game. In this article, well discuss: What Is Retail Arbitrage? 7 Ways to Make Money if You Hate People Do you avoid people too? If you’re strapped for cash, you can turn to your own goods, like video games and DVDs, to get started. Sell them on Craigslist or Facebook Marketplace, and use the cash to buy some inventory....

August 26, 2020 · 3 min · 469 words · Eric Mullins

6 Financial Considerations for Parents Thinking of Quitting Work

This year, the coronavirus pandemic adds a new layer of stress. Can I Take Paid Leave? Before quitting your job, you might want to look into taking a leave of absence instead. Feeling overwhelmed? Create a budget that works for you with ourbudgeting bootcamp! 7 Ways to Make Money if You Hate People Do you avoid people too? Enough small talk.Here are some waysto earn extra cash, without all of the social stuff....

August 25, 2020 · 3 min · 509 words · Douglas Griffith

Dear Penny: My Credit Score Is Down 38 Points. Is My $0 Balance to Blame?

Even with what I consider diligent money practices, my credit score has gone down 38 points since March. Although still considered in the good range, its now at 694. Ive been using my main credit card each month. What is causing this decline and when might my score start improving again? Its like weighing yourself. No one sees the exact same number every time they step on the scale. But a 38-point drop is significant....

August 23, 2020 · 3 min · 431 words · Chase Becker

Track Your Spending Down to the Last Cent With EveryDollar App

Stop questioning where all your money has gone by the end of the month. Download an app thatll give you the answers. EveryDollaris a sleek budgeting app that helps you keep track of all your greenbacks. Feeling overwhelmed? Create a budget that works for you with ourbudgeting bootcamp! Weve researched this app and what it has to offer. What Is EveryDollar? 7 Ways to Make Money if You Hate People Do you avoid people too?...

August 22, 2020 · 2 min · 328 words · Jeremy Anderson

4 Pieces of Financial Advice That Have Gone Out the Window in 2020 — What to Do Instead

If 2020 is teaching us anything, its that nothing stays the same, and we have to adapt. Weve adapted our work environments, our living arrangements and our social lives. Weve also had to change how we handle our money. Those pearls of financial wisdom we all grew up hearing? Some of them dont seem possible to adhere to right now. In fact, some of them feel downright outdated at this point....

August 21, 2020 · 2 min · 229 words · Christy Morris

DoorDash Launches Into Grocery Delivery. Here’s How the Service Works

The new service means faster deliveries for customers and more gigs for workers. The company announced the new service in ablog poston Thursday, Aug. 20. The service went into immediate effect, making more than 10,000 grocery items available for delivery through the app. The services are available to an estimated 75 million people, according to the announcement. DoorDash has been experimenting with adding convenience-store items from 7-Eleven, CVS and Walgreens....

August 21, 2020 · 2 min · 342 words · Matthew Moore