Personal Finance

Gamifying Savings: Prize-Linked Savings Accounts

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If you watch the YouTube videos by the popular real estate investor Graham Stephan, you’ve likely heard of a start-up called Yotta Savings. In this non-sponsored video, Stephan discusses an angel investment he made in Yotta, which is a start-up offering prize-linked savings accounts (PLSAs). PLSAs engage account holders in savings lotteries — by consigning […]


The Rule of 72

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The rule of 72 is a handy formula to determine approximately how long an investment will take to double, using a fixed annual rate of interest. It is used for compound interest and is helpful for simple mental approximations. How It Works All you need to know is the rate of interest. You divide 72 […]


Intro to Earnings

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Earnings: the thing all investors obsess about. Every company reports earnings and investors pay close attention to them. Investors look at metrics like EPS, EBITDA, P/E, and many more to judge the company and its stock. The company’s earnings are a very important factor, but understanding it can seem extremely overwhelming. In reality, earnings and […]


Intro to Leverage

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You gotta spend money to make money. Or rather, it takes money to make money. This is true because when capital is invested, it generates interest proportional to the investment. Therefore, the larger the investment, the larger the return. This is great if you have tons of money because it means you can make tons […]


Elizabeth Warren and Student Debt

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If you are following the 2020 presidential election news, you’ve probably heard of Elizabeth Warren and her stance on student debt. Considered a front-runner in the Democratic presidential primaries, Warren has openly voiced her opinions on corruption and transparency in politics and business. Recently, though, Warren’s stance on student debt has become more and more […]