Nowadays, we use the internet for EVERYTHING. You name it, and we use it with the internet. But while being online is really helpful, it also makes it easier for scammers to trick people! Read more to find out! Online scams are becoming more common every year! Specifically the social media that teens us all the time. That is why is it important to know how to spot scams before they become a problem 👀 A lot of the scams look real at first glance, but we have to do our own res

Getting your first job is a huge milestone. Whether you're working at a café, tutoring students, babysitting, interning, or running your own small business, earning your own money brings a new level of independence. But obviously there is one confusing thing. Taxes You finally receive you paycheck...and it's smaller than expected 🧠 Where did the rest of your money go? Why is it being deducted? And what is a W-2? Once you understand ow taxes work, it will be easier to underst

Most people hear credit scores and think it's just a random number the bank looks at! In reality, this number affects some of your biggest financial decisions, like getting a car loan or renting an apartment. So why does it matter so much? 💳 Now what is a Credit Score? A credit score is a number that is usually between 300 and 850, that represents how 'legible' you are with loans. It's based on your credit history - how you managed debt in the past years. The higher your cre

The American Dream originally came from the idea that is someone worked really hard, they would be able to enjoy their time and wealth. This is often defined as owning a home, a steady well paying job that leads to a reward. However, this is different in today's economy! For example, Cost of living has increased compared to wages in many areas. Making paying rent, healthcare and basic needs harder to afford Housing prices skyrocketing, making home ownership harder for young p

Learn how the Federal Reserve is in charge of keeping the US economy stable. One of the main ways it does this is by controlling interest rates. Read more to find out! The Fed mainly charges something called the federal funds rate, which is interest rates banks charge each other. When the Fed increases this rate, it becomes more expensive for banks to borrow money and leads to higher interest rates like loans credit cards, and mortgagers! As you can tell, it really does affec

We covered why companies use AI last week, let's move on to which companies is particular. Read more to find out! There are so many sectors that use AI to maximize their profits and elevate their business model. Finance and Investment Sectors 🪙 BlackRock -> uses AI to analyze risk and investments JPMorgan Chase -> fraud detection and AI trading tools Goldman Sachs -> algorithmic trading and data analysis This sector shows that smarter and faster decisions result in high pro