Investing for Beginners
It’s easy to get intimidated when you first decide to start investing, but learning how to make investments as a beginner isn’t nearly as hard as it might seem at
Category: Finance
Can I Cash a Check at Any Bank or Check-Cashing Service?
Money transfer services like Zelle, Venmo and Cash App have risen in popularity, but there are still occasions where you might receive a paper check. If you don’t have a
4 Strategies for Using Side Hustles to Fund Retirement Savings
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy
How to Use Bitcoin
Created more than a decade ago, bitcoin has remained the most popular cryptocurrency on the market. A 2021 report from New York Digital Investment Group found that an impressive 46
How Bitcoin Is Taxed
The IRS treats bitcoin and other “convertible virtual currencies” as property, more specifically a capital asset, rather than a currency. That means there are tax consequences whenever bitcoin is bought, sold,
How Is Bitcoin Valued?
Bitcoin is a major digital currency or cryptocurrency. Unlike the dollar, euro, pound, yen, peso, and other government-backed currencies, cryptocurrencies are not officially supported by any central bank or government.
30 Years of Change in Single-Parent Household Finances
American family finances have weathered the fallout of the dot-com bubble, the Great Recession and a pandemic over the last 30 years. Despite these challenges and more, single-parent households as
How To Mine Bitcoin
Bitcoin mining is a process that supports the Bitcoin network and rewards participants with Bitcoin currency. Bitcoin mining is a highly technical process that requires significant computing power. But thanks
Who Should Get on ‘SAVE’, the New Student Loan IDR Plan?
The federal student loan payment pause is over, and borrowers have a new income-driven repayment (IDR) plan option that could slice monthly payments in half, fast-track them to loan forgiveness
How Does Bitcoin Work?
Bitcoin is the best known and most valuable cryptocurrency, a form of digital money. Unlike dollar bills that you can hold in your wallet or stuff in your pocket, you