America’s biggest banks have announced their Venmo competitor, Zelle

The Zelle app is built atop a bank-owned payments network that connects the country’s five biggest banks — and others — including Chase, Citi and Bank of America. Users of Zelle are expected to be able to send money via their phones to recipients who will gain access to the funds immediately. @zelle, @venmo, #personalfinance Read more »

Harvard researchers say the snowball method is the best way to pay off debt — here’s a simple spreadsheet that can make it work for you

If you’re struggling to pay off debt, you’re not alone. The average household with credit card debt owes $16,061, according to a recent report by NerdWallet. And while there are many strategies to eliminate debt for good, one method proves most effective: Prioritizing accounts with smaller balances, rather than those with higher interest rates, also Read more »

A financial planner shares the 3 things he wishes he’d known about money when he was younger

Money gives you options, and it's good to have options. Had I worked with a financial planner, I likely would have saved a bit more early on. #financialplanning, #personalfinance Read more »