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How Old Do You Have to Be to Get a Debit Card?

first debit card
  • One of the most exciting milestones of becoming financially independent is the day you get a debit card. You can manage your finances and pay for things out of your account. However, there are some age restrictions.  At most central banks, applicants must be 18 or older to qualify for sole account ownership. However, a...
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Why Are Houses so Expensive Right Now?

why are houses so expensive?
  • Home prices have been skyrocketing recently. Have you been wondering why?  The recent rise in home prices results from several factors, including inflation, supply chain issues, and material and workforce shortages. Many of these factors were amplified by the effects of the COVID-19 pandemic.  We explain more in this guide, which contains the reason for...
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Wholesaling Laws: Is Real Estate Wholesaling Legal?

wholesaling laws
  • Many people wanting to get into real estate with a small initial investment may choose to do so through mortgage wholesaling. However, you need o know whether or not the practice is legal.  Mortgage wholesaling is legal in most states. However, you need a license in Illinois and Oklahoma, and there are laws you must...
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How Many Mortgages Can You Have? 

how many mortgages can you have
  • Many homeowners and people planning to invest in property wonder ‘how many mortgages can you have.’ You can have up to 10 conventionally financed loans backed by Fannie Mae. However, the guidelines change after the first four loans that you finance.  If you want to learn more about how many mortgages you may be able...
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Citation vs Ticket: Is a Citation a Ticket?

traffic citation vs ticket
  • After getting pulled over, you may be wondering if there is a difference in a citation vs. a ticket. Citation is the legal name for a ticket, and all tickets are citations.  You must legally respond to the court with jurisdiction if you receive a citation. Check out this guide to learn more about citations...
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QQQ vs. TQQQ: What’s the Difference Between the ETFs?

QQQ vs. TQQQ
  • If you decide to invest in ETFs, you need to know the differences in QQQ vs. TQQQ investments. The short answer is that QQQs and TQQQs are both based on the Nasdaq 100. However, TQQQs are leveraged investments, while QQQs are not. Before you buy either of these funds, you need to know more. Keep reading...
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