Something crazy just happened. FTX, formerly the second-largest cryptocurrency exchange, collapsed overnight. It went from a valuation of around $16 billion to a negative valuation due to a liquidity crunch and debt. How did this happen?

FTT, a crypto coin that the FTX exchange issued, plummeted in value because Binance, the largest cryptocurrency exchange, said it was liquidating FTT. FTT then proceeded to crash, thereby causing a crisis of confidence in FTX as clients withdrew billions of dollars.

Binance, which caused the panic in the first place, then said it had signed a non-binding Letter of Intent to purchase FTX. But after reviewing FTX’s books, Binance backed out and has left FTX to collapse, thereby eliminating one of its largest competitors.

FTX Misappropriated Funds

Given it’s an exchange, it’s difficult to understand how FTX could collapse. Apparently, FTX now owes billions to its clients and doesn’t have the money to

If you’re looking for a simple life insurance policy that you can obtain quickly and for the lowest possible premium cost, you need to check out Ladder Life. They offer a streamlined, all-online application process that can get your application approved in a matter of minutes. And many applicants will not be required to take a medical exam.

But the most unique feature of Ladder Life is the ability to either increase or decrease your coverage, as needed. If you need more life insurance coverage, once you have a policy in place, you can increase the death benefit. But if your need for coverage declines, you can reduce the death benefit. That puts you in charge of both the face amount of the policy and the premium you’ll pay.

Ads by Money. We may be compensated if you click this ad.Ad

If you’re concerned about your family’s wellbeing, Life

When you’re a teenager or a young adult, buying car insurance is rarely fun or affordable. This is true for anyone trying to add coverage to a parent’s existing policy, but it’s even more true for young adults who need to find cheap car insurance on their own.

That said, the best car insurance for young drivers offers quality protection for the entire household without breaking the bank. If you’re looking for the best cheap car insurance for young adults, however, you’ll need to compare policies and plans while also checking for discounts you might qualify for. In the meantime, you’ll want to see which types of auto insurance you really need and which ones you can go without.

We compared more than 20 of the best auto insurance companies to help you find the best car insurance for young drivers in 2022. If you’re ready to buy a policy

The vast majority of Americans need life insurance. But with so many different insurance policies and providers, how can you find the right life insurance policy for you and your family?

Sproutt Insurance is trying to help by putting a unique spin on the insurance application process.

Sproutt doesn’t sell its own insurance policies – they’re an online marketplace that uses technology to match you with the right insurance provider. In minutes, you can complete a brief application and get a quote from one of their participating life insurance companies.

But is dealing with Sproutt as easy as they make it sound? And is there a benefit to dealing with a marketplace like Sproutt versus going through an individual provider?

I’ll cover this and more in this Sproutt Life Insurance Review.

What Is Sproutt?

Sproutt is an insurance fintech launched in 2018 under the name, Aktibo. They have their headquarters

Learning how to make money while you sleep is, quite frankly, the ultimate goal of financial independence. After all, earning passive income is one of the best ways to escape the grasp of your 9-to-5 job.

Warren Buffet is famous for making this crucial point about building wealth:

But how do you make money while you sleep? And what are the best ways to build passive income streams to replace the income from your regular job? 

It boils down to your individual talents, goals, and whether you have any cash to invest upfront.

17 Ways to Earn Money While You Sleep

If you want to make money while you sleep, there are an endless number of ways to go about it. Here are 17 top strategies you can try

While the best savings accounts used to come from traditional brick-and-mortar institutions, this is no longer the case at all. The reality is, many online banks and fintech companies offer savings accounts with lower fees (or no fees) these days, and their interest rates are much more competitive than you’ll find elsewhere.

Don’t believe me? Once you do some digging, you’ll quickly find that banks like Chase and Wells Fargo are offering a paltry .01% rate on their regular savings accounts.

Since you definitely want to secure the highest rates you can on your savings, it’s crucial to compare banks and their savings account offers side-by-side. We just did exactly that to help you in your search, and we highlight the best savings accounts of 2022 below.

Our Picks for Best Savings Accounts of 2022

Best Savings Accounts – Reviews

Before you open up one of the best savings accounts

Traditional online brokerages were once intimidating to the rookie investor, so many flocked to Robinhood when the mobile-only brokerage announced new, revolutionary features in late 2014. Robinhood attracted these young stock market investors with an easy-to-use mobile app and commission-free trades. 

To sweeten the deal, Robinhood didn’t require account minimums, so even investors with limited capital could start investing. Gone were the restrictions of many investing platforms with account minimums and hefty trading commissions. Young people could trade stocks and cryptocurrency from their phones with little money upfront.

Robinhood Troubles

Things began to change for Robinhood with the meme stock rallies that took over the market during the COVID-19 pandemic. While the commission-free trading app brought in millions of new investors, many were left feeling disenfranchised when Robinhood restricted meme stock trading.

Many of these people were intent on turning investing into a mass movement and felt betrayed by Robinhood’s

Over the last few years, real estate prices have skyrocketed, leaving many hopeful investors feeling priced out of the market. In addition, many who once considered becoming real estate investors have realized that becoming a landlord can be overwhelming. It’s one reason that real estate crowdfunding platforms have grown in popularity in the last few years. 

When you think of crowdfunded real estate investing, Fundrise may come to mind. One of the first major players, Fundrise allowed investors to enter the real estate market without the hassle of going through the typical home-buying process. Over the last decade, many Fundrise competitors have popped up, and investors have more options than ever. 

Why Did Fundrise Become So Popular?

Fundrise allows you to invest in real estate without the traditional 20% down payment, which is a hefty commitment. Instead, you can get started in real estate investing for as little as $10.