Shopping Online This Season? Look Out for Seasonal Scams.
Each year, as millions of Americans ready their credit cards to make billions of dollars worth of holiday gifts, an outside threat looms: a possible data breach. Without question, holiday breaches, which in the past have included a hack on Macy’s and Target. However, this year threatens to be significantly more dangerous, as social distancing…
Heading Into the Holidays, How Will COVID-19 Change Seasonal Sales
Usually, this time of year is filled with excitement and relief for different retail sellers that look to move into the black. As individuals take care of holiday gift shopping and spend their hard-earned holiday bonuses, store owners can take a deep breath knowing that their numbers will likely move up a little. But this…
Advertisement
Is My Money Safe in the Bank?
The recent economic downturns have many of us asking ourselves questions: how do we know our money is safe in the bank? In past times of economic troubles, such as the Great Depression, it wasn’t uncommon for banks to experience what’s known as a “bank run”: when a large number of customers withdraw their cash…
What is the Difference between a CD and a Money Market Account?
What is a Certificate of Deposit (CD)? A certificate of deposit (CD) is a low-risk, timed deposit account, meaning that you deposit money into it and you cannot touch it until a certain date. CDs have a minimum investment requirement – which varies by institution – and pay a fixed or variable rate of interest…
What is a Money Market Account?
Getting a firm grasp of your personal finances is a task that can be very daunting, but is worthwhile in the long run. To better help others understand the various options available to them, here at Main St. Finance we have written up some handy guides to help explain various financial topics. Today’s entry will…
Personal Finance for Main St
When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?
