Best Remittance Service: MoneyGram, Remitly, TransferWise, Xoom, or WU?

Millions of people from developing and emerging countries relocate to developed countries to earn higher wages, for example, Latin Americans who migrate to the United States for work. Wages, low or high, in developed countries often exceed salaries in developing countries. While migrants try to find better opportunities, sending money back home is often an objective … 

 

Grove Review: Financial Planning Reinvented or Same Old?

The year was 2013, and Alexa von Tobel launched LearnVest to bring financial planning to the masses. Instead of paying enormous fees, LearnVest would make financial planning accessible to everyone. Now, Grove wants to do the same thing. Grove began in 2016, and they’ve made headlines recently for start-up funding. Let’s review and compare Grove … 

 

How to Invest $1,000 Wisely

You have $1,000 to invest. Perhaps you earned it or received it as a gift. Either way, you’re considering ways to invest it. Two investments that most people consider include real estate and financial securities such as stocks and bonds. This post will tackle the latter. Alternatively, you might want to invest in yourself to … 

 

Best Online Money Service: PayPal, Revolut, TransferWise, or Xoom?

There is a fierce battle taking place in the lucrative foreign exchange (forex) market. At the retail level, many forex companies are vying for our business. Traditionally, banks got our patronage while competing among themselves and money transfer services such as Western Union and MoneyGram. In the past ten years, the landscape has changed significantly … 

 

Ellevest: Right for Female Investors?

I never became a Sex and the City fan. I watched half an episode to see what all the fuss was about, but it didn’t grab my attention. Still, the series was on target with their message about female empowerment concerning life, career, relationships, social issues, and so on. Ellevest is a robo-advisor that seeks to “redefine … 

 

TransferWise Review: The Cheapest Way to Send Money Online?

It’s been more than a year since I’ve been using TransferWise for foreign exchange transactions and sending money abroad. To date, I’ve transferred £24.4K and saved £760. I previously used PayPal to send money but switched after I reviewed their currency conversion fees, which are relatively high. I’m very happy with TransferWise and will detail my …