TJ PorterTJ Porter has in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions. He has also contributed to publications and companies such as My Bank Tracker, CardCruncher, and Echo Fox. He aims to provide actionable advice that can help readers better their financial lives. In his spare time, TJ enjoys thinking up new ways to optimize my own finances, in addition to cooking, reading, playing games (of the board and video variety), soccer, ultimate frisbee, and hockey.

APY vs. APR: How to Tell the Difference Between Interest Rates

If you look carefully, you might notice that financial companies advertise interest rates as either an Annual Percentage Rate (APR) or an Annual Percentage Yield (APY). These two concepts sound very similar, but the difference between them can be significant.

TJ Porter 16 Jan

What is a Bond? Everything You Need to Know About This Financial Tool

Depending on your goals, bonds can be a great way to diversify your investments. In this article, we look at what a bond is, differences between bonds and stocks, and whether or not this investment tool deserves a spot in your portfolio.

TJ Porter 09 Jan

CIT Bank Savings Builder Account Review – Pros & Cons

A savings account is a great place to store your emergency fund or set aside money for a short-term goal. The CIT Bank Savings Builder Account is a high-interest savings option for doing just that.

TJ Porter 08 Jan

What is a Stock? Learn About the Common Types and How to Buy Them

A stock represents a small piece of ownership in a company. When you own a stock, you are a part-owner of the company that issued it. Stocks are an important component of a diversified long-term investment strategy.

TJ Porter 03 Jan

BBVA Compass Review: No-Frills Checking, Savings, and CDs

BBVA Compass operates more than 600 branches across seven states, including Texas, Alabama, Arizona, California, Colorado, Florida, and New Mexico. In this BBVA Compass review, we’ll discuss three of the bank’s most popular accounts: checking, savings, and certificates of deposit.

TJ Porter 02 Jan

Stash Review: Is the Stash App All It’s Cracked Up to Be?

Stash is an app that aims to make investing easier, less scary, and more fun. You can get started with just a little bit of money, add to your balance over time, and invest in industries and companies you’re passionate about.

TJ Porter 27 Dec

Digit Review: Should You Trust This App with Your Money?

Saving money is important. However, few people are able to actually buckle down and save money. In this Digit Review, we cover the benefits and drawbacks of this automated savings tool to help you decide if it’s a good fit for you.

TJ Porter 14 Dec

What is a Certificate of Deposit and When Should You Use One?

A CD is a special type of bank account that is used for long-term savings. Like savings accounts, CDs help your money grow over time and they aren’t intended to be used for regular deposits and withdrawals.

TJ Porter 10 Dec

ShopTracker Review: Easy Money or Scam of the Century?

In this ShopTracker review, we show you how the ShopTracker app works, the pros and cons, what information is shared with the ShopTracker app, and the type of people who will get the most benefit from this app.

TJ Porter 26 Nov

The Ultimate Credit Sesame Review: Is it Safe and Do You Need it?

In this Credit Sesame review, we cover the pros and cons of this free credit score and reporting tool, including a breakdown of their basic and premium services, as well as some frequently asked questions from our readers.

TJ Porter 19 Nov