Short on time? Here’s what you need to know: $50,000 a year is how much an hour? If you account for 52 working weeks per year and a 40 hour work-week, a salary of $50,000 equates to about $24.04 per hour. While this might seem like a simple calculation, there might be more to it than you think. Below you’ll find a full rundown of why you should care about your hourly rate, especially while comparing job offers.  $50,000 a year is how much an hour?  Here’s how to calculate it: The key is to correctly calculate the number of hours you work per week and multiply that by how many weeks y ..read more

This article may contain affiliate links, meaning we may receive a commission if you make a purchase through one of our links, at no cost to you. The Ambitious Dollar is reader-supported and only recommends products and services that we believe in. Read our full disclaimer here. Short on time? Here’s what you need to know: Public is a free trading platform which makes it easy for newbies and passive investors to increase their confidence in investing, purchase fractional shares, and invest with even very small amounts of money. Public is limited in what it can offer in terms of complex investm ..read more

As of 2019, Chase Bank serves more than 51 million customers with more than 4,700 branches across the US. With a bank that serves so many people in that many locations, it might not surprise you to find out that they utilize more than a single routing number. Chase Bank actually has quite a long list of routing numbers. Below you’ll find out why it’s important to know which one to use and how to find it. State Routing Number Arizona 122100024 California 322271627 Colorado 102001017 Connecticut 021100361 Florida 267084131 Georgia 061092387 Idaho 123271978 Illinois 071000013 ..read more

First things first, what is EPS (Earnings Per Share)? The finance industry loves acronyms. So before we dive into what would be considered a good EPS, let’s first define what EPS means.  In a nutshell, Earnings Per Share (EPS) is an indicator used to quantify how profitable a company is, and is found by calculating profit divided by shares outstanding. What in the world does that mean? The above equation calculates EPS by taking net income (i.e. profit) and dividing it by the number of end-of-period shares outstanding. Hang tight, we’re about to jump into a vocabulary lesson, but we prom ..read more

This article may contain affiliate links, meaning we may receive a commission if you make a purchase through one of our links, at no cost to you. The Ambitious Dollar is reader-supported and only recommends products and services that we believe in. Read our full disclaimer here. Short on time? Here’s what you need to know about Personal Capital Whether or not you want to actually invest with Personal Capital, even the average DIY investor would struggle to find a better cohort of free financial management tools.  What is Personal Capital? First things first, it’s important to understand e ..read more

This article may contain affiliate links, meaning we may receive a commission if you make a purchase through one of our links, at no cost to you. The Ambitious Dollar is reader-supported and only recommends products and services that we believe in. Read our full disclaimer here. So first things first, if you’re wondering how to check your bank balance, it’s also important that you know why and how often you should check them. So let’s dive in. Checking your bank balances helps you to: Stay in charge of your finances and financial goals If you can measure it, you can manage it, right? Knowing y ..read more

As of 2020, Wells Fargo serves over 70 million customers with more than 7,200 locations across the United States. You might be surprised to know that not every Wells Fargo customer uses the same routing number. The bank actually has quite a long list of routing numbers – so it’s important to know which one to use and how to find it. What is a routing number? A routing number is a nine digit numerical code based on the location and financial institution where an account was opened. It is also often referred to as an ABA Routing Transit Number (ABA RTN). You can think of it like a virtual mailin ..read more

The Fear Of Missing Out (aka FOMO) is a real thing. Most of us are familiar with this concept in the social and professional realms, but FOMO is also a major issue in the personal finance realm for many investors.  What does stock market FOMO actually mean? You may be wondering exactly what FOMO looks like in the investing realm. Stock market FOMO presents itself in a few different ways.  Fear that you should have bought when you didn’t  Fear that you should have sold when you didn’t  Fear that you should not have bought when you did  Fear that you should not have sol ..read more

This article may contain affiliate links, meaning we may receive a commission if you make a purchase through one of our links, at no cost to you. The Ambitious Dollar is reader-supported and only recommends products and services that we believe in. Read our full disclaimer here. Short on time? Here’s the big takeaways for investing with Stash: Account minimum: $0 Invest with as little as 5 cents Fees: $1-$9 per month Current promotion: $5 bonus to start investing with upon signup (as of March 2021) Fractional shares User friendly app Who is Stash best for? Stash is best for beginner investor ..read more

Short on time? Here’s what you need to know: $50,000 a year is how much an hour? If you account for 52 working weeks per year and a 40 hour work-week, a salary of $50,000 equates to about $24.04 per hour. While this might seem like a simple calculation, there might be more to it than you think. Below you’ll find a full rundown of why you should care about your hourly rate, especially while comparing job offers.  $50,000 a year is how much an hour?  Here’s how to calculate it: The key is to correctly calculate the number of hours you work per week and multiply that by how many weeks y ..read more