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Financial Tips

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Why Fiat Currency Is Better Than Gold-Backed Currency

Something I’ve been hearing quite a bit is what’s going to happen when fiat currency comes to an end. First off, fiat currency is not coming to an end any time soon, especially for the United States. A lot of times, the people that are spewing this information are either companies that are trying to sell gold, saying we’re going to go back to a gold-backed currency, so buy gold now. This doesn’t make any sense to me. Why would you do that if we’re going back to a gold-backed currency? Because if we do go back to a gold-backed currency, then your money is linked to gold. So why would you need to buy gold if it’s going to link to gold anyway? In this article, I will show you why we have a fiat currency instead of a gold-backed currency and why it is better for the economy and the value of the dollar.

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How to Choose the Best Budgeting Software After Mint Shuts Down

Mint, the leading budgeting app for many years, is shutting down on January 1, 2024. If you are one of the millions of Mint users, you might be wondering what to do next. Don’t worry, there are plenty of other great budgeting software options that can help you manage your money. In this article, we will review some of the best ones and how they compare to Mint.

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