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December 6, 2021What Makes PrizePool One of the Best Savings Apps? Most savings account apps offer little to no incentive or reason to save – that, or they charge fees in return for lackluster services. At PrizePool, we are a different kind of savings account app. Quick Overview It’s Free! Don’t Just Store—Grow Your Wealth with PrizePool’s Guaranteed Payouts! High-Yield Interest Rates No Minimums No Risk…
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November 25, 20215 Ways to Set Money Boundaries During the Holidays The holidays may be a time of giving and joy, but they may also be a time of financial stress. Before you rip your hair out, here are 5 ways to set money boundaries during the holidays. Quick Overview Identify Wants vs. Needs Set a Spending Limit Minimize Your Gifting List Make Automatic Deposits Make…
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November 18, 2021How an Attitude of Gratitude Can Shape Your Reality The holidays are a great time to focus on gratitude. With a holiday literally dedicated to giving thanks and spending time with family and friends, it is pretty easy to do – on that one day. Why should we only give thanks in November and December? Determining how to be more grateful will improve your…
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November 15, 2021Saving Money for Travel: 7 Cheap Travel Hacks In the world of traveling, spending money is almost always at the forefront of your adventure. That’s why you’ll want to save money for traveling with these 7 cheap travel hacks! How to Save Money for Travel Travel off-season Book in advance Walk or use public transportation Use money-saving apps or websites Use credit card…
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November 15, 2021How to Work Holiday Expenses into Your Budget Without Breaking the Bank December is on its way and the holidays are just around the corner. You probably want to feel excited about Christmas, but sometimes the holidays feel more like a burden when all the gifts are coming out of your wallet. We get it. In fact, The National Retail Federation predicts that American consumers will spend…
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August 12, 2021How to Save for Retirement, Starting Now There comes a time in our lives when we will need – or want – to retire. Some individuals can retire sooner than others. Regardless of when you retire, you need to make sure you have enough money saved. So, how much do you need to save for retirement? Let’s dive in. How Much to…
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August 11, 2021Should I Save or Invest It Instead? Is it better to save or invest your money? Saving and investing are two different methods of growing wealth that share similar characteristics. Both have their pros and cons. We’ll talk about how to build wealth with either option. What’s the Difference Between Saving and Investing? The difference between the two is straightforward. Saving money…
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July 19, 2021Is a High-Yield Savings Account Worth It? Nearly every bank pays you interest when you deposit your cash with them. Yay for free money! Well, don’t get too excited. Did you know that the national average interest rate for a savings account is around 0.06 percent, according to the FDIC? For example, if you deposited $1,000 into a savings account that earns…
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March 30, 2021Saving Bonus of 0.30% We heard from a lot of you and we’re excited to share that in addition to all of the prizes that we offer today, we are also adding a monthly Saving bonus of 0.30%*! Saving Bonus of 0.30% starting in April The Saving bonus of 0.30% will be in addition to any prizes that you win!…
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March 5, 2021PrizePool Six Month Review It’s been six months since we launched PrizePool. This blog post is going to recap why we built PrizePool and highlight some statistics we thought would be interesting to our users. Our hope is to publish these statistics regularly and even build some of them into the app. We hope that this brings more transparency…
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