Issue #17 | Bond Giveaway, Cracking Down Personal Finance, GPS Based Insurance.
Greetings Worthies, here's the news you need to know this week. Reading time is 2:32 minutes.
Congrats to newsletter subscriber Jacob Bonenberger on winning a free $10 bond from Worthy this week - just our way of saying thanks for being a Worthie! Want to win one too? Click here to share this email with a friend for a chance to win a $10 Worthy Bond via the next random drawing.
What's going on? Anxious thinking about saving money, building your “rainy day” fund and understanding the whole investing thing? You are not alone. MillennialMoney looked into the biggest reasons people think that personal finance is confusing and finds that most of these reasons are easily solved with a bit of research and self-education.
Why is it worthy of your attention? You no longer have an excuse! The rise of fintech is creating a new era of transparency and ease for the consumer. Customers are discovering options that are much more appealing than the traditional financial institutions AND offer higher returns. That's where Worthy comes in! We are on a mission to provide economic opportunity for all by providing access to financial returns previously only offered to the wealthy. Join us to start earning a 5% return - with no fees - because everyone is worthy of financial freedom. LEARN MORE
What's going on?
We are super excited to be joining forces with the popular millennial finance blog, Centsai to bring even more compelling content and tips to our readers. Centsai is the hub for breaking down financial jargon through personal stories, quizzes, e-books, videos and more.
Why is it worthy of your attention? Through our partnership with Centsai, YOU, our reader, will have access to awesome content and tips that will help you save and grow your wealth and understand personal finance better. Stay tuned for new stories and articles we’ll be featuring soon.
FINTECH OF THE WEEK
What's going on? Thinking about traveling this year? FinTech company Revolut launches Geolocation-powered travel insurance for just a $1.24 per day. The GPS based application will automatically detect if you left your country and will apply their subscription option for you.
Why is it worthy of your attention? Now you can save money and time on personal insurance while traveling. Revolut is launching a subscription-based application for medical and dental insurance that will use your GPS to either turn off or turn on the insurance payments, allowing you to be free and secured no matter where you are. FULL STORY