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12 Great Summer Jobs for High School Students (USA)

Summer break means different things to different teenagers. For some, it’s a time to sleep in and binge TV shows. For others — the smart ones — it’s the perfect opportunity to earn real money, sharpen life skills, and take their first steps toward financial independence.

If you’re a high school student in the USA looking for ways to make the most of your summer, you’re in the right place. Whether you want to save up for college, contribute to household expenses, buy your first car, or simply learn how money works, a summer job can change your financial future in ways that a classroom never will.

At GlobalFinMate, we’re all about empowering people to make smarter financial decisions — and that starts young. In this guide, we’ll walk you through 12 great summer jobs for high school students, including what each job pays, what skills you’ll gain, and practical money tips to help you grow your earnings into something meaningful.

1. Babysitter

Average Pay: $18 – $25 per hour Minimum Age: 13+ (varies by state) Best For: Responsible teens with patience and a nurturing personality

Babysitting is one of the oldest and most dependable summer jobs for teenagers — and it pays better than most people expect. Busy parents, especially during summer when school is out, are constantly searching for reliable, trustworthy sitters to look after their children. If you’re dependable, calm in stressful situations, and genuinely good with kids, families will keep calling you back all summer long.

To command higher rates, consider getting CPR and First Aid certified through the American Red Cross. It’s a small investment that signals professionalism and earns you serious trust with parents. Platforms like Sittercity and Care.com also make it easy to connect with local families who need regular childcare help.

The more reliable you are, the more word spreads — and before you know it, your summer calendar fills up through referrals alone.

GlobalFinMate Money Tip: Babysitting income can be inconsistent week to week. Set up a simple budgeting system — note down every payment you receive and separate it into three buckets: savings (at least 40%), spending money, and an emergency fund. Even a small buffer of $100–$200 for unexpected expenses is a smart habit to build early.

2. Camp Counselor

Average Pay: $300 – $600 per week (many residential camps also provide free housing and meals) Minimum Age: 15–16 (varies by camp) Best For: Outgoing, energetic teens who enjoy working with kids and the outdoors

Working as a camp counselor is one of the most enriching summer jobs a teenager can take on. You’ll spend your days leading activities, keeping campers safe, solving problems on the fly, and building genuine connections with both kids and fellow counselors. It’s the kind of job that college admissions officers and future employers love to see on a resume.

Camps across the USA cater to almost every interest imaginable — sports, arts and crafts, music, STEM, nature, drama, and more. If you’d rather come home every night, day camps are a great option. If you want the full experience (and the cost-saving benefit of free room and board), residential overnight camps could mean your entire paycheck goes straight to savings.

Employers usually prefer candidates with safety certifications, but many camps are happy to train motivated applicants from scratch.

GlobalFinMate Money Tip: If your camp covers housing and meals, your expenses during those weeks drop to nearly zero. That’s a rare chance to save almost 100% of your earnings. Consider opening a student savings account before camp starts and automatically deposit your paycheck each week. By summer’s end, you could have a substantial nest egg.

3. Landscaping and Lawn Care Worker

Average Pay: $15 – $25 per hour (more if self-employed) Minimum Age: 14–16 Best For: Teens who enjoy working outdoors and don’t mind physical labor

There’s no shortage of lawn care work in American neighborhoods during summer. Grass grows fast, gardens need tending, hedges get unruly, and most homeowners simply don’t have the time or energy to keep up. That’s your opportunity.

You can either join an existing landscaping company or — for the entrepreneurial-minded teen — start your own small business by knocking on doors in your neighborhood. With a lawnmower (borrowed or rented to start), a trimmer, and a few flyers, you can build a steady roster of weekly clients fairly quickly. Some motivated teens earn $400–$800 per week just from neighborhood lawn care during peak season.

Institutional clients like schools, golf courses, and office parks also hire seasonal workers, though operating heavy machinery is typically restricted to those 18 and older.

GlobalFinMate Money Tip: If you operate your own lawn care business, you are technically self-employed. That means you should set aside roughly 20–25% of your earnings for taxes. Open a separate checking account just for business income and expenses — even a basic free student account works. Keeping your business and personal money separate is a habit that professional business owners swear by.

4. Pool Cleaner

Average Pay: $14 – $20 per hour Minimum Age: 14–16 (check local labor laws) Best For: Detail-oriented teens who enjoy working outdoors with a flexible schedule

If you live in a suburban neighborhood with plenty of private pools, pool cleaning is a goldmine hiding in plain sight. Homeowners with pools need them cleaned, chemically balanced, and maintained regularly throughout the summer — and many would rather pay someone else to do it than deal with it themselves.

Like lawn care, you can work independently or for an established pool service company. Condo complexes, apartment buildings, and homeowner’s associations with shared pools are also excellent clients to target since they need regular, reliable service all season long.

The work itself isn’t overly strenuous, there’s no boss hovering over your shoulder, and you can often set your own schedule — making it one of the more flexible summer jobs for high school students.

GlobalFinMate Money Tip: Pool cleaning equipment involves upfront costs — chemicals, testing kits, nets, brushes. Before spending out of pocket, ask a client to cover the first month’s supply costs, or factor supply costs into your pricing. Understanding how to price your services to cover both expenses and profit is one of the most valuable business skills you can develop as a teenager.

5. Career-Track Internship

Average Pay: $12 – $25 per hour (paid); career experience (unpaid) Minimum Age: 16+ Best For: Motivated, goal-oriented students with a clear career interest

Not every summer job has to be about the immediate paycheck. A structured internship in a field you’re genuinely interested in — finance, law, healthcare, technology, marketing — can open doors that no part-time job ever could. You’ll build professional connections, learn real industry skills, and get a competitive edge when applying to colleges and jobs down the road.

Many banks, credit unions, insurance companies, and financial firms offer summer internship programs specifically designed for high school students. Even if the position is unpaid, the mentorship and hands-on experience you gain are worth their weight in gold.

To find opportunities, speak with your school guidance counselor, ask family friends in professional fields, and search platforms like LinkedIn, Indeed, and Internships.com for teen-friendly summer openings.

GlobalFinMate Money Tip: If you’re interning at a financial institution, absorb everything you can — how loans work, what credit scores mean, how investments grow over time. Understanding these concepts in a real-world environment is an education money can’t easily buy. Ask your supervisor thoughtful questions. The connections you make in a summer internship can shape your entire career trajectory.

6. Tutor

Average Pay: $15 – $40 per hour Minimum Age: No formal requirement Best For: Academically strong students who excel in specific subjects

If you’re the student who always “gets it” faster than everyone else — in math, science, English, foreign languages, or standardized test prep — tutoring is one of the highest-value summer jobs available to teenagers. Parents actively seek out tutors for their kids during summer, either to keep knowledge fresh or to help struggling students catch up before the next school year.

As a high schooler, you’re actually in a unique position — younger students find it easier to connect with someone closer to their own age. Your methods are relatable, your experience with the subject matter is recent, and your energy is higher than many adult tutors.

Advertise your services on Nextdoor, Facebook community groups, local library bulletin boards, and word of mouth. Build a few client relationships early in summer, and referrals will take care of the rest.

GlobalFinMate Money Tip: Tutoring income is freelance income, which means taxes work differently than a traditional job. If you earn more than $400 in a year from tutoring, the IRS expects you to report it. Track every session and payment using a free tool like a simple spreadsheet or an app like Wave. Getting into the habit of tracking income and expenses now will save you major headaches once you’re an adult.

7. Barista or Restaurant Server

Average Pay: $12 – $20 per hour (base) + tips Minimum Age: 14–16 (varies by state and employer) Best For: Social, fast-paced teens who thrive in customer-facing environments

Coffee shops, diners, casual restaurants, and fast food chains ramp up hiring every summer — and they’re generally very willing to take on high school students with little to no experience. The work is fast, engaging, and rarely boring. You’ll learn how to multitask, handle pressure, communicate professionally, and work as part of a team.

Major chains like Starbucks are known for offering competitive starting wages (often $15–$20 per hour depending on location) plus benefits for part-time workers. Even tips at a modest coffee shop or brunch spot can significantly boost your weekly take-home pay.

GlobalFinMate Money Tip: If you earn tips, resist the urge to spend that cash immediately. A smart strategy is to keep your base paycheck for regular savings and use tips as “extra” money — either for personal spending or to accelerate your savings goal. This way, you always build wealth with your base income regardless of how tips fluctuate week to week.

8. Grocery Store Worker

Average Pay: $12 – $16 per hour Minimum Age: 14–15 (varies by state) Best For: Reliable, punctual teens looking for steady, structured work

Grocery stores are always hiring, and they’re one of the most accessible employers for first-time teen workers. Whether you’re bagging groceries, stocking shelves, running a cash register, or working in the deli department, supermarket jobs provide a solid introduction to the working world.

Pay tends to be a few steps above minimum wage, and larger chains often provide additional perks — employee discounts, scholarship programs, and even union membership in some cases. Union membership, in particular, means negotiated pay rates, protection from unfair treatment, and a built-in support structure that many teens never know exists.

Look into national chains like Trader Joe’s, Whole Foods, Kroger, Costco, and Publix, which are known for treating employees well and offering more than the industry standard.

GlobalFinMate Money Tip: Many grocery chains offer employee scholarship programs worth hundreds or even thousands of dollars toward college tuition. Before you take the job, ask HR about any education benefits. Free money for college is one of the best financial perks a summer job can offer — don’t leave it on the table.

9. Golf Course Caddy

Average Pay: Minimum wage base + tips (tips can range from $20 – $100+ per round) Minimum Age: 14 (where labor laws permit) Best For: Teens who enjoy golf, the outdoors, and are comfortable with physical activity

Caddying might not be on every teenager’s radar, but it’s one of the most financially rewarding summer jobs available for those who live near country clubs or golf courses. The base pay is modest, but golfers — especially at upscale private clubs — are known for generous tipping. On a busy summer weekend, a caddy can walk away with $100–$200 in tips in a single afternoon.

Beyond the pay, caddying builds interpersonal skills in a unique way. You’ll be spending several hours with professionals, business owners, and executives — the kind of people whose advice and connections can genuinely open doors later in life. Pay attention, be personable, and you never know what conversations might lead to.

Most courses provide basic caddy training before you hit the course, so prior golf experience isn’t always required — just a willingness to learn and a strong work ethic.

GlobalFinMate Money Tip: Tip income is still taxable income. Keep a simple log of what you receive each day so you’re not caught off guard at tax time. More importantly, tips are cash — which makes it tempting to spend them impulsively. Challenge yourself to bank at least 50% of every tip you receive. Over a full summer, that adds up to a meaningful amount.

10. Lifeguard

Average Pay: $12 – $18 per hour Minimum Age: 15–16 (varies by employer) Best For: Strong swimmers who are calm, alert, and comfortable with responsibility

Lifeguarding is one of the most iconic summer jobs for high school students — and for good reason. It combines outdoor work with a genuine sense of purpose. You’re not just earning money; you’re keeping people safe, which is a responsibility that builds real character.

To get certified, you’ll need to complete CPR training, basic first aid, bloodborne pathogen awareness, and a water rescue course through organizations like the American Red Cross or YMCA. The certification process takes a weekend or two, and many employers will even reimburse the cost once you’re hired.

Public pools, beaches, water parks, and community recreation centers hire lifeguards every summer, and many areas face shortages — meaning jobs are easier to land than you might think.

GlobalFinMate Money Tip: Lifeguarding is often a multi-summer job. Teens who return each year frequently get pay raises and senior roles. If you plan to work the same job for two or three summers, think long-term: what does that total income look like over three years? How much could you save toward college, a car, or an investment account? Planning ahead is what separates people who build wealth from those who just earn and spend.

11. Handyperson or Painter

Average Pay: $15 – $25 per hour Minimum Age: No formal requirement Best For: Practically skilled teens who can follow instructions and work independently

Home improvement projects spike during summer — and many homeowners are happy to pay a responsible, affordable helper to tackle the smaller jobs they keep putting off. Painting fences, touching up interior rooms, laying mulch, cleaning gutters, installing shelving, or moving furniture are all tasks within reach of a capable teenager.

You don’t need a license or professional training for most of these jobs — just a willingness to show up on time, listen carefully, and do the work with care. Advertise on Nextdoor, Facebook Marketplace, and neighborhood community boards to find your first few clients. Once you build a reputation for reliability, word-of-mouth will fuel your schedule.

Be realistic about what you can and can’t do. Avoid offering services that involve plumbing, electrical work, or roofing — these carry real safety risks and liability concerns without proper training.

GlobalFinMate Money Tip: When quoting prices for handyman jobs, don’t undersell yourself. Research what professionals charge in your area and price your services accordingly — perhaps 20–30% less to reflect your experience level, but not so low that you devalue your time. Learning how to price your labor confidently is one of the most important financial skills you’ll ever develop.

12. Dog Walker or Pet Sitter

Average Pay: $15 – $25 per walk | $30 – $70 per overnight stay Minimum Age: No formal requirement (most platforms require 18+, but you can find clients independently) Best For: Animal lovers who want flexibility and a fun working environment

Summer travel season means millions of American pet owners need someone they trust to care for their furry family members while they’re away. Dog walking and pet sitting are some of the most enjoyable, flexible, and in-demand summer jobs for teenagers — and the pay is better than many people expect.

You can build your own client base through platforms like Rover and Wag!, or simply reach out to pet-owning neighbors and family friends directly. Once you establish yourself as a dependable, caring sitter, repeat clients and referrals will keep your summer booked solid.

A pet first aid certification can help you stand out and charge more — much like CPR certification does for babysitters.

GlobalFinMate Money Tip: Dog walking and pet sitting income can vary wildly week to week. Some weeks you’ll be fully booked; others might be quiet. This makes it an ideal job for learning how to budget with irregular income. Set a baseline weekly savings goal — say, $50 — and commit to hitting it no matter how much you earn. In high-earning weeks, save more. This “baseline + bonus” budgeting method is used by freelancers and entrepreneurs across all income levels.

FAQs

At what age can I actually start working?

In most of the USA, the minimum age for non-agricultural work is 14, though specific rules vary by state. Younger teens (13+) can often take on informal roles like babysitting or neighborhood yard work. Always check your state’s Department of Labor website for specific age and hour restrictions.

Do I need a “work permit”?

If you are under 18, many states require a Youth Employment Certificate or work permit. These are usually easy to get through your school’s guidance office. You’ll typically need proof of age (like a birth certificate) and a parent’s signature.

What are the hour restrictions for teens during summer?

Since school is out, labor laws are more relaxed, but there are still limits. Generally, 14- and 15-year-olds cannot work more than 8 hours a day or 40 hours a week. For 16- and 17-year-olds, many states allow up to 48 hours a week, but they often cannot work past midnight on nights not followed by a school day.

Do I have to pay taxes on my summer earnings?

Yes, but how you pay depends on the job. Traditional Jobs (W-2): Taxes are automatically taken out of your paycheck. Self-Employed (1099/Freelance): If you earn more than $400 (e.g., from tutoring or lawn care), you are responsible for reporting and paying your own taxes. GlobalFinMate recommends setting aside 20-25% of this income in a separate account for tax time.

Will a summer job really help my college application?

Absolutely. Admissions officers value work experience because it proves you have “soft skills” like time management, responsibility, and the ability to work in a team. A job as a camp counselor or lifeguard often carries as much weight as an extracurricular club.

Final Thoughts: Earn Well, Save Smart

Summer jobs are more than just a way for high school students to stay busy — they’re a stepping stone toward financial independence, real-world experience, and future career opportunities. Whether you choose tutoring, lifeguarding, interning, babysitting, or even starting your own small service business, every job equips you with valuable skills that classrooms simply can’t teach.

The key is simple: earn smart and save smarter. Even modest summer earnings can grow into something meaningful when managed wisely — whether you’re saving for college, planning for your first car, or setting up a long-term investment habit.

At GlobalFinMate, we believe that financial confidence starts young. Choose a job that fits your personality, stay consistent, and remember: the habits you build this summer can shape your financial future for years to come.

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20 Great Career Fields for the Future (Next 10 Years)

Let’s be honest — choosing a career is one of the most important financial decisions you’ll ever make. It shapes how much money you earn, how stable your life feels, and whether you’re chasing opportunities or waiting for them to find you.

For a long time, people were told to “follow their passion.” And while that sounds inspiring, passion alone doesn’t pay the rent. If you’re working in a shrinking industry or a field with too many candidates and too few jobs, even the most motivated person can end up frustrated.

A smarter approach? Find work you can genuinely enjoy AND build a skill set around careers that the economy actually needs. When you land at that intersection, you stop worrying about job security and start thinking about growth.

So, which careers actually fit that description right now? The U.S. Bureau of Labor Statistics (BLS) publishes an Occupational Outlook Handbook that tracks job growth, median wages, and education requirements across hundreds of occupations. Using that data as a foundation, we’ve put together this guide to 20 career fields that show strong potential over the next decade.

What Makes a Career “Future-Proof”?

Before diving into the list, it helps to understand what we’re looking for. Three factors stand out when evaluating career longevity:

Job Growth Rate — Is the demand for this role increasing? A career growing faster than the national average (roughly 7%) signals that employers are actively hiring and that won’t slow down anytime soon.

Earning Potential — A good career should allow you to cover your everyday costs, save for the future, build an emergency fund, and eventually reach major financial goals like buying a home or retiring comfortably. As a rough benchmark, a median income of $75,000 or more tends to support a middle-class lifestyle in most U.S. states.

Education vs. Return — Some high-paying roles require years of advanced study. Others only need an associate’s degree or specialized training. Knowing what you’re investing before you commit is critical, especially with student loan debt being such a major burden for so many people today.

The careers on this list generally score well on all three dimensions.

20 Great Career Fields for the Future

1. Software Developer

Technology isn’t slowing down, and neither is the demand for people who build it. Software developers design, write, and maintain the programs that power everything from smartphone apps to corporate networks. They study user needs, write code to meet those needs, test their work, and keep updating systems as technology changes.

Work Environment: Mostly office-based or remote. Full-time schedule, often in collaborative teams.

Education: Bachelor’s degree in computer science or a related field. Staying current with new programming languages is essential throughout the career.

Median Annual Salary: Around $109,000

Projected Job Growth: Approximately 25% over the next decade — that translates to hundreds of thousands of new positions.

If you enjoy logical thinking and problem-solving, this is one of the most financially rewarding paths available.

2. Financial Manager

Every organization — whether it’s a startup, a hospital, a bank, or a government agency — needs someone to oversee its money. Financial managers track income and expenses, prepare financial reports, manage investments, and guide long-term financial planning.

This role sits at the intersection of strategy and numbers. It’s not just about bookkeeping; it’s about helping organizations make smarter decisions with their resources.

Work Environment: Banks, insurance firms, investment companies, and corporations. Typically full-time with close collaboration with senior leadership.

Education: Four-year degree in finance, economics, or business. Several years of experience in a related financial role is usually expected.

Median Annual Salary: Around $131,000

Projected Job Growth: Roughly 17%, adding over 120,000 new jobs

For those with a passion for finance, this is one of the most rewarding long-term career paths available.

3. Nurse Practitioner (NP)

Healthcare continues to be one of the most stable and in-demand industries in the world. A Nurse Practitioner goes well beyond the role of a standard registered nurse — NPs can diagnose conditions, prescribe medications, and manage patient care independently in many states.

The growing and aging population means that demand for NPs is not just steady, it’s accelerating.

Work Environment: Hospitals, clinics, urgent care centers, schools, and private practices.

Education: Must first become a licensed registered nurse, then complete a graduate-level NP program and earn national certification.

Median Annual Salary: Around $123,000

Projected Job Growth: Up to 40% over the next decade — one of the fastest-growing occupations in the entire country

If you’re drawn to helping people and can handle the educational commitment, this career offers exceptional job security and income.

4. Medical and Health Services Manager

Behind every well-run hospital or clinic, there’s a team of health services managers keeping everything organized. These professionals handle scheduling, billing, medical records, compliance, and coordination between departments — so that doctors and nurses can focus entirely on patients.

Work Environment: Hospitals, group practices, nursing homes, and clinics.

Education: A bachelor’s degree in healthcare administration is typically the minimum. Many employers prefer a master’s degree.

Median Annual Salary: Around $101,000

Projected Job Growth: Around 28%, adding more than 136,000 new positions

This is a great option for people who want to work in healthcare without being in a clinical role.

5. Information Security Analyst

As more of our personal, financial, and business activity moves online, the need to protect that data has become critical. Information security analysts build and maintain defenses against cyberattacks. They monitor systems, investigate breaches, install protective software, and develop recovery plans.

Given that data breaches cost businesses millions and can destroy customer trust overnight, companies aren’t cutting this role anytime soon.

Work Environment: Finance, insurance, tech, and consulting companies. Demanding hours when security incidents occur.

Education: Bachelor’s degree in computer science or a related field. Experience in database administration or IT systems is a strong advantage.

Median Annual Salary: Around $102,000

Projected Job Growth: Around 35% — among the highest of any tech occupation

If you’re interested in technology and also care about protecting people and systems, this is a compelling path.

6. Data Scientist

We live in a data-driven world. Companies collect enormous amounts of information every day — about customer behavior, sales trends, market shifts, and more. Data scientists are the people who turn that raw data into clear, actionable insights using math, programming, and statistical modeling.

Work Environment: Any large organization across industries including finance, retail, healthcare, and government. Primarily desk-based with strong analytical tools.

Education: A bachelor’s degree in math, statistics, computer science, or engineering is a starting point. Most data scientists hold a master’s degree or higher.

Median Annual Salary: Around $100,000

Projected Job Growth: About 36%, adding more than 40,000 new roles

This field suits people who are comfortable with numbers, enjoy uncovering patterns, and want a career at the center of business decision-making.

7. Physician Assistant (PA)

Similar to a Nurse Practitioner, a Physician Assistant works closely with doctors to deliver patient care. PAs can examine patients, order lab work, interpret results, diagnose illnesses, prescribe treatments, and in some rural areas, serve as a patient’s primary care provider.

Work Environment: Doctors’ offices, hospitals, surgical centers, and clinics. Full-time schedule, sometimes including evenings or weekends.

Education: A master’s degree from an accredited PA program is required, typically after completing a bachelor’s degree. Many PAs come from backgrounds as nurses, paramedics, or EMTs.

Median Annual Salary: Around $121,000

Projected Job Growth: Around 28%, with nearly 40,000 new jobs expected

This is a high-earning, high-impact healthcare career that requires less training time than becoming a physician.

8. Management Analyst (Consultant)

Businesses regularly bring in outside experts to identify inefficiencies, reduce waste, and find new ways to grow. Management analysts — often called management consultants — do exactly that. They study how a company operates, speak with staff at all levels, review financial data, and present recommendations to leadership.

Work Environment: A mix of their own office and their clients’ locations. Travel is common, and deadlines can be intense.

Education: A bachelor’s degree in business, social science, or engineering is the baseline. An MBA is preferred by many firms. Relevant industry experience adds significant value.

Median Annual Salary: Around $93,000

Projected Job Growth: About 11%, adding more than 100,000 jobs

If you like variety, problem-solving across industries, and strategic thinking, this career offers both challenge and solid compensation.

9. Physical Therapist

Physical therapists help people recover movement and manage pain following injuries, surgeries, or chronic conditions. Through targeted exercises, hands-on techniques, and patient education, they help people rebuild strength and regain independence.

Work Environment: Clinics, hospitals, rehabilitation centers, nursing homes, and private homes.

Education: A Doctor of Physical Therapy (DPT) degree is required. These programs typically take three years after completing an undergraduate degree.

Median Annual Salary: Around $95,000

Projected Job Growth: Around 17%, with more than 40,000 new positions expected

An aging population and growing awareness of physical rehabilitation ensure steady demand in this field for decades to come.

10. Logistician

When the global supply chain broke down during the pandemic, the world got a crash course in how essential logistics professionals really are. Logisticians manage the flow of goods from production to delivery — overseeing inventory, transportation, warehousing, and the many moving parts of a supply chain.

Work Environment: Manufacturing companies, retail chains, government agencies, and logistics firms. Fast-paced and detail-oriented.

Education: A four-year degree is standard, though some companies accept candidates with an associate’s degree and practical experience. Military service is also a recognized pathway.

Median Annual Salary: Around $77,000

Projected Job Growth: Around 28%, adding roughly 54,000 new jobs

As global trade continues to grow and companies prioritize supply chain resilience, this career offers strong stability.

11. Operations Research Analyst

These professionals use mathematical modeling and statistical analysis to help businesses solve complex operational challenges. Think of them as problem-solvers who work with numbers — helping companies decide how to allocate budgets, price products, schedule workers, or organize inventory more efficiently.

Work Environment: Offices across a wide range of industries, often in teams alongside engineers and executives.

Education: A bachelor’s degree in math, engineering, or business is a typical starting point. Many employers prefer a master’s degree for senior-level roles.

Median Annual Salary: Around $82,000

Projected Job Growth: About 23%, adding more than 24,000 new positions

If you enjoy applied mathematics and want a career that sits at the center of business strategy, this is worth exploring.

12. Web Developer

Every business today needs a digital presence, and behind every functional website is a web developer. These professionals are responsible for how a site looks, how fast it loads, how it handles traffic, and how users interact with it. The field includes front-end developers (user experience and design), back-end developers (the infrastructure), and full-stack developers (both).

Work Environment: Offices, agencies, or remote. Nearly 1 in 5 web developers are self-employed.

Education: Ranges from a high school diploma with specialized coding skills to a bachelor’s degree in computer science. Many developers build their skills through online bootcamps or self-directed learning.

Median Annual Salary: Around $78,000

Projected Job Growth: About 23%, with more than 45,000 new jobs expected

One of the more accessible tech careers, especially for people who prefer self-directed learning over formal degrees.

13. Medical Scientist

Every medical breakthrough — from vaccines to new cancer treatments — starts with research. Medical scientists conduct lab experiments and field studies to understand diseases, develop new drugs and therapies, and help design public health programs.

Work Environment: Research hospitals, pharmaceutical companies, universities, and government health agencies.

Education: Most medical scientists hold a PhD in biology or a life science. Some hold an MD instead.

Median Annual Salary: Around $95,000

Projected Job Growth: About 17%, adding more than 20,000 new jobs

This career is ideal for those who are deeply curious, patient with long research timelines, and motivated by making a difference at scale.

14. Speech-Language Pathologist

Speech-language pathologists work with patients who have difficulty speaking, communicating, or swallowing. They assess the root causes of these challenges and develop personalized treatment programs. Their patients range from young children with developmental delays to adults recovering from strokes.

Work Environment: Schools account for nearly 40% of all positions in this field. The rest work in hospitals, nursing homes, private clinics, and therapy offices.

Education: A master’s degree in speech-language pathology is the standard requirement. Licensure and clinical hours are also required.

Median Annual Salary: Around $79,000

Projected Job Growth: About 21%, with 34,000 new roles projected

A deeply human-centered profession that offers consistent demand across both education and healthcare sectors.

15. Occupational Therapist

Where physical therapists focus on mobility and pain, occupational therapists help patients with the practical tasks of daily life — things like cooking, dressing, writing, or using a computer. They serve patients recovering from injuries, living with disabilities, or managing chronic conditions.

Work Environment: Hospitals, schools, nursing homes, rehabilitation centers, and clients’ homes. Physically active work with a lot of patient interaction.

Education: A master’s degree in occupational therapy is standard. Some programs offer combined bachelor’s/master’s tracks over five years.

Median Annual Salary: Around $85,000

Projected Job Growth: About 14%, adding more than 18,000 new positions

An excellent career for empathetic, hands-on professionals who want meaningful daily work.

16. Statistician

Statisticians apply mathematical theory to analyze and interpret numerical data, helping organizations in government, finance, healthcare, agriculture, and education make informed decisions. Their work is similar to data science but tends to focus more heavily on mathematical methodology.

Work Environment: Often in government agencies, academic institutions, or private research companies. Collaborative work with scientists, economists, and engineers.

Education: A master’s degree in mathematics or statistics is typically required, though some entry-level positions accept a bachelor’s degree.

Median Annual Salary: Around $96,000

Projected Job Growth: About 31% — a notably strong growth rate for a specialized field

As data continues to drive more decisions across every industry, demand for rigorous statistical expertise will only increase.

17. Industrial Engineer

Industrial engineers design and optimize the systems that businesses use to produce goods or deliver services. They analyze workflows, assess how workers, machines, materials, and information interact, and recommend improvements that reduce costs and increase efficiency.

Work Environment: A mix of factory floors, construction sites, and office desks. Travel to observe operations in person is common.

Education: A bachelor’s degree in industrial engineering or a related field. Some research and teaching roles require a master’s degree.

Median Annual Salary: Around $95,000

Projected Job Growth: About 10%, adding more than 30,000 new positions

A practical, results-oriented engineering discipline that applies across manufacturing, logistics, healthcare, and beyond.

18. Airline Pilot

Flying commercial aircraft comes with significant responsibility and equally significant rewards. Pilots don’t just sit in the cockpit — they inspect the aircraft before every flight, file flight plans, monitor weather conditions, manage in-flight systems, and handle emergencies calmly and professionally.

Work Environment: Major airlines, cargo carriers, private charter services, and specialized aviation roles like medical transport. Irregular schedules and overnight layovers are common.

Education: A commercial pilot’s license from the FAA is mandatory. Many airlines additionally prefer candidates with a bachelor’s degree. Most pilots also log thousands of flight hours before reaching commercial airlines.

Median Annual Salary: Around $134,000

Projected Job Growth: About 6%, adding close to 8,000 new positions

While growth is modest compared to other careers on this list, the salary is exceptional and pilot retirements are creating steady hiring demand.

19. Veterinarian

Veterinarians provide medical care for animals — from household pets to farm livestock and zoo animals. Beyond treating individual animals, they also play a role in protecting public health by monitoring disease outbreaks in animal populations and helping maintain safe food supply standards.

Work Environment: Private animal clinics, animal hospitals, research institutions, farms, and zoos.

Education: A Doctor of Veterinary Medicine (DVM) degree from an accredited veterinary college, typically four years of post-undergraduate study.

Median Annual Salary: Around $100,000

Projected Job Growth: About 19%, with nearly 17,000 new jobs expected

Pet ownership continues to rise, and with it comes greater spending on animal health — keeping demand for qualified vets strong.

20. Producer or Director

Creative industries are evolving rapidly, with streaming platforms, digital media, and branded content creating more demand than ever for skilled producers and directors. These professionals oversee the creation of films, TV shows, commercials, podcasts, and live productions — managing both the artistic vision and the business logistics.

Work Environment: Film studios, broadcast networks, streaming platforms, advertising agencies, and theaters. Hours are long and schedules are unpredictable.

Education: A bachelor’s degree in film, communications, or a related field. Experience in related roles (editing, acting, cinematography) is often just as important as formal education.

Median Annual Salary: Around $79,000

Projected Job Growth: About 8%, adding more than 12,000 new jobs

For those with creative ambition and the ability to manage people, budgets, and timelines simultaneously, this can be an extremely fulfilling career.

FAQs

Which careers are most resistant to AI automation in 2026?

The most AI-resistant careers are those that require high emotional intelligence, complex physical dexterity, or strategic human judgment. This includes healthcare roles like Nurse Practitioners and Physical Therapists, where human empathy and physical touch are essential. Additionally, roles like Management Analysts and Industrial Engineers remain secure because they involve navigating unpredictable human variables and organizational ethics that AI cannot yet replicate.

Is “Skills-Based Hiring” replacing traditional college degrees?

Yes, the shift is accelerating. In 2026, many top employers—especially in tech and logistics—are prioritizing proven skills and portfolios over GPAs. While degrees remain vital for regulated fields like medicine and finance, “New-Collar” roles in Web Development and Information Security often value industry certifications and hands-on experience (like bootcamps or military service) as much as, or more than, a four-year degree.

What is the highest-paying career with the shortest education path?

In the current market, Nurse Practitioners (NPs) and Physician Assistants (PAs) offer the best “Return on Education.” While they require graduate-level training, the path is significantly shorter and less expensive than becoming a Medical Doctor, yet both roles boast median salaries well over $120,000 and are among the fastest-growing occupations in the U.S.

Will AI replace Software Developers by 2030?

No. Current data from 2026 shows that while AI tools (like LLM-powered coding assistants) are automating routine syntax, they have actually increased the demand for skilled developers. Companies now need “Architect-level” developers who can oversee AI-generated code, ensure security compliance, and solve complex system-level problems. Software Development is projected to grow by 25% over the next decade.

What are the best “Recession-Proof” industries right now?

Healthcare, Cybersecurity, and Logistics are the strongest recession-proof fields. Healthcare demand is driven by an aging population rather than economic cycles. Information Security Analysts are essential because data protection is a non-negotiable cost for businesses, and Logisticians remain critical as global supply chains prioritize resilience and “just-in-case” inventory management.

Conclusion: Great Career Fields for Future

The careers listed above share a few things in common: they’re growing, they pay well, and they serve genuine, lasting human needs — whether that’s healthcare, technology, finance, or creative expression.

That said, no career list can tell you exactly what’s right for you. A job that looks perfect on paper might feel completely wrong in practice. The best approach is to combine your own honest self-assessment — your strengths, interests, and lifestyle priorities — with smart research into where the economy is actually heading.

Use tools like the BLS Occupational Outlook Handbook to dig deeper into any role that interests you. Think about the education investment required versus the long-term earning potential. And most importantly, look for careers where your genuine interests and market demand actually overlap. That’s the sweet spot where financial stability and personal fulfillment meet.

At GlobalFinMate, we’re here to help you make smarter decisions around careers, money, banking, investing, and more. Whether you’re just starting out or thinking about a mid-career pivot, knowing where the opportunities are is always the first step.

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13 Best Bank Promotions & Bonus Offers

Find out how you can get cash bonuses through the best bank promotions for setting up new checking & savings accounts, and CDs, right here on GlobalFinMate!

Unlock Extra Cash: Your Guide to Top Bank Bonuses in March 2026

Who doesn’t love free money? In today’s competitive financial landscape, banks are constantly vying for your business, and one of the most exciting ways they do this is by offering generous cash bonuses for opening new accounts. If you’ve been considering switching banks, opening a new checking or savings account, or looking for high-yield Certificates of Deposit (CDs), March 2026 might just be your golden opportunity to pocket some extra cash. At globalfinmate, we’re here to guide you through the maze of promotions, helping you identify the most lucrative offers.

Forget the days when bank accounts just sat there. Now, they can be a source of immediate financial gain. From hundreds of dollars for a new checking account to substantial sums for specific savings tiers or CD deposits, these promotions are designed to entice new customers and reward smart financial moves. But how do you navigate these offers? What are the catches? And which banks are offering the best deals right now? Let’s dive in.

Why Do Banks Offer These Lucrative Bonuses?

It might seem too good to be true – a bank giving you money just for opening an account. However, there’s a clear strategic reason behind these promotions. Banks operate on a simple principle: they need deposits to fund their lending activities. The more deposits they have, the more loans they can issue, and ultimately, the more profit they can generate. Attracting new customers, especially those who bring in significant deposits or establish long-term relationships, is incredibly valuable.

Customer Acquisition: Bonuses are a powerful incentive to get new customers through their doors, much like a store offering a discount to new shoppers.

Deposit Growth: Many bonuses require a minimum deposit, which directly boosts the bank’s overall deposit base.

Long-Term Relationships: Banks hope that once you’ve opened an account and experienced their services, you’ll become a loyal, long-term customer, potentially using other products like credit cards, mortgages, or investment services.

Market Share: In a crowded banking sector, promotions help banks stand out from the competition and capture a larger slice of the market.

The Trifecta of Bonuses: Checking, Savings & CDs

Bank promotions typically fall into three main categories. Understanding the nuances of each will help you target the offers that best suit your financial needs.

1. Checking Account Bonuses

Checking accounts are often the first point of contact for many customers. Banks offer bonuses for these accounts to encourage you to make them your primary banking hub. These bonuses are usually tied to activities that demonstrate you’ll be an active customer.

Common Requirements:

Direct Deposit: This is a big one. Banks want your regular paycheck or government benefits to be deposited directly into your new checking account. They often specify a minimum total amount (e.g., $1,000 or $2,500) within a certain timeframe (e.g., 60 or 90 days).

Debit Card Transactions: Making a certain number of debit card purchases (e.g., 10-20 transactions) within a specified period can also trigger a bonus.

Online Bill Pay: Setting up and making a few bill payments through the bank’s online platform.

Minimum Balance: Sometimes, maintaining a minimum average daily balance for a few months.

Why they’re great: If you’re already receiving direct deposits, these bonuses can be relatively easy to earn by simply switching where your money lands.

2. Savings Account Bonuses

Savings accounts are crucial for banks as they represent stable, long-term deposits. Bonuses here often require you to deposit a significant sum and keep it in the account for an extended period.

Common Requirements:

Large Initial Deposit: You might need to deposit a substantial amount (e.g., $15,000, $50,000, or even more) to qualify.

Balance Maintenance: The deposited funds must typically be held in the account for a specific duration (e.g., 90 days, 6 months) without falling below a certain threshold.

New Money Requirement: Banks often specify that the deposited funds must be “new money” – meaning it can’t be transferred from an existing account at the same bank.

Why they’re great: If you have a lump sum of cash sitting idle, these bonuses can offer a fantastic return in addition to any interest earned, especially compared to standard savings rates.

3. Certificate of Deposit (CD) Bonuses

CDs offer fixed interest rates for a fixed term, making them very predictable for both the bank and the customer. CD bonuses are less common than checking or savings bonuses but can be found, often bundled with other accounts or for very large deposits.

Common Requirements:

Large Deposit Amount: Similar to savings accounts, higher deposits usually correlate with better bonus opportunities.

Specific Term Length: Bonuses might be tied to opening a CD with a particular term (e.g., 1-year, 3-year, 5-year).

Bundled Offers: Sometimes, a CD bonus is offered when you also open a checking or savings account with the same institution.

Why they’re great: CDs are a safe way to grow your money, and a bonus on top makes them even more appealing for those looking for guaranteed returns without market risk.

Navigating the Fine Print: How to Successfully Earn Your Bonus

Earning a bank bonus isn’t just about finding the offer; it’s about understanding and meeting the specific terms and conditions. Missing a single requirement can disqualify you, so attention to detail is paramount.

Read ALL the Terms and Conditions: This is the golden rule. Pay close attention to:

Eligibility: Are you a “new customer”? Banks usually define this as someone who hasn’t had an account with them (or an affiliate) in the last 12, 24, or even 36 months.

Offer Expiration Date: Ensure you open the account and meet all requirements before the offer expires.

Bonus Qualification Period: How long do you have from account opening to meet direct deposit, transaction, or balance requirements?

Bonus Payout Timeline: When will the bonus hit your account after you’ve met the requirements? It can range from weeks to a few months.

Early Closure Fees: Some banks will claw back the bonus or charge a fee if you close the account too soon (e.g., within 6 months).

“New Money” Rules: For savings and CD bonuses, ensure the funds you deposit originate from outside the offering bank.

Set Reminders: Use calendars or alerts to track deadlines for direct deposits, debit card transactions, and minimum balance requirements.

Document Everything: Keep screenshots of the offer, confirmation emails, and records of your transactions and deposits.

Tax Implications: Remember, bank bonuses are generally considered taxable income. The bank will typically send you a 1099-INT form if the bonus is over a certain amount ($10). Factor this into your overall return.

Finding the Best Promotions for March 2026

With so many banks out there, how do you pinpoint the best deals? Here at globalfinmate, we make it our mission to help you find and compare these offers effectively. While specific offers change frequently, here’s how to approach your search:

Bank Websites Directly: Many major national and regional banks prominently feature their promotions on their homepages. Check out institutions like Chase, Bank of America, Wells Fargo, Citi, Capital One, and various online-only banks.

Financial Comparison Sites: Websites like ours, globalfinmate.com, aggregate and review bank promotions, often providing detailed breakdowns of requirements and eligibility. This is an excellent starting point for a comprehensive overview.

Local Credit Unions: Don’t overlook smaller, local credit unions. They often have competitive offers and a focus on community members, sometimes with less stringent requirements than larger banks.

Targeted Offers: Keep an eye on your mailbox and email for personalized offers. Banks sometimes send out special deals to specific demographics or those who have shown interest in their products.

For March 2026, keep an eye out for offers boasting bonuses of $200, $300, or even $500+ for checking accounts with direct deposit. Savings account bonuses requiring deposits of $15,000-$25,000 can yield $200-$400, while larger deposits can command even more. CD bonuses, though rarer, are usually tied to very high deposit amounts or specific term lengths offering above-average rates.

Maximizing Your Bonus Game

Strategically pursuing bank bonuses can be a rewarding financial hobby. Here are some advanced tips:

The “Churning” Debate: Some savvy individuals “churn” bank accounts, opening and closing them repeatedly to collect multiple bonuses. Be cautious, as opening too many accounts too quickly can raise flags with banks and potentially impact your credit report (though less so than credit cards). Always respect the “new customer” timeframe for each bank.

Staggering Offers: Don’t try to tackle too many demanding offers at once. Stagger them to ensure you can meet all the requirements without stress.

Start Small: If you’re new to this, begin with simpler checking account offers that only require direct deposits.

Is a Bank Bonus Right for You?

While the allure of free money is strong, consider if pursuing bank bonuses aligns with your financial goals. If you’re organized, disciplined, and willing to navigate the fine print, these bonuses can be an excellent way to boost your savings, fund a specific goal, or simply provide some extra spending money. However, if you struggle with keeping track of deadlines or don’t have the “new money” required for larger savings/CD bonuses, it might be more hassle than it’s worth.

FAQs

What is the best bank account bonus available in March 2026?

The “best” bonus depends on your liquidity. Currently, for high-net-worth individuals, Chase Private Client offers up to $3,000 for significant new deposits. For those looking for a standard checking bonus, Chase Total Checking® is offering $400 for new customers who set up qualifying direct deposits, while Huntington Bank and PNC have offers ranging from $400 to $600 for meeting tiered deposit requirements.

How do I qualify for a bank sign-up bonus?

Most bank promotions require three main steps: Open a New Account: You must be a “new customer” (typically haven’t owned an account with that bank in the last 12–24 months). Qualifying Activity: This usually involves receiving a minimum amount in Direct Deposits (payroll or government benefits) or maintaining a specific Minimum Balance for 60 to 90 days. Use a Promo Code: Some banks require a specific coupon code at the time of application to track the promotion.

Are bank bonuses considered taxable income?

Yes. Most bank bonuses are viewed by the IRS as interest income, not a gift. You should expect to receive a 1099-INT form at the end of the year for any bonus over $10. It is important to factor this into your net gain when comparing offers.

Can I open multiple bank accounts to get several bonuses?

Yes, a strategy often called “bank churning.” As long as you meet the specific requirements for each bank and ensure you aren’t violating “new customer” clauses, you can earn multiple bonuses. However, be mindful of your credit report; while opening a bank account usually involves a “soft pull” that doesn’t affect your score, some institutions may perform a “hard pull.”

What counts as a “qualifying direct deposit”?

Banks typically define this as an electronic deposit of your paycheck, pension, or government benefits (like Social Security). Important Note: Standard ACH transfers from another bank, Zelle transfers, or peer-to-peer payments (like Venmo) usually do not count toward the bonus requirement.

Conclusion: Your Path to Financial Rewards Begins Now!

Bank promotions offer a genuine opportunity to put hundreds, or even thousands, of extra dollars into your pocket throughout the year. As we move through March 2026, a wealth of opportunities awaits for those willing to do a little homework. By understanding the different types of offers, meticulously reading the terms, and strategically planning your approach, you can successfully leverage these bonuses to enhance your financial well-being.

Ready to start your journey? Head over to globalfinmate.com to explore the latest and greatest bank promotions and bonus offers. Your next cash bonus could be just a few clicks away!

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Reno surpasses Las Vegas as top destination for California homebuyers seeking affordability

The Golden State has long been synonymous with opportunity and innovation, but for many residents, the dream of homeownership has become an increasingly distant reality. Skyrocketing housing prices, coupled with a high cost of living, have spurred a significant exodus from California. While Las Vegas traditionally served as the primary magnet for Californians seeking a more affordable lifestyle in Nevada, a new contender has emerged, quietly, yet decisively, claiming the top spot: Reno. Nevada’s second-largest metropolitan area is now attracting a surge of California homebuyers, signaling a significant shift in regional migration patterns.

The Exodus Continues: Why Californians Are Looking East

For years, Californians have been migrating out of the state in search of greener pastures — or, more accurately, more affordable housing markets. Major urban centers like Los Angeles, San Francisco, and San Diego boast some of the most expensive real estate in the nation, pushing even high-income earners out of contention for homeownership. The lure of lower home prices, combined with Nevada’s lack of state income tax, has always made the Silver State an attractive option. However, what began as a trickle has become a steady stream, and now, Reno is at the forefront of this movement.

Reno’s Irresistible Appeal: More Than Just Affordability

Unbeatable Value in Real Estate

The primary driver behind Reno’s surge in popularity is undoubtedly affordability. While California’s median home prices consistently hover around the $800,000 to $1 million mark in many desirable areas, Reno offers a stark contrast. Buyers can find significantly more home for their money, often with modern amenities and larger lots. Even as Reno’s market has seen appreciation due to demand, it remains substantially more accessible than its Californian counterparts. This value proposition allows families to achieve homeownership, build equity, and enjoy a higher quality of life without the crushing financial burden often associated with California real estate.

The Nevada Tax Advantage

Beyond home prices, Nevada’s tax structure presents a compelling financial incentive. The absence of a state income tax means residents keep more of their hard-earned money, a significant factor for both retirees and working professionals. This fiscal benefit, combined with generally lower property taxes compared to California, translates into substantial annual savings, making the move to Reno even more financially prudent.

A Lifestyle Rich in Opportunity and Recreation

Reno, often dubbed “The Biggest Little City in the World,” offers a unique blend of urban amenities and unparalleled access to nature. Nestled at the foot of the Sierra Nevada mountains, it’s a gateway to outdoor adventure. Lake Tahoe, a world-renowned destination for skiing, snowboarding, hiking, and water sports, is less than an hour’s drive away. The Truckee River flows through the heart of the city, providing kayaking, rafting, and scenic walking paths. For those seeking culture, Reno boasts a vibrant arts scene, numerous festivals, a burgeoning culinary landscape, and a growing number of breweries and distilleries.

The city’s size offers a more relaxed pace of life compared to the sprawling metros of California. Traffic congestion is minimal, commutes are shorter, and the sense of community is palpable. It’s a place where work-life balance isn’t just a buzzword but a tangible reality.

Economic Diversification and Growth

Reno’s economy is no longer solely reliant on gaming. Over the past decade, the region has experienced a remarkable transformation, attracting major tech companies and manufacturing giants. The presence of the Tesla Gigafactory, Google, Apple, and Switch has created a robust and diverse job market, drawing skilled professionals and fostering innovation. This economic boom provides stability and future growth potential, appealing to homebuyers looking for long-term investment in a thriving area.

Reno vs. Las Vegas: A Tale of Two Cities

For many years, Las Vegas was the default choice for Californians seeking an escape to Nevada. Its vibrant nightlife, entertainment options, and once-affordable housing market made it a popular destination. However, as Las Vegas itself has grown and its housing prices have climbed, Reno has begun to shine brighter for a specific demographic.

While Las Vegas offers a unique, high-energy desert experience, Reno provides a different allure. It appeals to those who prioritize outdoor recreation, a four-season climate (with actual snow in winter!), and a more intimate, community-focused environment. The proximity to Lake Tahoe and the mountain lifestyle sets Reno apart, offering a distinct alternative to the Mojave Desert landscape of Las Vegas. Furthermore, Reno’s more diversified economy, with a strong emphasis on technology and manufacturing, offers different career opportunities compared to Las Vegas’s hospitality-driven market.

The sheer volume of new residents has naturally led to some appreciation in Reno’s housing market. However, it still largely outperforms Las Vegas in terms of relative affordability for many homebuyers, especially those comparing it to their Californian origins. This subtle but significant difference is tipping the scales in Reno’s favor.

What This Means for Reno and Future California Homebuyers

The influx of Californians undoubtedly brings both opportunities and challenges for Reno. The sustained demand contributes to a dynamic real estate market and supports local businesses. However, it also places pressure on infrastructure, schools, and public services. Local authorities and community planners are actively working to manage this growth sustainably, ensuring that Reno retains its unique character while accommodating its expanding population.

For prospective homebuyers, particularly those eyeing a move from California, Reno represents a golden opportunity. It’s a chance to invest in a growing, economically diverse city that offers an exceptional quality of life at a fraction of the cost of their home state. The decision to move isn’t just about finding a house; it’s about finding a home where financial security and lifestyle aspirations can coexist.

Your Journey to the Biggest Little City

As Reno continues to evolve and attract attention, its status as a premier destination for Californians seeking affordability and a better quality of life is firmly cemented. It’s a testament to the city’s ability to offer a compelling alternative without sacrificing amenities or opportunities. For those contemplating a move, Reno offers a refreshing change, a vibrant community, and a truly viable path to homeownership.

Whether you’re looking for stunning mountain views, a thriving job market, or simply a place where your money goes further, Reno is proving itself to be the ultimate escape from California’s housing crunch. Discover why so many are making the “Biggest Little City” their new big home. For more insights on financial planning and real estate trends, visit GlobalFinMate.

FAQs

Why are Californians moving to Reno instead of Las Vegas in 2026?

While Las Vegas was the traditional “go-to,” Reno is now the top choice for many due to its four-season climate and proximity to Lake Tahoe. Unlike the desert heat of Vegas, Reno offers a mountain lifestyle with world-class skiing, hiking, and a more diversified tech economy (thanks to companies like Tesla and Apple), making it more appealing to Northern Californians and remote workers.

How much can I save in taxes by moving from California to Reno?

Nevada is one of the few states with no state income tax. For a Californian in a high tax bracket (up to 13.3%), relocating to Reno can result in an immediate “raise” of 5% to 10% or more. Additionally, Nevada has no inheritance tax and generally lower property taxes, though buyers should note that Reno’s home prices have appreciated significantly due to high demand.

Is the cost of living in Reno actually lower than in California?

Yes, but the gap is narrowing. As of 2026, the overall cost of living in Reno is approximately 30–50% lower than in major hubs like San Francisco or Los Angeles. While housing prices in Reno have risen, utilities, groceries, and transportation remain more affordable. However, Reno’s housing market is now more expensive than Las Vegas, with median prices often exceeding $600,000 in desirable neighborhoods.

What is the job market like in Reno for 2026?

Reno’s economy has evolved far beyond gaming and tourism. The region is now a major tech and logistics hub. The Tahoe-Reno Industrial Center (TRIC) hosts massive facilities for Google, Switch, and Tesla. This “Silicon Mountain” effect has created a robust job market for engineers, data analysts, and skilled manufacturing professionals.

How far is the drive from Reno to Lake Tahoe?

One of Reno’s biggest selling points is its proximity to nature. You can typically reach the shores of Lake Tahoe in 45 to 60 minutes, and world-class ski resorts like Mt. Rose are only 25 minutes from the city center. This allows residents to “live in the city” while enjoying a “mountain lifestyle” on the weekends.

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The Best Small-Business Insurance Companies

Running a small business is one of the boldest financial decisions you can make. You invest your time, money, and energy into building something from the ground up — and protecting that investment should be just as high a priority as growing it. That’s where small-business insurance comes in.

Whether you’re a solo freelancer, a café owner, or running a growing team, the risks are real: accidents, lawsuits, property damage, cyberattacks, and more. Without the right coverage in place, a single unexpected event could wipe out everything you’ve worked so hard to build.

But here’s the problem — the world of business insurance can feel overwhelming. Dozens of providers, countless policy types, confusing jargon. How do you know which company is actually right for your business?

At GlobalFinMate, we’ve done the heavy lifting for you. Below, we’ve broken down the best small-business insurance companies available today, what each one does best, and who they’re most suited for. Let’s dive in.

The Best Small-Business Insurance Companies at Glance

At GlobalFinMate, we’ve done the heavy lifting for you. Below, we’ve broken down the best small-business insurance companies available today, what each one does best, and who they’re most suited for. Let’s dive in.

The Best Small-Business Insurance Companies at Glance

Next Insurance: Best Overall

Nationwide: Cyber Crime & Liability

Hiscox: Freelancers & Independent Contractors

CoverWallet: Online Insurance Brokerage

Progressive: Commercial Auto Insurance

The Hartford: Workers Compensation

Travelers: Commercial Property Coverage

Chubb: International Businesses

State Farm: Personalized Coverage & Service

1. Next Insurance — Best Overall

If you want one company that handles it all with minimum fuss, Next Insurance is our top pick. It was built specifically with small-business owners and independent professionals in mind — and it shows in every part of the experience. 

Getting a quote takes just a few minutes online, and the platform supports over 900 different professions. That means whether you’re a contractor, a yoga instructor, or a restaurant owner, Next Insurance likely has a policy tailored to your line of work.

Once you’re covered, you get 24/7 digital access to your certificate of insurance, which you can share instantly with clients or landlords who need it.

What stands out:

Covers seven major types of business insurance, including general liability, workers’ compensation, and commercial auto

Offers flexible add-ons like tools and equipment coverage and liquor liability for alcohol-serving businesses

Bundle discounts of up to 10% when you combine two or more policies

Highly rated mobile app for policy management and claims filing

Holds an A- (Excellent) financial strength rating from AM Best

Best for: Small-business owners and independent professionals who want fast, digital-first coverage across multiple insurance types.

2. Nationwide — Best for Cyber Crime & Liability Insurance

In today’s digital business environment, cyber threats aren’t just a concern for big corporations. Small businesses are increasingly targeted by hackers, data thieves, and ransomware attacks — and most standard insurance policies don’t cover those losses.

Nationwide fills that gap better than almost anyone else. It offers a rare combination of cyber liability coverages that protect businesses from financial damage caused by hacking, unauthorized data access, and even unexplained data loss. If your business stores customer data, processes online payments, or simply depends on digital infrastructure, this level of protection is worth serious consideration.

Beyond cyber coverage, Nationwide is also a strong all-around choice for small businesses, with specialty options that most insurers don’t bother to offer.

What stands out:

Simple onboarding: describe what your business does and Nationwide suggests the right policies

Specialty options like crime insurance, equipment breakdown coverage, and inland marine coverage for equipment in transit

Dedicated insurance solutions for farm and ranch operators — a segment often underserved by mainstream providers

Industry-specific packages for medical professionals, restaurants, and independent retailers

Strong financial strength ratings from both AM Best and Moody’s

Solid mobile app for managing policies on the go

Best for: Businesses that handle sensitive customer data, operate digitally, or need niche specialty coverages.

3. Hiscox — Best for Freelancers & Independent Contractors

Not every business needs a sprawling commercial policy. For freelancers, solo consultants, side hustlers, and microbusiness owners, most insurers are simply overkill — or worse, they charge premiums designed for companies three times your size.

Hiscox was built with smaller operations in mind. It offers policies with coverage limits designed to match the actual scale of a microbusiness, making it both practical and affordable for people who are working independently or running a business with just a few employees.

It’s also worth noting that Hiscox underwrites all business insurance policies issued through Geico — a sign of how established and trusted it is in the commercial  insurance space.

What stands out:

Standard liability policies capped at $2 million, with options to go higher if your business grows

Customizable coverage for dozens of sole proprietor-friendly industries, including fitness coaching, photography, and professional consulting

A wide range of policy types despite its small-business focus: cyber liability, professional liability, commercial auto, umbrella coverage, and more

Coverage available in over a dozen countries, making it a good option for location-independent freelancers with international clients

Exclusively focused on businesses — no personal insurance products to distract from its core offering

Best for: Freelancers, sole proprietors, consultants, and microbusiness owners who need affordable, right-sized coverage.

4. CoverWallet — Best Online Insurance Broker

CoverWallet takes a slightly different approach from the others on this list. Rather than being an insurer itself, it’s an online broker that connects small-business owners with the right coverage from a wide network of reputable insurance providers.

Its partners include major names like Liberty Mutual, Berkshire Hathaway, CNA, Markel, and AmTrust — giving you access to a broad marketplace of options from a single platform.

This makes CoverWallet especially useful if you’re not sure exactly what kind of coverage you need, or if you want to compare options from multiple providers without filling out a dozen separate applications.

What stands out:

Offers standard coverages like general liability, workers’ comp, and commercial auto

Also provides less common options like fiduciary liability, directors and officers insurance, and employment practices liability coverage

Live human support available during extended business hours

Industry-specific solutions for health care, nonprofits, restaurants, trucking companies, salons, and more

Easy digital access for claims filing, certificate retrieval, and payments

Best for: Business owners who want to compare multiple insurers in one place or need access to specialty coverage types.

5. Progressive — Best for Commercial Auto Insurance

Most people know Progressive from its personal car insurance ads. But the company is equally impressive — arguably even more so — when it comes to commercial auto coverage.

If your business depends on vehicles, whether that’s a single delivery van or an entire fleet of trucks, Progressive has coverage options that go well beyond what most competitors offer. It handles everything from food trucks and limousines to dump trucks and 18-wheelers.

For business owners who use the same vehicle for both personal and work purposes, Progressive even offers an online tool to help you determine whether you need a commercial policy, a personal policy, or a blended solution.

What stands out:

Covers an exceptionally wide range of commercial vehicle types

Also offers general business liability, professional liability, workers’ comp, and business owners policies for bundling

An insurance discounts wizard ensures you’re not overpaying for your coverage

Online accident reporting and claims filing keep the process streamlined

Best for: Businesses that rely heavily on vehicles — delivery services, transportation companies, contractors, and more.

6. The Hartford — Best for Workers Compensation

If your state requires you to carry workers’ compensation insurance (and most do, if you have employees), you want a provider that genuinely understands how it works.

The Hartford has built a strong reputation specifically around workers’ comp. It goes beyond just offering the policy — it provides extensive educational content, state-by-state guides, and detailed explanations of cost factors to help you understand exactly what you’re paying for and why.

Its pay-as-you-go option is particularly useful for businesses with fluctuating payrolls, ensuring you never overpay during slow months or get caught underpaying when business picks up.

What stands out:

Pay-as-you-go workers’ comp option tied directly to your actual payroll

Comprehensive educational resources on coverage requirements and cost factors

State-specific guides for every jurisdiction’s workers’ comp rules

A vast network of approved healthcare providers for employees who file claims

Top-tier financial strength rating from AM Best

Additional commercial lines available, including commercial auto and business property  insurance

Best for: Any business that employs staff and is required — or wants — to carry workers’ compensation coverage.

7. Travelers — Best for Commercial Property Coverage

If your business owns or leases a physical space — a storefront, a warehouse, an office — protecting that property should be a non-negotiable part of your insurance strategy.

Travelers has been a market leader in commercial property insurance for years, and its depth of expertise shows. It offers thoughtful solutions for businesses of all sizes, from small retailers renting their space to larger enterprises that own their real estate outright.

One standout offering is Travelers Deluxe, a customizable policy designed for growing businesses that need coverage beyond the basics — including compensation for income lost even after damaged property has been repaired, and reimbursement for energy-efficient restoration upgrades.

What stands out:

Deep commercial property insurance expertise, built over decades in the market

Affordable options for tenants who are contractually required to carry property insurance

Travelers Deluxe for growing businesses with more complex needs

Specialty policies covering mechanical breakdowns and boiler failures

Top AM Best financial strength rating

Industry-customized solutions for approximately two dozen business types

Best for: Small businesses that own or lease physical property and need dependable, thorough property coverage.

8. Chubb — Best for International Businesses

Operating across borders introduces a whole new layer of complexity to your insurance needs. Domestic policies often don’t extend beyond U.S. territory, leaving internationally active businesses exposed in ways they may not even realize.

Chubb solves that problem. It provides business coverage across more than a dozen countries and has built specialized products for companies that travel internationally, import and export goods, or maintain offices overseas.

Its Customarq Liability Global Extension is a standout product, allowing businesses to layer international liability coverage onto a core domestic policy — a smart, flexible approach to global risk management.

What stands out: 

International business coverage spanning multiple countries

A range of general liability options for businesses with complex or non-standard needs

Specialty lines including environmental liability, surplus lines, and specialty casualty insurance

Tailored policy construction for fast-growing startups

Competitive pricing for home-based businesses with international exposure

Best for: Import/export businesses, companies with overseas offices, and professionals who travel internationally for work.

9. State Farm — Best for Personalized Coverage & Service

Sometimes you don’t want to navigate insurance online by yourself. You want to sit across from someone who knows your local market, understands your specific business situation, and can help you put together the right policy without any guesswork.

That’s exactly what State Farm offers. With nearly 20,000 licensed agents operating across the United States, it has the largest agent network of any insurer in the country. And because many of these agents are themselves small-business owners, they bring a genuine understanding of what entrepreneurs actually need.

What stands out:

Nearly 20,000 local agents available for face-to-face consultations

General liability policies starting at $1 million in coverage — accessible even for very small operations

Specialized solutions for businesses with bonding and licensing requirements

Industry-specific coverage such as builder’s risk insurance

Best for: Business owners who prefer working directly with a local agent and want personalized, relationship-based insurance service. 

What Types of Business Insurance Do You Actually Need?

Before you start comparing providers, it helps to understand what the major types of small-business insurance actually cover. Here’s a plain-English breakdown:

General Liability Insurance This is the foundation of most small-business insurance packages. It covers claims of bodily injury, property damage, and even reputational harm like libel or slander. If a customer slips and falls in your store or you accidentally damage a client’s property, general liability kicks in.

Commercial Property Insurance Covers the physical assets your business owns — your building, equipment, inventory, and furniture. If a fire, storm, or theft causes damage, this policy helps you recover and rebuild.

Professional Liability Insurance (Errors & Omissions) Essential for service-based businesses. If a client claims your advice or work caused them financial harm, professional liability coverage pays for your legal defense and any resulting settlement. Accountants, consultants, designers, and IT professionals especially need this.

Commercial Auto Insurance If you or your employees drive for work purposes, personal auto  insurance won’t cover accidents that happen on the job. Commercial auto insurance fills that gap for company-owned and work-use vehicles.

Workers Compensation Insurance Legally required in most states for businesses with employees. It covers medical costs and lost wages for employees who are injured or become ill because of their job.

Cyber Liability Insurance As data breaches and ransomware attacks become more common, this coverage protects your business from the financial fallout of a cyberattack — including customer notification costs, legal fees, and lost revenue.

Business Owners Policy (BOP) A bundled package that combines general liability and commercial property insurance, often at a lower cost than buying them separately. Many insurers allow you to customize a BOP with additional coverages.

Business Interruption Insurance If a covered event forces you to temporarily close your doors, this policy replaces your lost income while you get back on your feet.

Workers Compensation Insurance Covers medical expenses and a portion of lost wages for employees hurt on the job. Most states require it if you have any employees at all.

Umbrella Insurance Provides an extra layer of protection when the limits on your other policies aren’t enough to cover a large claim. Think of it as a financial safety net above your primary coverage.

How to Choose the Right Small-Business Insurance Provider

With so many options, here’s a simple framework to narrow things down:

1. Start with your risks. What could go wrong in your specific business? A contractor risks on-site injuries. A consultant risks professional disputes. An e-commerce retailer risks data breaches. Your biggest risks should drive your coverage priorities.

2. Know what’s required by law. Depending on your state and business type, you may be legally required to carry certain types of insurance — particularly workers’ compensation and commercial auto. 

3. Consider your business model. Freelancer with no employees? Look at Hiscox. Fleet of delivery vehicles? Progressive is a strong fit. International operations? Chubb is purpose-built for you.

4. Think about the claims experience. The best insurance is the kind that actually pays out when you need it. Prioritize companies with strong financial strength ratings (AM Best A- or above) and solid customer satisfaction scores.

5. Set a realistic budget. Insurance is a business expense, not a luxury — but it shouldn’t break the bank either. Get quotes from multiple providers and look for bundle discounts that can reduce your total premiums.

FAQs

Is business insurance legally required?

It depends on your state and whether you have employees. Workers’ Compensation: Required in almost every state if you have at least one employee. Commercial Auto: Mandatory if your business owns vehicles. Professional Mandates: Some industries (like healthcare or law) require Professional Liability to maintain a license.

What is a Business Owners Policy (BOP) and do I need one?

A BOP is a “bundle” that combines General Liability and Commercial Property insurance into a single policy. It is often cheaper than buying them separately. It’s ideal for small to mid-sized businesses with a physical location or inventory, but it typically does not include workers’ comp or auto coverage.

How much does small-business insurance cost in 2026?

Costs vary by industry and risk, but here are general benchmarks for 2026: General Liability: $40 – $100 per month. BOP Bundle: $50 – $250 per month. Professional Liability: $50 – $100+ per month. Note: Many insurers are citing an 11%–12% median increase in health-related premiums this year due to rising healthcare and labor costs.

Does an LLC protect me enough without insurance?

No. While an LLC (Limited Liability Company) can protect your personal assets from business debts, it does not stop your business assets from being seized in a lawsuit. Insurance provides the actual cash to pay for legal defenses and settlements, which an LLC structure cannot do.

Why do I need Cyber Liability insurance if I’m a small business?

Small businesses are frequently targeted because they often have weaker security than large corporations. Cyber insurance covers the massive costs of data breach notifications, ransomware payments, and legal fees. Most standard general liability policies do not cover digital attacks.

Conclusion

Protecting your business isn’t something you should put off until “later.” The right insurance policy can mean the difference between a setback you recover from and one that ends your business entirely.

Every company on this list is a trustworthy, capable option. The best one for you simply depends on your industry, your business size, your risk profile, and how you prefer to manage your coverage.

Take the time to assess your needs, get a few quotes, and don’t be afraid to ask questions. Your business deserves the same level of financial protection you’d want for anything else you care about.

[globalfinmate]

12 Great Summer Jobs for High School Students (USA)

Summer break means different things to different teenagers. For some, it’s a time to sleep in and binge TV shows. For others — the smart ones — it’s the perfect opportunity to earn real money, sharpen life skills, and take their first steps toward financial independence.

If you’re a high school student in the USA looking for ways to make the most of your summer, you’re in the right place. Whether you want to save up for college, contribute to household expenses, buy your first car, or simply learn how money works, a summer job can change your financial future in ways that a classroom never will.

At GlobalFinMate, we’re all about empowering people to make smarter financial decisions — and that starts young. In this guide, we’ll walk you through 12 great summer jobs for high school students, including what each job pays, what skills you’ll gain, and practical money tips to help you grow your earnings into something meaningful.

1. Babysitter

Average Pay: $18 – $25 per hour Minimum Age: 13+ (varies by state) Best For: Responsible teens with patience and a nurturing personality .

Babysitting is one of the oldest and most dependable summer jobs for teenagers — and it pays better than most people expect. Busy parents, especially during summer when school is out, are constantly searching for reliable, trustworthy sitters to look after their children. If you’re dependable, calm in stressful situations, and genuinely good with kids, families will keep calling you back all summer long.

To command higher rates, consider getting CPR and First Aid certified through the American Red Cross. It’s a small investment that signals professionalism and earns you serious trust with parents. Platforms like Sittercity and Care.com also make it easy to connect with local families who need regular childcare help.

The more reliable you are, the more word spreads — and before you know it, your summer calendar fills up through referrals alone.

GlobalFinMate Money Tip: Babysitting income can be inconsistent week to week. Set up a simple budgeting system — note down every payment you receive and separate it into three buckets: savings (at least 40%), spending money, and an emergency fund. Even a small buffer of $100–$200 for unexpected expenses is a smart habit to build early.

2. Camp Counselor

Average Pay: $300 – $600 per week (many residential camps also provide free housing and meals) Minimum Age: 15–16 (varies by camp) Best For: Outgoing, energetic teens who enjoy working with kids and the outdoors

Working as a camp counselor is one of the most enriching summer jobs a teenager can take on. You’ll spend your days leading activities, keeping campers safe, solving problems on the fly, and building genuine connections with both kids and fellow counselors. It’s the kind of job that college admissions officers and future employers love to see on a resume.

Camps across the USA cater to almost every interest imaginable — sports, arts and crafts, music, STEM, nature, drama, and more. If you’d rather come home every night, day camps are a great option. If you want the full experience (and the cost-saving benefit of free room and board), residential overnight camps could mean your entire paycheck goes straight to savings.

Employers usually prefer candidates with safety certifications, but many camps are happy to train motivated applicants from scratch.

GlobalFinMate Money Tip: If your camp covers housing and meals, your expenses during those weeks drop to nearly zero. That’s a rare chance to save almost 100% of your earnings. Consider opening a student savings account before camp starts and automatically deposit your paycheck each week. By summer’s end, you could have a substantial nest egg.

3. Landscaping and Lawn Care Worker

Average Pay: $15 – $25 per hour (more if self-employed) Minimum Age: 14–16 Best For: Teens who enjoy working outdoors and don’t mind physical labor

There’s no shortage of lawn care work in American neighborhoods during summer. Grass grows fast, gardens need tending, hedges get unruly, and most homeowners simply don’t have the time or energy to keep up. That’s your opportunity.

You can either join an existing landscaping company or — for the entrepreneurial-minded teen — start your own small business by knocking on doors in your neighborhood. With a lawnmower (borrowed or rented to start), a trimmer, and a few flyers, you can build a steady roster of weekly clients fairly quickly. Some motivated teens earn $400–$800 per week just from neighborhood lawn care during peak season.

Institutional clients like schools, golf courses, and office parks also hire seasonal workers, though operating heavy machinery is typically restricted to those 18 and older. 

GlobalFinMate Money Tip: If you operate your own lawn care business, you are technically self-employed. That means you should set aside roughly 20–25% of your earnings for taxes. Open a separate checking account just for business income and expenses — even a basic free student account works. Keeping your business and personal money separate is a habit that professional business owners swear by.

4. Pool Cleaner

Average Pay: $14 – $20 per hour Minimum Age: 14–16 (check local labor laws) Best For: Detail-oriented teens who enjoy working outdoors with a flexible schedule

If you live in a suburban neighborhood with plenty of private pools, pool cleaning is a goldmine hiding in plain sight. Homeowners with pools need them cleaned, chemically balanced, and maintained regularly throughout the summer — and many would rather pay someone else to do it than deal with it themselves.

Like lawn care, you can work independently or for an established pool service company. Condo complexes, apartment buildings, and homeowner’s associations with shared pools are also excellent clients to target since they need regular, reliable service all season long.

The work itself isn’t overly strenuous, there’s no boss hovering over your shoulder, and you can often set your own schedule — making it one of the more flexible summer jobs for high school students.

GlobalFinMate Money Tip: Pool cleaning equipment involves upfront costs — chemicals, testing kits, nets, brushes. Before spending out of pocket, ask a client to cover the first month’s supply costs, or factor supply costs into your pricing. Understanding how to price your services to cover both expenses and profit is one of the most valuable business skills you can develop as a teenager.

5. Career-Track Internship

Average Pay: $12 – $25 per hour (paid); career experience (unpaid) Minimum Age: 16+ Best For: Motivated, goal-oriented students with a clear career interest

Not every summer job has to be about the immediate paycheck. A structured internship in a field you’re genuinely interested in — finance, law, healthcare, technology, marketing — can open doors that no part-time job ever could. You’ll build professional connections, learn real industry skills, and get a competitive edge when applying to colleges and jobs down the road.

Many banks, credit unions, insurance companies, and financial firms offer summer internship programs specifically designed for high school students. Even if the position is unpaid, the mentorship and hands-on experience you gain are worth their weight in gold. 

To find opportunities, speak with your school guidance counselor, ask family friends in professional fields, and search platforms like LinkedIn, Indeed, and Internships.com for teen-friendly summer openings.

GlobalFinMate Money Tip: If you’re interning at a financial institution, absorb everything you can — how loans work, what credit scores mean, how investments grow over time. Understanding these concepts in a real-world environment is an education money can’t easily buy. Ask your supervisor thoughtful questions. The connections you make in a summer internship can shape your entire career trajectory.

6. Tutor

Average Pay: $15 – $40 per hour Minimum Age: No formal requirement Best For: Academically strong students who excel in specific subjects

If you’re the student who always “gets it” faster than everyone else — in math, science, English, foreign languages, or standardized test prep — tutoring is one of the highest-value summer jobs available to teenagers. Parents actively seek out tutors for their kids during summer, either to keep knowledge fresh or to help struggling students catch up before the next school year.

As a high schooler, you’re actually in a unique position — younger students find it easier to connect with someone closer to their own age. Your methods are relatable, your experience with the subject matter is recent, and your energy is higher than many adult tutors.

Advertise your services on Nextdoor, Facebook community groups, local library bulletin boards, and word of mouth. Build a few client relationships early in summer, and referrals will take care of the rest.

GlobalFinMate Money Tip: Tutoring income is freelance income, which means taxes work differently than a traditional job. If you earn more than $400 in a year from tutoring, the IRS expects you to report it. Track every session and payment using a free tool like a simple spreadsheet or an app like Wave. Getting into the habit of tracking income and expenses now will save you major headaches once you’re an adult.

7. Barista or Restaurant Server

Average Pay: $12 – $20 per hour (base) + tips Minimum Age: 14–16 (varies by state and employer) Best For: Social, fast-paced teens who thrive in customer-facing environments

Coffee shops, diners, casual restaurants, and fast food chains ramp up hiring every summer — and they’re generally very willing to take on high school students with little to no experience. The work is fast, engaging, and rarely boring. You’ll learn how to multitask, handle pressure, communicate professionally, and work as part of a team.

Major chains like Starbucks are known for offering competitive starting wages (often $15–$20 per hour depending on location) plus benefits for part-time workers. Even tips at a modest coffee shop or brunch spot can significantly boost your weekly take-home pay.

GlobalFinMate Money Tip: If you earn tips, resist the urge to spend that cash immediately. A smart strategy is to keep your base paycheck for regular savings and use tips as “extra” money — either for personal spending or to accelerate your savings goal. This way, you always build wealth with your base income regardless of how tips fluctuate week to week.

8. Grocery Store Worker

Average Pay: $12 – $16 per hour Minimum Age: 14–15 (varies by state) Best For: Reliable, punctual teens looking for steady, structured work

Grocery stores are always hiring, and they’re one of the most accessible employers for first-time teen workers. Whether you’re bagging groceries, stocking shelves, running a cash register, or working in the deli department, supermarket jobs provide a solid introduction to the working world.

Pay tends to be a few steps above minimum wage, and larger chains often provide additional perks — employee discounts, scholarship programs, and even union membership in some cases. Union membership, in particular, means negotiated pay rates, protection from unfair treatment, and a built-in support structure that many teens never know exists.

Look into national chains like Trader Joe’s, Whole Foods, Kroger, Costco, and Publix, which are known for treating employees well and offering more than the industry standard.

GlobalFinMate Money Tip: Many grocery chains offer employee scholarship programs worth hundreds or even thousands of dollars toward college tuition. Before you take the job, ask HR about any education benefits. Free money for college is one of the best financial perks a summer job can offer — don’t leave it on the table. 

9. Golf Course Caddy

Average Pay: Minimum wage base + tips (tips can range from $20 – $100+ per round) Minimum Age: 14 (where labor laws permit) Best For: Teens who enjoy golf, the outdoors, and are comfortable with physical activity

Caddying might not be on every teenager’s radar, but it’s one of the most financially rewarding summer jobs available for those who live near country clubs or golf courses. The base pay is modest, but golfers — especially at upscale private clubs — are known for generous tipping. On a busy summer weekend, a caddy can walk away with $100–$200 in tips in a single afternoon.

Beyond the pay, caddying builds interpersonal skills in a unique way. You’ll be spending several hours with professionals, business owners, and executives — the kind of people whose advice and connections can genuinely open doors later in life. Pay attention, be personable, and you never know what conversations might lead to.

Most courses provide basic caddy training before you hit the course, so prior golf experience isn’t always required — just a willingness to learn and a strong work ethic.

GlobalFinMate Money Tip: Tip income is still taxable income. Keep a simple log of what you receive each day so you’re not caught off guard at tax time. More importantly, tips are cash — which makes it tempting to spend them impulsively. Challenge yourself to bank at least 50% of every tip you receive. Over a full summer, that adds up to a meaningful amount.

10. Lifeguard

Average Pay: $12 – $18 per hour Minimum Age: 15–16 (varies by employer) Best For: Strong swimmers who are calm, alert, and comfortable with responsibility

Lifeguarding is one of the most iconic summer jobs for high school students — and for good reason. It combines outdoor work with a genuine sense of purpose. You’re not just earning money; you’re keeping people safe, which is a responsibility that builds real character.

To get certified, you’ll need to complete CPR training, basic first aid, bloodborne pathogen awareness, and a water rescue course through organizations like the American Red Cross or YMCA. The certification process takes a weekend or two, and many employers will even reimburse the cost once you’re hired.

Public pools, beaches, water parks, and community recreation centers hire lifeguards every summer, and many areas face shortages — meaning jobs are easier to land than you might think.

GlobalFinMate Money Tip: Lifeguarding is often a multi-summer job. Teens who return each year frequently get pay raises and senior roles. If you plan to work the same job for two or three summers, think long-term: what does that total income look like over three years? How much could you save toward college, a car, or an investment account? Planning ahead is what separates people who build wealth from those who just earn and spend.

11. Handyperson or Painter

Average Pay: $15 – $25 per hour Minimum Age: No formal requirement Best For: Practically skilled teens who can follow instructions and work independently

Home improvement projects spike during summer — and many homeowners are happy to pay a responsible, affordable helper to tackle the smaller jobs they keep putting off. Painting fences, touching up interior rooms, laying mulch, cleaning gutters, installing shelving, or moving furniture are all tasks within reach of a capable teenager.

You don’t need a license or professional training for most of these jobs — just a willingness to show up on time, listen carefully, and do the work with care. Advertise on Nextdoor, Facebook Marketplace, and neighborhood community boards to find your first few clients. Once you build a reputation for reliability, word-of-mouth will fuel your schedule.

Be realistic about what you can and can’t do. Avoid offering services that involve plumbing, electrical work, or roofing — these carry real safety risks and liability concerns without proper training.

GlobalFinMate Money Tip: When quoting prices for handyman jobs, don’t undersell yourself. Research what professionals charge in your area and price your services accordingly — perhaps 20–30% less to reflect your experience level, but not so low that you devalue your time. Learning how to price your labor confidently is one of the most important financial skills you’ll ever develop.

12. Dog Walker or Pet Sitter

Average Pay: $15 – $25 per walk | $30 – $70 per overnight stay Minimum Age: No formal requirement (most platforms require 18+, but you can find clients independently) Best For: Animal lovers who want flexibility and a fun working environment

Summer travel season means millions of American pet owners need someone they trust to care for their furry family members while they’re away. Dog walking and pet sitting are some of the most enjoyable, flexible, and in-demand summer jobs for teenagers — and the pay is better than many people expect.

You can build your own client base through platforms like Rover and Wag!, or simply reach out to pet-owning neighbors and family friends directly. Once you establish yourself as a dependable, caring sitter, repeat clients and referrals will keep your summer booked solid.

A pet first aid certification can help you stand out and charge more — much like CPR certification does for babysitters.

GlobalFinMate Money Tip: Dog walking and pet sitting income can vary wildly week to week. Some weeks you’ll be fully booked; others might be quiet. This makes it an ideal job for learning how to budget with irregular income. Set a baseline weekly savings goal — say, $50 — and commit to hitting it no matter how much you earn. In high-earning weeks, save more. This “baseline + bonus” budgeting method is used by freelancers and entrepreneurs across all income levels.

FAQs

At what age can I actually start working?

In most of the USA, the minimum age for non-agricultural work is 14, though specific rules vary by state. Younger teens (13+) can often take on informal roles like babysitting or neighborhood yard work. Always check your state’s Department of Labor website for specific age and hour restrictions.

Do I need a “work permit”?

If you are under 18, many states require a Youth Employment Certificate or work permit. These are usually easy to get through your school’s guidance office. You’ll typically need proof of age (like a birth certificate) and a parent’s signature. 

What are the hour restrictions for teens during summer?

Since school is out, labor laws are more relaxed, but there are still limits. Generally, 14- and 15-year-olds cannot work more than 8 hours a day or 40 hours a week. For 16- and 17-year-olds, many states allow up to 48 hours a week, but they often cannot work past midnight on nights not followed by a school day.

Do I have to pay taxes on my summer earnings?

Yes, but how you pay depends on the job. Traditional Jobs (W-2): Taxes are automatically taken out of your paycheck. Self-Employed (1099/Freelance): If you earn more than $400 (e.g., from tutoring or lawn care), you are responsible for reporting and paying your own taxes. GlobalFinMate recommends setting aside 20-25% of this income in a separate account for tax time.

Will a summer job really help my college application?

Absolutely. Admissions officers value work experience because it proves you have “soft skills” like time management, responsibility, and the ability to work in a team. A job as a camp counselor or lifeguard often carries as much weight as an extracurricular club.

Final Thoughts: Earn Well, Save Smart

Summer jobs are more than just a way for high school students to stay busy — they’re a stepping stone toward financial independence, real-world experience, and future career opportunities. Whether you choose tutoring, lifeguarding, interning, babysitting, or even starting your own small service business, every job equips you with valuable skills that classrooms simply can’t teach.

The key is simple: earn smart and save smarter. Even modest summer earnings can grow into something meaningful when managed wisely — whether you’re saving for college, planning for your first car, or setting up a long-term investment habit.

At GlobalFinMate, we believe that financial confidence starts young. Choose a job that fits your personality, stay consistent, and remember: the habits you build this summer can shape your financial future for years to come.

[globalfinmate]

24 High-Paying Jobs Without College Degree

You don’t always need a college degree to earn a strong, reliable income or build a successful long-term career. In today’s evolving job market, many employers place far greater value on practical skills, hands-on experience, professional certifications, and proven performance rather than traditional formal education. As industries grow and new opportunities emerge, companies are actively looking for talented individuals who can deliver results, solve problems, and adapt quickly — with or without a degree.

So whether you’re just beginning your career journey, exploring alternative options, or planning a complete career shift, there are plenty of rewarding paths available. Here are 24 high-paying jobs you can pursue without a traditional college degree, each offering the potential for financial stability, growth, and long-term success.

1. Web Developer

Build and maintain websites. Learn through online courses or bootcamps. Average Salary: High-paying with experience and freelancing.

2. Commercial Pilot (With Licenses)

Requires flight training—not a degree. Average Salary: Often above ₹1 Cr+ globally.

3. Digital Marketing Specialist

Manage online campaigns, SEO, and social media. Average Salary: ₹8–15 LPA and more for skilled experts.

4. Real Estate Agent

Help clients buy/sell properties. Income: Commission-based; high earnings possible.

5. Electrician

Work with electrical systems. Requires vocational training. Average Salary: High after experience.

6. Plumber

Install and repair water systems. Average Salary: Strong demand, high income in major cities.

7. Police Officer / Detective

Solve crimes and maintain law & order. Average Salary: Good salary + benefits.

8. Radiation Therapist

Assist in cancer treatment. Average Salary: ₹40–60 LPA globally.

9. Software QA Tester

Test software for bugs and quality issues. Average Salary: ₹6–15 LPA and higher with tools knowledge.

10. UX/UI Designer

Design user interfaces for apps and websites. Average Salary: ₹8–20 LPA based on portfolio.

11. Elevator Technician

Maintain elevators/escalators. Average Salary: High due to technical skill demand.

12. Power Plant Operator

Manage production equipment at power plants. Average Salary: High-paying shifts and long-term stability.

13. Construction Manager

Oversee building projects. Average Salary: Very high with experience.

14. Sales Manager

Lead sales teams and revenue targets. Income: Commission + incentives = high earnings.

15. Technical Support Specialist

Solve customer IT issues. Average Salary: Good pay, fast growth.

16. Network Support Technician

Manage and troubleshoot networks. Average Salary: ₹6–18 LPA based on skills.

17. Freelancer (Writing, Design, Editing)

Work independently online. Income: Unlimited potential based on skill.

18. Logistics Manager

Oversee supply chain and transportation. Average Salary: Strong pay and career growth.

19. Ship Captain / Marine Worker

Operate ships with certifications. Average Salary: High due to specialized skill.

20. Air Traffic Controller

Manage aircraft movements. Average Salary: One of the highest non-degree jobs.

21. Property Manager

Manage rental properties. Income: Salary + commission.

22. Photographer / Videographer

Shoot professional content for brands or events. Income: High for skilled creators.

23. Content Creator / Influencer

Create videos, blogs, or social content. Income: Ads + brand deals = high potential.

24. AI Prompt Engineer

Work with AI tools to produce accurate results. Average Salary: One of the newest, well-paid roles.

Can I really earn a six-figure salary without a degree?

Yes. In 2026, specialized roles in AI Operations, Cybersecurity, and Commercial Aviation frequently offer salaries exceeding $100,000 (or ₹80L+ in India for senior roles). The key is focusing on “technical scarcity”—fields where there are more jobs than qualified people.

Which industries are the most “degree-friendly” for non-graduates?

Tech and creative industries are leading the “Skills-First” movement. Major companies like Google, IBM, and Delta Airlines have removed degree requirements from over 60% of their job postings. Tech: Web Development, Cybersecurity, AI Prompt Engineering. Creative: UX/UI Design, Video Editing, Digital Marketing. Trades: Renewable Energy (Solar/Wind Technicians), Elevator Repair.

Will I hit a “career ceiling” later on without a degree?

While skills get you in the door for junior and mid-level roles, some corporate structures still prioritize degrees for senior executive or leadership positions. However, many professionals bypass this by: Building a massive “Proof of Work” portfolio. Getting high-level professional certifications (e.g., PMP, CISSP). Transitioning into entrepreneurship or high-end freelancing.

What are the best certifications to replace a degree in 2026?

Short-term, intensive certifications are often viewed as more “up-to-date” than a 4-year degree. Top picks include: Google Career Certificates: (Data Analytics, IT Support, UX Design). Cloud Certs: AWS Certified Solutions Architect or Microsoft Azure Fundamentals. Cybersecurity: Certified Ethical Hacker (CEH) or Security+. AI: OpenAI or DeepLearning.AI specialized certifications.

Is it harder to get a job without a degree?

It can be more difficult to pass through automated Applicant Tracking Systems (ATS) that still filter for degrees. To counter this, strategic networking is vital; nearly 80% of non-degree high-paying jobs are filled through referrals and “the shadow market” rather than standard job boards.

Conclusion: Jobs Without College Degree

A college degree is not the only path to success, and today’s job market proves it more than ever. With the right mix of practical skills, focused training, hands-on experience, and consistent dedication, anyone can build a high-paying, future-proof career. Many industries now value real-world abilities far more than formal qualifications, which opens the door to countless opportunities for people from all backgrounds.

Whether you choose a technical trade, a creative digital role, a freelance career, or a certification-based profession, what truly matters is your willingness to learn, adapt, and grow. Explore these career options, upgrade your skills continuously, and choose a path that aligns with your strengths, interests, and long-term goals. Success is no longer defined by a degree — it’s defined by determination, skill, and smart career choices.

[globalfinmate]

Chase Bank Routing Numbers: State-by-State List

Are you looking for your Chase Bank routing numbers to set up a direct deposit, pay a bill, or send a wire transfer? Because Chase is the largest bank in the United States, they use different routing numbers depending on which state you opened your account in.

Using the wrong number can cause your payment to be delayed or rejected. This guide provides the official Chase routing numbers for all 50 states and specific transaction types.

What is a Chase Bank Routing Numbers

A routing number (also known as an ABA Routing Transit Number) is a nine-digit code that identifies a specific financial institution. For Chase customers, this number ensures that your money reaches the correct branch or region within the massive Chase network.

Chase Bank Routing Numbers by State

Find your state in the table below to get your 9-digit routing number for ACH transfers and Direct Deposits.

State Routing Number

Arizona: 122100024

California: 322271627

Colorado: 102001017

Connecticut: 021100361

Florida: 267084131

Georgia: 061092387

Illinois: 071000013

Indiana: 

074000010

Kentucky: 083000137

Louisiana: 065400137

Michigan: 072000326

Nevada: 322271627

New Jersey: 021202337

New York (Downstate / NYC): 021000021

New York (Upstate): 022300173

Ohio: 044000037

Oregon: 325070760

Texas: 111000614

Utah: 124001545

Washington: 325070760

Wisconsin: 075000019

Pro Tip: If you live in a state not listed above (like Delaware or Pennsylvania), your account likely falls under a regional hub. For example, accounts opened in the Northeast often use the New Jersey or New York numbers.

Chase Routing Number for Wire Transfers

If you are sending or receiving a Wire Transfer, the numbers above might not work. Chase uses a specific nationwide routing number for wires to ensure faster processing.

Domestic Wire Transfer: 021000021

International Wire Transfer: 021000021

Chase SWIFT Code: CHASUS33 (Required for money coming from outside the USA)

How to Find Your Routing Number on a Chase Check

If you have a checkbook, you can find your routing number instantly. Look at the bottom-left corner of any Chase check:

First 9 Digits: This is your Routing Number.

Middle Digits: This is your Account Number.

Last Digits: This is the Check Number.

Frequently Asked Questions (FAQs)

Is the routing number the same for all Chase accounts?

No. It varies by the state where you opened the account and the type of transaction (ACH vs. Wire). Always check your specific region in the table above.

Can I find my routing number in the Chase App?

Yes. Sign in to the Chase Mobile® app, tap your account, and select “Show details.” Both your routing and account numbers will be displayed there.

What happens if I use the wrong routing number?

Most of the time, the transaction will be rejected and returned to the sender. However, this can take 3–5 business days and may result in “Returned Item” fees from your bank.

Can I find my Chase routing number on my debit card?

No. Your Chase debit card only shows your 16-digit card number, expiration date, and CVV code. To find your routing number, you must look at a check, sign in to the Chase Mobile® app, or check your monthly statement.

Is the Chase routing number the same as an ABA number?

Yes. “ABA” stands for the American Bankers Association, which assigns these 9-digit numbers. In the USA, “Routing Number” and “ABA Number” are the same thing and are used interchangeably.

Why does Chase have two different routing numbers for New York?

Chase divides New York into two regions: Downstate (NYC and surrounding areas) and Upstate. If you opened your account in New York City, your routing number is likely 021000021. If you opened it in Buffalo, Rochester, or Syracuse, it is likely 022300173.

Does my routing number change if I move to a different state?

No. Your routing number is tied to the location where you originally opened the account. If you move from California to Texas, you will continue to use your California routing number unless you close your old account and open a new one in Texas.

Conclusion

Knowing your correct Chase routing number is essential for managing your finances. Whether you are setting up your first paycheck or sending money across the country, use the 2026 list above to ensure your transaction is successful.

[globalfinmate]

12 Ways to Make Extra Money With Unused Space in Your Home

In today’s economy, finding ways to boost your income without taking on extra work outside your home is a smart strategy. Most of us overlook one of our biggest assets — our home and the unused spaces within it. Whether it’s a spare room, a basement, a garage, a driveway, or even open backyard land, these areas hold significant earning potential.

At GlobalFinMate, we believe that financial growth isn’t only about earning more but also making smarter use of what you already own. This comprehensive guide will walk you through 12 practical and creative ways to turn unused home space into reliable income streams — from low-effort passive options to high-return strategies.

1. Rent a Spare Room or Section of Your Home

One of the most straightforward ways to generate income from unused space is by renting it out long-term. Many people — students, young professionals, families, retirees — look for affordable housing options that feel comfortable and welcoming.

Why It Works

Provides steady monthly cash flow.

Less turnover compared to short-term rentals.

You retain control over terms, privacy levels, and house rules.

Tips to Maximize Income

Clean, declutter, and remodel the room for better appeal.

Set competitive prices based on local rental rates.

Consider offering utilities included in rent for slightly higher pricing.

This traditional landlord model is a proven way to earn, especially in areas near schools, workplaces, or transit hubs.

2. Short-Term Rentals Through Platforms Like Airbnb

Unlike long-term rentals, short-term platforms such as Airbnb and Vrbo let you list a room, portion of your home, or even your entire property to travelers and guests for days or weeks at a time.

Benefits

Potentially higher revenue per night than long-term rent.

Flexible schedule — block out dates when you need privacy.

Guests often book for events, holidays, and travel seasons.

How to Succeed

Offer clean, stylish spaces with amenities like Wi-Fi, coffee, and toiletries.

Add professional photos to your listing.

Maintain excellent guest communication to earn positive reviews.

In many cases, hosts earn enough to cover significant portions of their mortgage or household expenses.

3. Rent Out Your Entire Home While You’re Away

If you travel often or have a second home that sits vacant, listing the entire home as a short-term rental while you’re away can be extremely lucrative.

Why It’s Smart

Earn income while you’re not using your property.

Some hosts make enough to cover annual housing costs.

Great option for frequent travelers or digital nomads.

Plus, you don’t need to deal with daily life-at-home logistics — guests just come and go based on your scheduled availabilities.

4. Build an Accessory Dwelling Unit (ADU)

An ADU is a self-contained living space on the same property as your main home. Think of a basement apartment, granny flat, backyard tiny home, or garage conversion.

Advantages

ADUs can rent for high monthly rates if they include amenities like a kitchen and bathroom.

It’s a separate living unit — perfect for long-term tenants.

Considerations

Requires investment upfront (construction or renovation costs).

Check local zoning laws, permits, and utility connections.

In many cities where housing demand is high, ADUs can be one of the most profitable uses of extra space.

5. Rent Out Storage Space

Not all unused space needs to house people — you can rent it for storage. Basements, garages, attics, and even spare closets are in constant demand because storage units are often expensive or inconvenient.

Why This Works

Very little maintenance or involvement required.

Tenants are typically only accessing space occasionally.

Sites like Neighbor.com and Spacer help you list and manage bookings.

Bonus Tip

If you have a large driveway or yard, you could also rent it for outdoor storage — including boats, RVs, trailers, or even construction equipment.

6. Rent Out Parking Spaces

Urban areas, airports, theaters, markets, and workplaces often have a shortage of parking. If you have a driveway, garage, or driveway space, you can lease it for monthly or even hourly parking.

Advantages

Set your hours and pricing.

Minimal involvement once space is listed.

You can list on specialized parking platforms or local community boards.

In cities where parking is especially scarce, a single spot can earn consistent passive income with almost no upkeep.

7. Offer Your Space for Creative or Artistic Use

Not everyone looking for space needs long-term accommodation — artists, photographers, creators, and hobbyists often need unique spaces for projects, studios, or workshops.

How to Get Started

List your space on platforms like Peerspace or Storefront.

Artists might pay to use bright studios, scenic rooms, or large open areas.

Convert a basement, garage, or even a spacious backyard into a creative venue.

This approach often pays well because renters are paying for experience, aesthetics, and atmosphere.

8. Rent Your Home as a Film or Photo Shoot Location

Film crews, photographers, and video content producers routinely look for unique and interesting spaces to capture scenes. Even if you don’t live in a film city, local advertising, commercials, or catalog shoots require private locations.

Why It’s Lucrative

Short jobs (1–3 days) can pay premium fees.

You can earn more per day than short-term rentals.

Simply list your home on sites that connect homeowners with production companies. You could earn hundreds to thousands per shoot depending on demand and uniqueness.

9. Host a Foreign Exchange Student or Resident Tenant

Bringing in a foreign exchange student or long-term residential tenant offers both income and cultural enrichment. Some programs provide stipends or support for host families.

Benefits

Typically long stays (semester or year).

Regular monthly stipend helps cover costs.

Enriches family life with new cultural perspectives.

This option works best if you have comfortable, furnished rooms and enjoy social interactions.

10. Use Your Space for Events or Pop-Ups

Unused home spaces — especially yards, patios, open lounges, or gardens — can be event venues. Local businesses, chefs, entertainers, and community groups often need small places for workshops, pop-ups, or gatherings.

Ideas to Try

Pop-up craft markets or storytelling nights.

Small private concerts or wellness workshops.

Community dinners, flea markets, or garage sale hubs.

With social media, you can promote your space directly to local audiences without needing a middleman.

11. Convert Your Spare Space into a Home Business Base

Unused home areas don’t have to generate money directly — they can be the foundation of a home-based business. Turn your attic, basement, or office into:

A photography studio

A custom furniture workshop

A craft or product-making space

A virtual coaching or consulting office

Using your space to support revenue-generating work means no rent expense on office or studio space, increasing your net income.

12. Garden, Yard, or Land Rental Opportunities

Land or gardens often go unused, but there’s demand for outdoor space for various activities:

Rent plots for urban gardening.

Lease fields for outdoor yoga, meditation, or fitness sessions.

Charge for pop-up camping, glamping, or outdoor events.

Many people enjoy nature and outdoor experiences — providing that to them can be rewarding and profitable.

Practical Tips: Getting Started the Smart Way

Turning unused home space into income isn’t just about listing it — it’s about preparation, safety, and understanding local rules. Here’s how to ensure success:

Know Your Local Laws

Before renting any space (even a parking spot), check your city’s zoning codes and rental regulations. Some areas have strict short-term rental laws.

Create a Clear Contract

Always document terms, pricing, access, and responsibilities — whether it’s long-term rent, storage space, or parking.

Ensure Security and Insurance Coverage

Consider additional insurance if you’re inviting strangers onto your property. Short-term platforms sometimes offer host protection, but always double-check.

Price Competitively

Research local rates — what others charge for similar rooms, storage spaces, or event venues — then price strategically.

Improve Space Appeal

Simple changes like fresh paint, upgraded lighting, a bit of landscaping, or added amenities can boost earnings significantly.

FAQs

1. Do I need special insurance to rent out parts of my home?

Yes. Standard homeowners’ insurance policies often do not cover commercial activities or short-term rentals. If you are using platforms like Airbnb or Neighbor, they often provide basic “host protection,” but it is highly recommended to speak with your insurance agent about a landlord policy or a home-sharing rider to ensure you are fully protected against liability and property damage.

2. Are there tax implications for the extra income I earn?

Absolutely. Most income earned from renting out space is considered taxable by the IRS (or your local tax authority). However, you can often deduct expenses related to the rental, such as a percentage of your utilities, repairs, and cleaning costs. Tip: Keep meticulous records and receipts, and consult a tax professional to see if you qualify for the “14-day rule” (which, in the US, may allow you to rent your home for 14 days or less per year without paying tax on that income).

3. How do I ensure my safety when letting strangers into my home?

Safety is a top priority. To minimize risk: Use Reputable Platforms: Stick to sites that verify guest identities and offer review systems. Screen Thoroughly: Don’t be afraid to ask for references or conduct a brief “interview” via messaging. Install Smart Locks: Use keypad entries so you don’t have to hand out physical keys; you can change the code after every guest. Set Clear Boundaries: Clearly define “Off-Limits” areas in your house rules.

4. What is the difference between an ADU and just renting a room?

An Accessory Dwelling Unit (ADU) is a secondary, self-contained housing unit on your property that has its own kitchen, bathroom, and entrance (like a converted garage or a “tiny house” in the backyard). Renting a room usually involves sharing common areas like the kitchen or living room with the primary residents. ADUs typically command much higher rent but require significant upfront construction costs and specific building permits.

5. Can I rent out space if I am currently a renter myself?

It depends on your lease. Most standard rental agreements have “no subletting” clauses. If you want to rent out a spare room or a parking spot, you must get written permission from your landlord first. Subletting without permission is often grounds for eviction.

Conclusion: Make Extra Money With Unused Space

Unused home space is much more than empty square footage — it’s potential income waiting to be unlocked. Whether you want a low-effort passive income, a creative entrepreneurial venture, or a full-blown rental business, there’s an idea here for you.

At GlobalFinMate, our mission is to help you make financial decisions that work smarter, not harder. Your home is one of your biggest financial assets — it’s time to let it work for you too.

[globalfinmate]

Wells Fargo Routing Number: State-by-State List

Wells Fargo Routing Number : A routing number is a 9-digit code designated for each bank to identify themselves and use to transfer money to each other. Created by the American Banking Association (ABA), their purpose is to ensure that funds from transactions, both from checks and electronic, arrive at the correct banks and accounts.

The most used routing numbers are the ABA routing numbers, which are used to pay recurrent bills, reorder checks, tax refunds and in general every transaction between financial institutions. Within these, the numbers exclusively used for electronic transactions are known as ACH routing numbers, with ACH standing for Automated Clearing House.

Wells Fargo Routing Numbers by State

Every state has at least one Wells Fargo routing number. Texas has two. (Pop quiz, Texans: The area with its own routing number also isn’t on the same electrical grid as the rest of the state. What county is it?)

To find your routing number, scroll through the table. It’s in alphabetical order.

State Wells Fargo Routing Number

Alabama: 062000080

Alaska: 125200057

Arizona: 122105278

Arkansas: 111900659

California: 121042882

Colorado: 102000076

Connecticut: 021101108

Delaware: 031100869

Florida: 063107513

Georgia: 061000227

Hawaii: 121042882

Idaho: 124103799

Illinois: 071101307

Indiana: 074900275

Iowa: 073000228

Kansas: 101089292

Kentucky: 121042882

Louisiana: 121042882

Maine: 121042882

Maryland: 055003201

Massachusetts: 121042882

Michigan: 091101455

Minnesota: 091000019

Mississippi: 062203751

Missouri: 113105449

Montana: 092905278

Nebraska: 104000058

Nevada: 321270742

New Hampshire: 121042882

New Jersey: 021200025

New Mexico: 107002192

New York: 026012881

North Carolina: 053000219

North Dakota: 091300010

Ohio: 041215537

Oklahoma: 121042882

Oregon: 123006800

Pennsylvania: 031000503

Rhode Island: 121042882

South Carolina: 053207766

South Dakota: 091400046

Tennessee: 064003768 Texas: 111900659

Texas: El Paso: 112000066

Utah: 124002971

Vermont: 121042882

Virginia: 051400549

Washington: 125008547

Frequently asked questions about routing numbers

What Is a Routing Number?

A routing number, also known as a routing transit number (aka RTN) or ABA number, is a nine-digit code the American Bankers Association assigns to identify a financial institution in a transaction. It quite literally helps route the transaction to the correct bank. Every day, it helps millions of people get their payroll direct deposits, tax refunds, and government benefits. They can also use them to send ACH (Automated Clearing House) payments and wire transfers.

How Do You Find Your Routing Number on a Check?

Do you still have checks? You can find the routing number at the bottom left of your checks in those funny characters. Incidentally, it’s the one that’s not your account number or the check number.

How Do You Find Your Wells Fargo Routing Number Online?

Probably the easiest way to find your routing number is to just check your online account. How you find it depends on whether you’re looking on a desktop or mobile device, but it’s easy, either way. To find it on your desktop, log in and go to your account summary. It doesn’t matter which account you choose unless the accounts are in different states or you need other information, such as your account number. You can find the routing number by clicking the “Routing number” link located next to your account number under the account name or at the bottom of the summary. The numbers you need will pop up.

Is an ABA number the same as a routing number?

Yes. “ABA” stands for the American Bankers Association, the organization that created these numbers. You will often see the terms “ABA number” and “routing number” used interchangeably.

Why does Wells Fargo have different routing numbers for different states?

Banking systems were historically localized. Even though Wells Fargo is a national bank, it maintains different routing numbers based on where you originally opened your account. This helps the bank process transactions more efficiently based on regional banking hubs.

Why does Texas have two different routing numbers?

Most of Texas uses one routing number, but El Paso has its own. This is because El Paso operates on a different regional infrastructure (fun fact: it’s also on a different electrical grid and time zone than most of the state!).

[globalfinmate]

Best Bank Accounts for Freelancers, Side Hustlers, & Self-Employed

If you’re a freelancer, gig worker, solopreneur, or someone juggling multiple side hustles, managing money can feel like a job of its own. Unlike traditional employees, you don’t get automatic tax deductions, employer retirement contributions, or a predictable paycheck. You need banking tools that help you stay organized, save taxes, separate personal and business finances, and grow your income.

The good news? Today’s financial world offers several banking solutions built specifically for self-employed individuals. Whether you’re a digital creator, graphic designer, Uber driver, home baker, consultant, or part-time entrepreneur, choosing the right bank account can greatly improve your financial stability.

This detailed guide from GlobalFinMate explores the best bank accounts for freelancers, side hustlers, and self-employed professionals, with a breakdown of features, fees, pros, cons, and who each account is best for.

Why Freelancers Need a Specialized Bank Account

Most freelancers start by depositing business income into their personal accounts. But as your earnings grow, that quickly becomes messy and risky.

A dedicated bank account designed for freelancing helps you:

1. Separate personal and business finances

This helps with budgeting and prevents confusion during tax season.

2. Track income and expenses easily

Most freelance-friendly banks offer automated expense tracking and categorization.

3. Save for taxes automatically

Some accounts allow you to set aside a percentage of your income as soon as it arrives.

4. Look more professional

Clients trust businesses that use real business accounts and invoices.

5. Access better features

Like early payments, free invoicing, integrated bookkeeping, and useful financial insights.

What to Look for in a Freelance or Side-Hustle Bank Account

Before choosing a bank, consider these essential features:

Low or zero fees: Monthly fees and transaction charges eat into your profits.

Easy online banking:Freelancers need 24/7 access to deposits, transfers, invoices, and expense tracking.

Mobile check deposits: Allows you to get paid faster.

No minimum balance requirement: Perfect for inconsistent incomes.

Built-in bookkeeping tools: Helps track cash flow and manage invoices.

ATM access: Free or low-cost withdrawals are a must for cash-based side hustles.

Tax management features: Helpful if you pay quarterly taxes.

High interest (APY): So your savings earn more.

Best Bank Accounts for Freelancers, Side Hustlers & Self-Employed

Now let’s explore some of the top bank accounts tailored for independent earners.

1. Novo Bank — Best for Digital Freelancers & Small Businesses

Novo is a modern online business bank built specifically for entrepreneurs, solopreneurs, and small business owners. It doesn’t charge monthly fees, offers seamless integration with business apps, and provides excellent mobile functionality.

Key Features

No monthly fees

No minimum balance requirements

Free ATM withdrawals (refunds available)

Integrates with Stripe, Shopify, PayPal, Wise, and QuickBooks

Free invoicing tools

Expedited payments

Virtual debit cards

Why It’s Great for Freelancers

Novo automates many repetitive financial tasks and allows you to manage income, expenses, and invoices from one platform.

Pros

No-fee structure

Excellent app integrations

Built-in budgeting & invoicing tools

Fast approval process

Cons

No physical branches

No cash deposit support

Best For

Digital freelancers, small online businesses, consultants, and remote workers.

2. Bluevine Business Checking — Best High-Interest Account

Bluevine is a highly popular option for freelancers looking to earn interest on their balance. The bank offers a high APY compared to many traditional solutions.

Key Features

High APY (one of the best among business accounts)

No monthly fees

Free ACH transfers

Mobile check deposit

Unlimited transactions

Line of credit available

Why It’s Great for Freelancers

Bluevine doubles as a powerful business management platform with strong payment features and excellent interest returns.

Pros

High interest rate

Strong cash flow tools

Free online banking

Real-time notifications

Cons

Fee for cash deposits

No integrative invoicing system

Best For

Freelancers who maintain a steady balance and want high interest earnings.

3. Lili Bank — Best for Taxes & Expense Tracking

Lili is designed exclusively for freelancers. Its standout features include tax automation, expense categorization, and financial insights.

Key Features

Tax bucket (automatic tax savings)

Built-in budgeting tools

Free business checking

Early payment deposits

Overdraft protection (up to $200)

Powerful mobile app

Why It’s Great for Freelancers

Lili automatically sets aside money for taxes and helps manage your income in a simple dashboard — perfect for side hustlers who struggle with financial discipline.

Pros

Ideal for gig workers

Zero fees on basic plan

Automatic tax saving

Real-time expense tracking

Cons

Limited integrations

No physical checks

Best For

Rideshare drivers, delivery workers, creators, part-time freelancers, and small service providers.

4. Axos Business Checking — Best for No-Fee Banking

Axos offers business solutions with zero monthly fees and ATM fee reimbursements, making it ideal for side hustlers who want a low-cost banking experience.

Key Features

Zero monthly maintenance fees

ATM fee reimbursement

Unlimited domestic transactions

Bill pay features

Mobile deposits

Why It’s Great for Freelancers

Axos provides the convenience of a traditional bank with the perks of modern, fee-free digital banking.

Pros

No fees

ATM reimbursements

Reliable customer support

Good for physical and digital businesses

Cons

APY is not very high

No brick-and-mortar presence

Best For

Freelancers and small businesses wanting a stable, fee-free option.

5. Mercury — Best for Tech Startups & Online Entrepreneurs

Mercury Banking is tailored for e-commerce stores, SaaS businesses, consultants, and creators.

Key Features

FDIC-insured business checking

No monthly fees

Free domestic & international transfers

Virtual cards for online expenses

Financial dashboards

Why It’s Great for Freelancers

Mercury works seamlessly for high-volume, online-first professionals, especially those who manage multiple clients and platforms.

Pros

Great for remote bank management

Advanced financial tools

Strong security

Works well for international freelancers

Cons

Not ideal for cash deposits

Approval is selective

Best For

Remote entrepreneurs, developers, digital marketers, and global freelancers.

6. Chase Business Complete Banking — Best Traditional Bank Option

If you prefer a large, traditional bank, Chase offers one of the best business checking accounts with physical branches and digital tools.

Key Features

Large branch network

Cash deposits allowed

Fraud protection

Business debit and credit card access

Free online banking

Why It’s Great for Freelancers

Chase mixes the convenience of digital banking with in-person support — perfect for freelancers who still handle cash or prefer regular customer service.

Pros

Strong reputation

Access to loans & credit cards

Easy integration with payment tools

Excellent fraud protection

Cons

Monthly fees (waivable under conditions)

Lower APY

Best For

Freelancers who prefer physical banking and want long-term financial stability.

7. Wells Fargo Initiate Business Checking — Best for Cash-Based Side Hustles

This account is perfect for tutors, local service providers, home-based entrepreneurs, and anyone working with cash payments.

Key Features

Large nationwide ATM & branch network

Cash deposit support

Business debit cards

Merchant services

Why It’s Great for Freelancers

If your side hustle involves physical transactions, Wells Fargo offers flexibility and easy cash handling.

Pros

Easy to open

Good for in-person businesses

Cash-friendly

Cons

Monthly fees

Limited tech features

Best For

Local service workers, tutors, beauticians, home businesses, and in-person freelancers.

8. Found — Best for Invoicing and Full Financial Management

Found is an all-in-one banking and bookkeeping platform designed for freelancers.

Key Features

Free business account

Full bookkeeping suite

Invoicing tools

Tax estimation

Expense categorization

No credit check required

Why It’s Great for Freelancers

Found helps eliminate the need for a separate bookkeeping app. Everything is integrated into your bank account.

Pros

Best all-in-one freelancer banking app

Great for beginners

Automates financial management

Cons

Limited customer support

No physical branches

Best For

Freelancers who need banking + bookkeeping + taxes all in one place.

How to Choose the Best Bank Account for Your Freelancing Career

Ask yourself these questions:

Do you want the lowest fees?

Choose: Novo, Lili, Axos

Do you want high interest?

Choose: Bluevine

Do you need physical branches?

Choose: Chase or Wells Fargo

Do you struggle with taxes?

Choose: Lili or Found

Do you want all-in-one financial management?

Choose: Found

Do you run a tech or online business?

Choose: Mercury or Novo

Do you get paid in cash?

Choose: Wells Fargo or Chase

Tips for Managing Money as Freelancer

Maintain separate business accounts: This protects your personal finances and simplifies bookkeeping.

Automate tax savings: Set aside 20%–30% of income monthly.

Track expenses daily: Use bank apps or bookkeeping tools.

Build an emergency fund: Freelancers should aim for 3–6 months of expenses.

Pay yourself a monthly “salary”: This stabilizes your cash flow.

Use accounting tools: QuickBooks, Wave, and FreshBooks integrate with many bank apps.

FAQs

1. Do freelancers legally need a business bank account?

If you are a Sole Proprietor, it is not legally required but highly recommended to avoid “commingling” funds. However, if you operate as an LLC or Corporation, you are legally required to have a separate business account to maintain your “corporate veil” and protect your personal assets from business liabilities.

2. Can I use a personal bank account for my side hustle?

While possible, most banks’ Terms of Service prohibit business activity in personal accounts. In 2026, banks are using advanced AI monitoring to flag high-volume commercial transactions; if caught, they may freeze your account. Additionally, using a personal account makes it significantly harder to claim tax deductions.

3. What is the best bank for freelancers with international clients?

For 2026, Wise Business and Mercury are the top choices. They provide “local” account details in multiple currencies (USD, EUR, GBP), allowing you to get paid like a local and avoid the heavy 3–5% currency conversion markups charged by traditional banks.

4. How much should a freelancer set aside for taxes in a “Tax Bucket”?

Experts generally recommend setting aside 20% to 30% of every payment. Modern banks like Lili and Found automate this by instantly moving a percentage of every incoming deposit into a locked “Tax Bucket” or “Vault” so you aren’t scrambling during quarterly tax deadlines.

5. Are there business bank accounts with no monthly fees for beginners?

Yes. Digital-first banks like Novo, Bluevine, and Axos offer $0 monthly maintenance fees and no minimum balance requirements. This is ideal for side hustlers or new freelancers with inconsistent monthly income.

Conclusion

Choosing a proper bank account is not just a financial decision — it’s a productivity and peace-of-mind decision. The best bank for freelancers depends on your workflow, income type, and financial habits. Whether you’re a gig worker, digital creator, consultant, or part-time entrepreneur, today’s banking options offer powerful features to manage taxes, invoices, expenses, and savings effortlessly.

At GlobalFinMate, we believe freelancers deserve financial systems that match their ambition. Take time to explore each option, compare features, and choose a banking partner that supports your growth — not one that adds stress or fees.

With the right bank account, you’ll spend less time managing money and more time growing your independent career.

[globalfinmate]

10 Best Part-Time Jobs With Health Insurance Benefits

Finding a part-time job that actually comes with health insurance? That used to sound like a myth. But in today’s job market, more employers are offering health benefits to part-time workers — and knowing where to look can make all the difference.

Whether you’re a student, a stay-at-home parent, a freelancer, or simply someone looking to supplement your income without sacrificing your health coverage, this guide is for you. And if you want to stay on top of financial tips, credit card comparisons, banking advice, and market insights while you job hunt, be sure to check out GlobalFinMate — one of the best financial blogs for beginners and seasoned readers alike.

Why Part-Time Jobs With Health Insurance Matter

Healthcare costs, especially in the U.S., are no joke. A single emergency room visit can wipe out months of savings. That’s why landing a part-time role that includes health benefits isn’t just a “nice to have” — it’s a smart financial move. It saves you from buying expensive individual insurance plans and gives you peace of mind while you build your career or manage other responsibilities.

10 Best Part-Time Jobs With Health Insurance Benefits are:

1. Starbucks Barista

Starbucks is famously generous with part-time workers. If you work as few as 20 hours per week, you’re eligible for their comprehensive health insurance package, including medical, dental, and vision coverage. It’s one of the most well-known part-time benefit packages in the retail industry. 

Average Pay: $13–$17/hour

2. UPS Package Handler

UPS offers health benefits to part-time employees after a waiting period, making it a popular choice for students and those looking for early morning or evening shifts. Physical work, but reliable benefits and union backing.

Average Pay: $15–$21/hour

3. REI Retail Associate

Outdoor gear retailer REI is employee-owned and known for treating its staff well. Part-time employees working 20+ hours per week are eligible for health insurance, paid time off, and even gear discounts.

Average Pay: $14–$18/hour

4. Costco Warehouse Associate

Costco consistently ranks as one of the best employers in retail. Part-time workers become eligible for health benefits after just 180 days, with low out-of-pocket costs compared to industry standards.

Average Pay: $17–$22/hour

5. Home Depot Sales Associate

Home Depot offers part-time employees access to medical, dental, and vision plans. With thousands of locations across North America, it’s widely accessible and offers flexible scheduling.

Average Pay: $14–$18/hour

6. Bank Teller (Various Banks)

Many major banks — including JPMorgan Chase, Wells Fargo, and Bank of America — offer health benefits to part-time tellers. This is a fantastic option if you’re curious about banking accounts, high-yield savings accounts, EMI calculators, and how the financial system works from the inside.

Average Pay: $15–$20/hour

Want to compare the best banking accounts, credit cards, or high-yield accounts available right now? Visit GlobalFinMate for honest, beginner-friendly breakdowns of the top financial products in the market.

7. Trader Joe’s Crew Member

Trader Joe’s is another grocery retailer that offers excellent health benefits to part-time employees. Workers clocking in 20+ hours a week can access medical and dental coverage, and the company culture is known for being supportive and fun.

Average Pay: $15–$20/hour

8. Substitute Teacher

In many U.S. school districts, substitute teachers working regularly can access health insurance through the district or union. It’s a flexible, rewarding role — especially if you enjoy working with kids or are pursuing an education degree.

Average Pay: $100–$200/day (varies by district)

9. Freelance Healthcare Worker (CNA, Medical Assistant)

Certified Nursing Assistants and Medical Assistants who work part-time through hospitals or staffing agencies often receive health benefits. Healthcare is one of the most benefit-friendly industries, even for part-time and contract roles.

Average Pay: $16–$25/hour

10. Amazon Warehouse Associate

Amazon offers health benefits to part-time employees who work 20+ hours per week. With fulfillment centers across the country and flexible shift options, it’s highly accessible for people in most cities and towns.

Average Pay: $16–$22/hour

How to Make the Most of Your Part-Time Income

Getting a part-time job with health insurance is just the first step. The real financial win comes from managing that income wisely — and that means understanding the financial tools and products available to you.

This is where GlobalFinMate becomes your most valuable financial companion. Whether you’re just starting out or looking to level up your money game, GlobalFinMate covers it all:

Credit Card Comparisons — Find the best credit cards for cashback, travel rewards, low interest rates, and zero annual fees. Stop guessing, start saving.

Banking Accounts & High-Yield Accounts — Learn the difference between a regular savings account and a high-yield savings account (HYSA), and discover which banks offer the best interest rates right now.

EMI Calculator & Loan Guides — Planning to take a personal loan, car loan, or home loan? Use financial tools like an EMI calculator to understand your monthly repayments before you commit.

Investment Tips for Beginners — From mutual funds and index funds to stocks and ETFs, GlobalFinMate explains investing in plain English.

Financial Product Comparisons —  Insurance plans, digital wallets, money transfer services — GlobalFinMate compares them all so you don’t have to spend hours researching.

Market News & Trends — Stay updated on what’s happening in the financial world without drowning in complicated jargon.

Personal Finance Tips — Budgeting, saving, debt management, and building an emergency fund — practical advice for real life.

Whether you’re a complete beginner trying to open your first bank account, a finance enthusiast comparing credit card rewards, or someone using an EMI calculator to plan a big purchase — GlobalFinMate has a blog for you.

Who Is GlobalFinMate For?

GlobalFinMate is built for everyone who wants to make smarter money decisions:

Beginners — New to finance? Start with the basics. Learn what a savings account, credit score, or compound interest actually means.

Part-Time Workers & Earners — Understand how to stretch your income further with the right banking products and budgeting strategies.

Finance Enthusiasts — Dive deep into market analysis, investment strategies, and financial product reviews.

Bloggers & Promoters — Want to share financial tips or promote trusted financial products? GlobalFinMate is a growing platform reaching an engaged, money-conscious audience.

FAQs

1. How many hours do I usually need to work to qualify for health benefits?

While the Affordable Care Act (ACA) requires large employers to provide insurance to those working 30+ hours per week, many companies choose to offer it at lower thresholds. As noted in the guide, popular employers like Starbucks, UPS, and REI often offer benefits to employees working as few as 20 hours per week.

2. Is there a waiting period before health insurance kicks in?

Yes, most companies have a “probationary period.” This can range from: Immediate or 30 days: High-turnover or competitive industries (e.g., some healthcare roles). 90 to 180 days: Common for retail and warehouse positions like Costco or Home Depot. Always confirm the specific timeline with HR during your interview.

3. Do part-time health plans offer the same coverage as full-time plans?

In many cases, yes. Companies like UPS and Starbucks are known for offering part-time workers access to the same comprehensive medical, dental, and vision plans as their full-time counterparts. However, some employers may require part-time workers to pay a higher share of the monthly premium.

4. What happens if my employer doesn’t offer insurance?

If you work part-time and your employer doesn’t provide coverage, you aren’t out of luck. You can: Apply through the Health Insurance Marketplace (HealthCare.gov). Check if you qualify for Medicaid or CHIP based on your income. Stay on a parent’s plan if you are under 26. 

5. Can I get dental and vision insurance without medical insurance?

Often, yes. Some employers offer “ancillary benefits” like dental and vision even if you don’t meet the hour requirement for full medical coverage. These are usually much more affordable and can still save you a lot of money on routine checkups.

Conclusion

Part-time jobs with health insurance benefits do exist — and they’re more common than most people think. From coffee shops to warehouses to banks, employers across industries are recognizing that taking care of part-time workers leads to better loyalty and performance.

Once you’ve secured that job, take your financial growth seriously. Read, learn, compare, and stay informed. Whether it’s choosing the right credit card, opening a high-yield savings account, calculating your EMI, or simply understanding how banking works — the knowledge is out there.

Your health and your finances both deserve the best. Start today.

[globalfinmate]

10 Best Part-Time Jobs With Health Insurance Benefits

Finding a part-time job that actually comes with health insurance? That used to sound like a myth. But in today’s job market, more employers are offering health benefits to part-time workers — and knowing where to look can make all the difference.

Whether you’re a student, a stay-at-home parent, a freelancer, or simply someone looking to supplement your income without sacrificing your health coverage, this guide is for you. And if you want to stay on top of financial tips, credit card comparisons, banking advice, and market insights while you job hunt, be sure to check out GlobalFinMate — one of the best financial blogs for beginners and seasoned readers alike.

Why Part-Time Jobs With Health Insurance Matter

Healthcare costs, especially in the U.S., are no joke. A single emergency room visit can wipe out months of savings. That’s why landing a part-time role that includes health benefits isn’t just a “nice to have” — it’s a smart financial move. It saves you from buying expensive individual insurance plans and gives you peace of mind while you build your career or manage other responsibilities.

10 Best Part-Time Jobs With Health Insurance Benefits are:

1. Starbucks Barista

Starbucks is famously generous with part-time workers. If you work as few as 20 hours per week, you’re eligible for their comprehensive health insurance package, including medical, dental, and vision coverage. It’s one of the most well-known part-time benefit packages in the retail industry. 

Average Pay: $13–$17/hour

2. UPS Package Handler

UPS offers health benefits to part-time employees after a waiting period, making it a popular choice for students and those looking for early morning or evening shifts. Physical work, but reliable benefits and union backing.

Average Pay: $15–$21/hour

3. REI Retail Associate

Outdoor gear retailer REI is employee-owned and known for treating its staff well. Part-time employees working 20+ hours per week are eligible for health insurance, paid time off, and even gear discounts.

Average Pay: $14–$18/hour

4. Costco Warehouse Associate

Costco consistently ranks as one of the best employers in retail. Part-time workers become eligible for health benefits after just 180 days, with low out-of-pocket costs compared to industry standards.

Average Pay: $17–$22/hour

5. Home Depot Sales Associate

Home Depot offers part-time employees access to medical, dental, and vision plans. With thousands of locations across North America, it’s widely accessible and offers flexible scheduling.

Average Pay: $14–$18/hour

6. Bank Teller (Various Banks)

Many major banks — including JPMorgan Chase, Wells Fargo, and Bank of America — offer health benefits to part-time tellers. This is a fantastic option if you’re curious about banking accounts, high-yield savings accounts, EMI calculators, and how the financial system works from the inside.

Average Pay: $15–$20/hour

Want to compare the best banking accounts, credit cards, or high-yield accounts available right now? Visit GlobalFinMate for honest, beginner-friendly breakdowns of the top financial products in the market.

7. Trader Joe’s Crew Member

Trader Joe’s is another grocery retailer that offers excellent health benefits to part-time employees. Workers clocking in 20+ hours a week can access medical and dental coverage, and the company culture is known for being supportive and fun.

Average Pay: $15–$20/hour

8. Substitute Teacher

In many U.S. school districts, substitute teachers working regularly can access health insurance through the district or union. It’s a flexible, rewarding role — especially if you enjoy working with kids or are pursuing an education degree.

Average Pay: $100–$200/day (varies by district)

9. Freelance Healthcare Worker (CNA, Medical Assistant)

Certified Nursing Assistants and Medical Assistants who work part-time through hospitals or staffing agencies often receive health benefits. Healthcare is one of the most benefit-friendly industries, even for part-time and contract roles.

Average Pay: $16–$25/hour

10. Amazon Warehouse Associate

Amazon offers health benefits to part-time employees who work 20+ hours per week. With fulfillment centers across the country and flexible shift options, it’s highly accessible for people in most cities and towns.

Average Pay: $16–$22/hour

How to Make the Most of Your Part-Time Income

Getting a part-time job with health insurance is just the first step. The real financial win comes from managing that income wisely — and that means understanding the financial tools and products available to you.

This is where GlobalFinMate becomes your most valuable financial companion. Whether you’re just starting out or looking to level up your money game, GlobalFinMate covers it all:

Credit Card Comparisons — Find the best credit cards for cashback, travel rewards, low interest rates, and zero annual fees. Stop guessing, start saving.

Banking Accounts & High-Yield Accounts — Learn the difference between a regular savings account and a high-yield savings account (HYSA), and discover which banks offer the best interest rates right now.

EMI Calculator & Loan Guides — Planning to take a personal loan, car loan, or home loan? Use financial tools like an EMI calculator to understand your monthly repayments before you commit.

Investment Tips for Beginners — From mutual funds and index funds to stocks and ETFs, GlobalFinMate explains investing in plain English.

Financial Product Comparisons — Insurance plans, digital wallets, money transfer services — GlobalFinMate compares them all so you don’t have to spend hours researching.

Market News & Trends — Stay updated on what’s happening in the financial world without drowning in complicated jargon.

Personal Finance Tips — Budgeting, saving, debt management, and building an emergency fund — practical advice for real life.

Whether you’re a complete beginner trying to open your first bank account, a finance enthusiast comparing credit card rewards, or someone using an EMI calculator to plan a big purchase — GlobalFinMate has a blog for you.

Who Is GlobalFinMate For?

GlobalFinMate is built for everyone who wants to make smarter money decisions:

Beginners — New to finance? Start with the basics. Learn what a savings account, credit score, or compound interest actually means.

Part-Time Workers & Earners — Understand how to stretch your income further with the right banking products and budgeting strategies.

Finance Enthusiasts — Dive deep into market analysis, investment strategies, and financial product reviews.

Bloggers & Promoters — Want to share financial tips or promote trusted financial products? GlobalFinMate is a growing platform reaching an engaged, money-conscious audience.

FAQs

1. How many hours do I usually need to work to qualify for health benefits?

While the Affordable Care Act (ACA) requires large employers to provide insurance to those working 30+ hours per week, many companies choose to offer it at lower thresholds. As noted in the guide, popular employers like Starbucks, UPS, and REI often offer benefits to employees working as few as 20 hours per week.

2. Is there a waiting period before health insurance kicks in?

Yes, most companies have a “probationary period.” This can range from: Immediate or 30 days: High-turnover or competitive industries (e.g., some healthcare roles). 90 to 180 days: Common for retail and warehouse positions like Costco or Home Depot. Always confirm the specific timeline with HR during your interview.

3. Do part-time health plans offer the same coverage as full-time plans?

In many cases, yes. Companies like UPS and Starbucks are known for offering part-time workers access to the same comprehensive medical, dental, and vision plans as their full-time counterparts. However, some employers may require part-time workers to pay a higher share of the monthly premium.

4. What happens if my employer doesn’t offer insurance?

If you work part-time and your employer doesn’t provide coverage, you aren’t out of luck. You can: Apply through the Health Insurance Marketplace (HealthCare.gov). Check if you qualify for Medicaid or CHIP based on your income. Stay on a parent’s plan if you are under 26.

5. Can I get dental and vision insurance without medical insurance?

Often, yes. Some employers offer “ancillary benefits” like dental and vision even if you don’t meet the hour requirement for full medical coverage. These are usually much more affordable and can still save you a lot of money on routine checkups.

Conclusion

Part-time jobs with health insurance benefits do exist — and they’re more common than most people think. From coffee shops to warehouses to banks, employers across industries are recognizing that taking care of part-time workers leads to better loyalty and performance.

Once you’ve secured that job, take your financial growth seriously. Read, learn, compare, and stay informed. Whether it’s choosing the right credit card, opening a high-yield savings account, calculating your EMI, or simply understanding how banking works — the knowledge is out there.

Your health and your finances both deserve the best. Start today.

[globalfinmate]

Complete Guide to Building an Emergency Fund: Step-by-Step for USA Households

Building an emergency fund is one of the smartest financial decisions any American household can make, regardless of income, age, or lifestyle. Financial emergencies come without warning—medical bills, car repairs, job loss, home maintenance, or sudden travel needs—and without money set aside, the impact can be mentally and financially devastating. At GlobalFinMate, we have seen the powerful difference a well-planned emergency fund can make in creating stability, confidence, and long-term financial security.

This guide explains everything you need to know about creating and growing an emergency fund, especially designed for USA families dealing with rising living costs, fluctuating job markets, and unpredictable economic trends. By the end of this step-by-step guide, you will understand how much you need, how to save consistently, where to store your fund, and how to use it responsibly.

Understanding What an Emergency Fund Really Is

An emergency fund is a separate savings reserve dedicated strictly to handling unexpected financial situations. It is not meant for planned expenses like vacations, shopping, birthdays, or upgrades. Instead, it serves as a cushion that prevents you from falling into debt, relying on high-interest credit cards, or dipping into long-term investments when life surprises you.

For many families across the United States, an emergency fund acts as a safety shield against economic stress. Whether you’re living paycheck to paycheck or managing a comfortable income, having a financial buffer reduces anxiety, improves decision-making, and helps you stay prepared for anything.

Why Every USA Household Needs an Emergency Fund

Unexpected expenses are a normal part of life. A study published by the Federal Reserve found that more than one-third of Americans cannot cover a $400 emergency without borrowing, highlighting how vulnerable many households still are.

The reason emergency funds are essential goes far beyond having extra savings. They provide mental security and financial independence. Families with emergency savings make better financial choices because they do not act out of panic. They avoid predatory loans, excessive credit card interest, and long-term debt traps.

Emergency funds are also crucial in situations like sudden unemployment. Given today’s shifting job market, layoffs and income disruptions can happen even in stable industries. An emergency fund ensures your family can manage essential expenses without sacrificing dignity, safety, or future financial goals.

Determining How Much Money You Really Need

The amount needed in an emergency fund varies from household to household. However, the most common recommendation is three to six months of essential living expenses. For some families, particularly those with unstable income streams, saving up to nine or even twelve months is beneficial.

The best way to determine your personal goal is to calculate your essential monthly expenses. These include rent or mortgage payments, utilities, groceries, insurance premiums, childcare, transportation, medical needs, and necessary debt payments. Once this number is clear, multiply it by the number of months you want your safety net to cover.

Households with dependent children, elderly parents, or higher medical needs may want to build a slightly larger fund. Similarly, if your income fluctuates—such as gig workers, freelancers, or small business owners—your emergency fund should be more substantial to offset months of low or unreliable earnings.

Where to Keep Your Emergency Fund for Maximum Safety

Selecting the right place to store your emergency fund is just as important as saving for it. Since this money must be safe, accessible, and separate from daily-use accounts, certain options offer more advantages.

A high-yield savings account is one of the most recommended places. These accounts typically offer significantly higher interest rates than regular savings accounts, meaning your fund grows passively over time. They are FDIC-insured, protecting your money up to $250,000.

A money market account is another safe choice. It offers slightly higher interest rates, check-writing features, and strong liquidity. However, some accounts may require a minimum balance.

Some households also consider short-term certificates of deposit (CDs). While CDs offer higher interest, they lock your money for a fixed period. If you need instant access, this might not be ideal unless you opt for a no-penalty CD.

The key is choosing a safe, low-risk option where your money remains accessible and untouched for non-emergency purposes. Avoid risky investments, crypto wallets, or fluctuating markets for emergency money, as the purpose is stability, not profit.

How to Start Saving Even If You’re Living Paycheck to Paycheck

Many Americans feel overwhelmed at the idea of saving, especially when monthly expenses already stretch the budget. However, even small steps lead to big results over time. The key is consistency.

Begin by setting a realistic starting goal. Instead of aiming for thousands of dollars immediately, start with a target like $100, then move to $500, and gradually build. Starting small builds momentum and motivation.

It helps to track your monthly spending to identify savings opportunities. Cancel unused subscriptions, cut down on non-essential purchases, and renegotiate bills. Even saving five or ten dollars every week makes a lasting difference when done consistently.

Automating your savings is another powerful strategy. Set up an automatic transfer from your checking account into your emergency fund every payday. When saving becomes automated, you avoid the temptation to skip contributions.

Side income also accelerates your progress. Freelancing, weekend gigs, part-time remote work, selling unused items, or monetizing simple skills can significantly increase the speed at which you build your fund. Every extra dollar counts.

Creating Step-by-Step Strategy for Building Your Fund

To create a functional emergency fund, you need a clear, structured plan. This helps you stay disciplined, track progress, and keep your financial goals in focus.

Start by determining your total savings goal. Once you know how much you need, break it down into monthly savings targets. Large numbers feel intimidating, but small monthly goals feel manageable and realistic.

Next, establish a fixed savings schedule that matches your pay cycle. This ensures your contributions remain consistent. Review your budget monthly to adjust contributions as income or expenses change.

Another important part of the strategy is protecting your fund from misuse. Create clear rules within your household about what qualifies as an emergency. Share the guidelines with family members to avoid draining the fund unnecessarily.

Celebrate every milestone. Reaching the first $100, the first $1,000, or the first full month of expenses saved is an achievement. These milestones help keep your motivation high through the long-term savings journey.

The Psychological Benefits of Having an Emergency Fund

Money-related stress affects mental health, daily decision-making, and family relationships. When households lack an emergency fund, financial fear becomes a constant companion. Unexpected expenses trigger anxiety, arguments, and feelings of helplessness.

On the other hand, having an emergency fund brings emotional peace. It gives families a sense of control, allows individuals to take risks like switching jobs or pursuing better opportunities, and reduces stress-related illnesses.

Financial security naturally improves confidence. People with emergency savings feel more optimistic about their future, knowing they can handle challenges without crisis-driven decisions. The emotional stability an emergency fund provides is often just as valuable as the money itself.

Using the Emergency Fund the Right Way

An emergency fund should be used wisely and only under genuine necessity. Understanding when to use it—and when not to—is essential for ensuring it lasts.

True emergencies usually fall into categories such as medical crises, essential home repairs, sudden job loss, unexpected travel for family emergencies, or major car issues. These are moments where the fund should serve its purpose.

On the contrary, non-emergencies include vacations, dining out, holiday shopping, new gadgets, lifestyle upgrades, or opportunities that aren’t urgent. Using your emergency fund for these purposes weakens your financial stability.

If you do use your emergency fund, make it a priority to rebuild it as quickly as possible. Return to your savings schedule and focus on restoring your safety net so it’s ready for future needs.

Common Mistakes People Make While Building an Emergency Fund

Many households start emergency funds with good intentions but often make avoidable mistakes. One of the biggest mistakes is mixing the fund with daily spending accounts. When the money is too easily accessible, it becomes tempting to use it for non-urgent needs. Always keep your emergency fund separate.

Another mistake is stopping contributions once the first milestone is reached. An emergency fund must grow steadily until it reaches your full target. Even then, it should be reviewed and adjusted as life circumstances change.

Some people rely entirely on credit cards instead of building savings. While credit cards may help temporarily, they add interest and financial pressure. An emergency fund is a far safer and cheaper alternative.

Avoid keeping your emergency money in cash at home. It is vulnerable to theft, loss, and inflation. A secure financial institution is always a better option.

Maintaining and Growing Your Emergency Fund Over Time

Once you achieve your savings goal, maintaining it becomes the next priority. Life changes—rent increases, family size grows, healthcare costs rise—so your emergency fund amount should also evolve.

Review your fund annually to ensure it still covers three to six months of essential expenses. Adjust contributions if your budget changes or if your income significantly increases.

As your financial situation improves, consider upgrading your savings vehicle to a higher-yield account. Even a small difference in interest rates can help your fund grow faster over time.

Another way to strengthen your emergency fund is by earmarking unexpected inflows such as tax refunds, bonuses, or cash gifts. Allocating part of these windfalls keeps your savings strong without pressuring your monthly budget.

How Emergency Fund Protects Your Long-Term Financial Goals

A strong emergency fund supports every other financial goal you set for your life. Whether you’re planning to buy a home, save for your children’s education, invest in real estate, or build retirement savings, a financial emergency can disrupt everything.

Without an emergency fund, families often withdraw money from long-term investments or retirement accounts. These withdrawals lead to penalties, lost growth potential, and delayed financial progress.

With a separate emergency fund, long-term investments remain untouched. This allows your savings, retirement accounts, and wealth-building strategies to grow steadily and sustainably. Essentially, your emergency fund becomes the foundation that protects all other financial goals.

Financial Discipline and Saving Habits That Strengthen Your Fund

Saving money consistently requires strong habits and discipline. The more intentional your financial behavior, the faster your emergency fund grows.

One effective habit is tracking your spending regularly. Understanding where your money goes helps you identify unnecessary purchases and redirect that money to your savings.

Another habit is paying yourself first. Treat your emergency fund contribution like a mandatory bill. When you prioritize saving before spending, you naturally build financial discipline.

Maintaining a minimal-debt lifestyle also helps you save more. The less money you spend on interest payments, the more money you can put toward your emergency fund and other savings goals.

How to Rebuild Emergency Fund After Using It

No matter how well you plan, there will be times when you must dip into your emergency fund. This is normal and expected. What matters is how quickly and effectively you rebuild it.

Begin by reevaluating your financial situation. Identify whether the emergency was a one-time event or something you should prepare more for in the future. Adjust your target amount accordingly.

Next, restart your savings schedule. Increase contribution amounts temporarily if possible, even if for a short period. Use tax refunds or bonuses to replenish the fund faster.

Avoid relying on credit cards or loans to rebuild your savings. Loans introduce more financial pressure, whereas consistent savings help rebuild your cushion sustainably.

How Families, Singles, and Retirees Can Customize Their Emergency Funds

Emergency fund needs differ across life stages. Families with children need larger funds due to higher medical, educational, and living costs. Singles may need smaller reserves but must consider healthcare and job security.

Retirees must approach emergency savings differently. Their expenses might be more predictable, but medical emergencies are often more frequent. Retirees should keep emergency money accessible but separate from investment accounts to avoid withdrawing at the wrong time.

Households with pets should also factor in veterinary emergencies, which can be expensive.

Ultimately, customizing your emergency fund ensures that it fits your lifestyle, responsibilities, and financial risks accurately.

The Role of Technology in Helping You Build Your Emergency Fund

Digital tools make saving money easier and more effective than ever. Financial apps help track spending, remind you of savings goals, and automate transfers. Many apps even round up your purchases and save the difference, helping you accumulate money passively.

Online banks offer better interest rates and user-friendly dashboards to monitor your savings progress. Budgeting tools allow households to visualize their financial habits and create realistic savings strategies.

These technologies simplify the process and make financial planning more engaging, especially for families who prefer modern tools over traditional spreadsheets.

How Rising Living Costs in USA Make an Emergency Fund Even More Important

The cost of living in the United States has increased significantly due to inflation, rent hikes, healthcare expenses, and rising grocery prices. With these changes, families cannot rely solely on income stability.

Emergencies cost more today than they did a few years ago. Medical bills, vehicle repairs, and home maintenance expenses have increased. This makes it even more essential to have a financial buffer.

An emergency fund protects households from the unpredictable nature of the economy. Whether the country faces a recession, job market shifts, or inflation spikes, your savings act as a shield against uncertainty.

Conclusion

Building an emergency fund is one of the smartest financial decisions any USA household can make. Whether you are just starting or rebuilding after a setback, every dollar saved strengthens your financial foundation. An emergency fund offers security, reduces stress, prevents debt, and supports long-term financial goals.

At GlobalFinMate, we believe that financial confidence begins with preparation. Your emergency fund is not just money—it is peace of mind. When life happens unexpectedly, you deserve to feel prepared, stable, and in control.

Start today, no matter how small the amount. Every step you take toward saving brings you closer to a secure and financially empowered future.

[globalfinmate]

20 Largest Banks in the U.S.

The banking landscape in the United States is dominated by several major financial institutions, including widely recognized names such as Bank of America and Wells Fargo. Alongside these giants, the list of top banks also features regional and specialized institutions like Truist, TD Bank, and State Street, which may not be as familiar to the general public.

Each year, the rankings shift as emerging banks with strong digital capabilities, competitive savings rates, and innovative services attract customers away from traditional players. As a result, the market continues to evolve, highlighting the growing importance of technology and customer experience in modern banking.

Below is the updated list of the 20 largest U.S. banks ranked by total assets.

Each bank on the list is accompanied by key details that help readers understand its background and structure:

Headquarters:

Many major U.S. banks maintain two headquarters—one for their official charter and another for executive operations. Charter locations are often based in states with more favorable regulatory or tax policies, such as South Dakota, while executive offices are typically located in major financial hubs like New York City.

Domestic Asset Percentage:

This figure represents how much of a bank’s total assets are held within the United States. For every institution included in this list, U.S. assets make up the majority of their overall holdings.

Branch Count:

This refers to how many physical branches a bank operates nationwide. Banks that focus heavily on consumer and small-business services tend to have extensive branch networks, sometimes numbering in the thousands. On the other hand, institutions that primarily serve large corporations or investment clients often operate with far fewer branches.

Founding Date:

Some banks have roots going back to the 1700s or 1800s, while others emerged more recently. In certain cases—such as JPMorgan Chase and Truist—the institution’s current form is the result of mergers, even though the original entities have much older histories.

Current CEO:

This identifies the executive responsible for overseeing the bank’s daily operations. All the banks listed are governed by boards of directors, and many are publicly traded companies, adding layers of oversight and accountability.

20 Largest Banks in the U.S. by Total Assets

1. JPMorgan Chase

JPMorgan Chase is the largest bank in the United States and one of the most influential financial institutions in the world. Although the current company was officially formed in 2000, its origins trace back to 1799, when The Manhattan Company—its earliest predecessor—was established. Over the centuries, a series of mergers helped shape the modern bank that is now a key part of America’s financial landscape.

Assets: $3.38 trillion Total Asset Value: $3.38 trillion Headquarters: Columbus, Ohio (charter) & New York, New York (executive) Domestic Asset Percentage: 76% Branch Count: 4,828 branches Founded: December 31, 2000 (modern structure) CEO: Jamie Dimon

A Brief History

Although the bank carries the name of legendary financier J.P. Morgan, the institution’s earliest roots began long before Morgan’s lifetime. The Manhattan Company, founded in 1799, eventually became part of what would later evolve into JPMorgan Chase.

The modern version of the bank was created when J.P. Morgan & Co. merged with The Chase Manhattan Company in 2000. In the years that followed, JPMorgan Chase expanded rapidly through major acquisitions. It purchased Bank One in 2004, and during the 2008 financial crisis, it took over Bear Stearns and Washington Mutual, strengthening its national presence. The company also gained significant financial momentum from General Motors’ $23 billion IPO in 2010.

JPMorgan Chase Today

Now one of the most prominent financial institutions in the U.S., JPMorgan Chase operates nearly 5,000 branches nationwide. The bank is well known for its broad suite of consumer and small-business services, including popular cash-back and travel credit cards. Its continued growth reflects both strategic acquisitions and a strong emphasis on digital banking and customer experience.

2. Bank of America

Bank of America stands as one of the largest and most recognizable banks in the United States. While it was already a major financial institution before the late-2000s financial crisis, a series of major acquisitions during that turbulent period transformed it into a nationwide powerhouse. Today, it’s hard to find a U.S. city that doesn’t have at least one Bank of America branch.

Assets: $2.44 trillion Total Asset Value: $2.44 trillion Headquarters: Charlotte, North Carolina Domestic Asset Percentage: 95% Branch Count: 3,895 branches Founded: September 30, 1998 (modern structure) CEO: Brian Moynihan

A Brief History

Bank of America’s roots trace back to an unexpected place — the early 20th-century Bank of Italy in San Francisco. Founded to support Italian immigrants who faced challenges accessing financial services, Bank of Italy quickly grew and expanded its services. In 1922, it merged to form Bank of America and Italy, eventually evolving into the more streamlined BankAmerica as it expanded across the country.

The present-day Bank of America was created in 1998, when NationsBank, a major Charlotte-based institution, acquired BankAmerica in what became the largest bank merger in U.S. history at that time.

Growth in the 2000s

During the financial turbulence of the late 2000s, Bank of America made several major acquisitions that reshaped its presence in the banking and investment landscape. In 2007, it purchased Countrywide Financial, a major mortgage lender, and in 2008 it acquired Merrill Lynch, giving the bank one of the nation’s largest investment advisory and brokerage networks.

Bank of America Today

Now known for its vast nationwide presence and wide range of financial products, Bank of America serves millions of customers across consumer banking, mortgages, credit cards, and investment services. Even if you don’t personally bank with them, there’s a strong chance that someone in your circle does—reflecting the company’s massive footprint in the American financial ecosystem.

3. Citibank

Citibank stands out among the largest U.S. banks for its strong global presence and emphasis on corporate finance. Compared with many of its peers, it operates on a more international scale and has a significant focus on investment banking and large-scale lending. It is also the only bank on this list currently led by a woman CEO.

Assets: $1.72 trillion Total Asset Value: $1.72 trillion Headquarters: Sioux Falls, South Dakota (charter) & New York, New York (executive) Domestic Asset Percentage: 60% Branch Count: 666 branches Founded: June 16, 1812 CEO: Jane Fraser

Historical Background

Citibank’s origins date back to 1812, when it was founded as City Bank in New York City. Its early years coincided with the War of 1812, during which the young United States faced severe financial strain. City Bank played a crucial role by providing a $700,000 capital infusion—an enormous sum for that era—that helped the federal government stabilize.

The bank’s leadership and founders were deeply connected to the political and business networks of the time, ensuring its continued growth and influence. Over the 19th and early 20th centuries, City Bank invested heavily in projects that shaped the modern economy, including major infrastructure developments such as electrical systems and transatlantic communication cables.

Citibank Today

Now operating as a key division of Citigroup, Citibank is recognized worldwide for its strength in investment banking, corporate services, and consumer financial products. With a footprint that spans numerous countries, it remains one of the most globalized American banks. Citibank is also notable for being one of the only major banks led by a woman CEO, Jane Fraser, and for offering attractive account bonuses that consistently draw new customers.

4. Wells Fargo

Wells Fargo began in the 1850s as a frontier bank serving the rapidly expanding American West. Founded by Henry Wells and William G. Fargo, the company provided essential financial services to growing Western cities and remote communities. Today, it has grown into one of the most recognizable financial institutions in the United States.

Assets: $1.71 trillion Total Asset Value: $1.71 trillion Headquarters: Sioux Falls, South Dakota (charter) & San Francisco, California (executive) Domestic Asset Percentage: 99% Branch Count: 4,739 branches Founded: March 18, 1852 CEO: Charles Scharf

Historical Background

Wells Fargo is the smallest—though only slightly—of the four major U.S.-based megabanks. Its history stretches back over 170 years, and its founders played a crucial role in connecting a growing nation. As the United States expanded westward, Wells and Fargo helped strengthen the young country’s financial infrastructure by offering reliable banking and express services.

The bank later helped solidify San Francisco’s role as a major financial center, especially as trade opportunities expanded across the Pacific. After the devastating 1906 earthquake, Wells Fargo played a significant part in helping rebuild the city. Decades later, the bank also supported the nation during World War II by contributing to the financing of U.S. war bond programs.

Wells Fargo Today

Wells Fargo serves millions of customers across consumer banking, small-business banking, mortgages, and other financial services. While the bank has a strong nationwide presence, it has also faced notable controversies in recent years. In 2012, it paid over $175 million to settle allegations of discriminatory lending brought by the U.S. Department of Justice. It later paid more than $3 billion to resolve civil and criminal cases tied to unauthorized account openings—a scandal that significantly impacted its public image.

Despite these challenges, Wells Fargo remains one of the largest and most influential banks in the United States, with a wide branch network and a long-standing presence in American finance.

5. U.S. Bank

U.S. Bank has deep roots in American financial history, with its earliest predecessor institutions—the First National Bank of Cincinnati and the First National Bank of Minneapolis—dating back to the 1860s. Over time, the company expanded by acquiring numerous regional banks, eventually becoming a nationwide financial institution with a strong coast-to-coast presence.

Assets: $582 billion Total Asset Value: $582 billion Headquarters: Cincinnati, Ohio (charter) & Minneapolis, Minnesota (executive) Domestic Asset Percentage: 98% Branch Count: 2,251 branches Founded: July 13, 1863 CEO: Andrew Cecere

Historical Background

U.S. Bank’s story began during the Civil War era. The First National Bank of Cincinnati opened in 1863, followed soon after by the First National Bank of Minneapolis. Though the modern institution operates under a single brand today, it continues to maintain a strong presence in both cities that shaped its early identity.

Over the decades, U.S. Bank grew steadily by acquiring regional banks across the country. This strategic expansion helped it evolve into a major national player while maintaining solid ties to local communities.

U.S. Bank Today

Compared with many other large financial institutions, U.S. Bank maintains a strong domestic focus. Unlike banks with a large international footprint—such as Citibank—U.S. Bank primarily serves customers within the United States. Its core strengths lie in consumer banking, small-business services, and a competitive suite of credit cards and deposit accounts.

With more than 2,200 branches across the country, U.S. Bank continues to be a trusted financial partner for millions of Americans.

6. PNC Bank

PNC Bank was created in 1983 through the merger of two major Pennsylvania financial institutions—Pittsburgh National Corporation and Provident National Corporation. The two companies not only shared a similar mission but also the same initials, making the PNC brand a natural fit. Today, PNC operates extensively across the eastern and central regions of the United States, serving millions of consumers and businesses.

Assets: $533 billion Total Asset Value: $533 billion Headquarters: Wilmington, Delaware (charter) & Pittsburgh, Pennsylvania (executive) Domestic Asset Percentage: 100% Branch Count: 2,639 branches Founded: April 10, 1845 CEO: Bill Demchak

Historical Background

Though PNC Bank’s modern structure dates to 1983, both predecessor institutions have histories stretching back well over a century. Provident National Corporation played a significant role in serving communities throughout the Mid-Atlantic—especially the greater Philadelphia region. Pittsburgh National Corporation, meanwhile, helped fuel economic growth in Pittsburgh and the broader industrial areas of the Appalachian and Midwest regions.

Their merger created a stronger, more diversified financial institution with deep roots across Pennsylvania and surrounding states.

PNC Bank Today

PNC has grown into one of the largest consumer and commercial banks in the country. The bank offers a broad range of services, including personal banking, small-business banking, corporate lending, and treasury management. Unlike some major competitors with extensive international operations, PNC is entirely focused on the U.S. market—its assets, deposits, and lending activities are all domestic.

With more than 2,600 branches and a strong presence across multiple states, PNC continues to be a leading choice for individuals and businesses seeking dependable financial services.

7. Truist Bank

Truist Bank is the newest major financial institution on this list, formed through the 2019 merger of two long-established Southern banks—BB&T and SunTrust. Although Truist itself is relatively young, its predecessor institutions have histories dating back more than a century, each having grown steadily through regional expansion and strategic acquisitions.

Assets: $532 billion Total Asset Value: $532 billion Headquarters: Charlotte, North Carolina (charter) & Atlanta, Georgia (executive) Domestic Asset Percentage: 100% Branch Count: 2,117 branches Founded: December 6, 2019 CEO: Bill Rogers

Historical Background

BB&T, originally based in North Carolina, was a major force in commercial and consumer banking across the Southeast. The company expanded significantly during the 1990s and 2000s, especially after its 1997 “merger of equals” with Southern National Bank. Over the years, BB&T absorbed a variety of institutions, including One Valley Bancorp, MidAmerica Bancorp, and Main Street Banks.

SunTrust Banks, headquartered in Georgia and Florida, built its presence through a series of acquisitions as well. While it grew its consumer banking footprint, many of its largest deals involved investment and asset-management firms rather than traditional deposit banks.

Truist Bank Today

The combination of BB&T and SunTrust created one of the largest banks in the southeastern United States. Truist now offers a broad suite of services spanning personal banking, commercial lending, wealth management, and digital financial tools. With a fully domestic asset base and more than 2,000 branches, the bank continues to strengthen its presence across the region.

8. Goldman Sachs

Goldman Sachs began its journey in 1869, building its reputation by specializing in “commercial paper,” a form of short-term lending for businesses that needed quick access to capital. Over the decades, the company expanded far beyond its early niche, transforming into one of the world’s leading investment banks with a strong global presence.

Assets: $502 billion Total Asset Value: $502 billion Headquarters: New York, New York Domestic Asset Percentage: 87% Branch Count: 2 branches Founded: 1869 CEO: David M. Solomon

Historical Background

Unlike many traditional U.S. banks, Goldman Sachs evolved with a sharper focus on corporate finance and capital markets. Founder Marcus Goldman introduced commercial paper financing, a groundbreaking solution at the time, helping companies secure short-term loans more efficiently. By 1896, Goldman Sachs had gone public and began expanding into other major U.S. cities, earning a strong reputation within the business community.

Goldman Sachs Today

Although the bank has diversified its services, Goldman Sachs remains heavily oriented toward institutional and high-finance clients. Its core business lines include investment banking, securities trading, asset management, and corporate advisory services.

The company’s consumer footprint is intentionally limited, reflected by its small number of physical branches. Under the Marcus brand, Goldman Sachs has entered the retail banking space with products like savings accounts and personal loans—but consumer banking remains only a small part of its overall strategy.

9. TD Bank

TD Bank is one of the largest banks in the eastern United States, though its roots trace back to Canada. The bank expanded aggressively into the U.S. market during the mid-2000s by acquiring Banknorth and Commerce Bank, giving it a strong regional footprint with more than 1,000 branch locations and one of the largest ATM networks in the region.

Assets: $405 billion Total Asset Value: $405 billion Headquarters: Wilmington, Delaware Domestic Asset Percentage: 100% Branch Count: 1,159 branches Founded: February 1, 1955 CEO: Leo Salom

Historical Background

The name TD stands for Toronto-Dominion, reflecting the bank’s origins as one of Canada’s largest and most influential financial institutions. For decades, the company played a major role in commercial lending, wealth management, and brokerage services across Canada.

TD Bank’s U.S. presence grew significantly in 1996 when it acquired Waterhouse Investor Services, a move that later positioned the company as a dominant force in discount brokerage through TD Ameritrade. Anyone who has invested through TD Ameritrade or its successor under Charles Schwab has indirectly interacted with TD Bank’s financial ecosystem.

TD Bank in the United States

TD’s U.S. deposit operations began to take shape in the 2000s. The bank purchased Banknorth in 2005 and Commerce Bank in 2007, expanding its reach across the Northeast, Mid-Atlantic, and parts of the Southeast. These acquisitions added more than 1,000 branches and helped TD Bank establish itself as a major regional institution known for extended branch hours and customer-friendly services.

Today, TD Bank is fully focused on the U.S. market on the retail side, with all of its listed assets held domestically.

10. Morgan Stanley

Morgan Stanley is one of the most influential names in global finance, and its origin story is directly tied to the landmark Glass–Steagall Act of the 1930s. Because the act required major banks to separate their commercial and investment banking services, several former J.P. Morgan partners created Morgan Stanley to continue the investment banking arm independently.

Assets: $391 Billion

Quick Facts

Total Asset Value: $391 billion Headquarters:Purchase, New York & Salt Lake City, Utah Domestic Asset Percentage:100% Number of Branches: 0 Founded: September 5, 1935 CEO: James P. Gorman

Morgan Stanley entered the market with a built-in advantage—an experienced leadership team and access to an established client base. In its very first year, the firm captured roughly 25% of all U.S. IPOs and private placements, instantly establishing itself as a dominant investment banking force.

Over the decades, Morgan Stanley has expanded its services while staying true to its Wall Street roots. Today, the firm operates in three major segments:

Investment Banking – advisory, underwriting, capital markets

Investment Management – institutional and retail investment solutions

Wealth Management (Private Banking) – one of the largest financial advisory networks in the world

For practical purposes, the asset figure listed here combines the totals of Morgan Stanley’s two primary subsidiaries, giving a clear picture of the institution’s overall financial strength.

11. Capital One Bank

Capital One Bank stands out as the only major U.S. financial institution still run by its original founder. Richard Fairbank, who launched the bank in 1994, continues to serve as its chairman and CEO. His unconventional approach to consumer banking and credit products has helped Capital One grow into a dominant force in online finance and the credit card market.

Assets: $388 Billion

Quick Facts

Total Asset Value: $388 billion Headquarters: McLean, Virginia Domestic Asset Percentage: 100% Number of Branches: 296 Founded: July 21, 1994 CEO: Richard Fairbank

Capital One has always operated with a startup-like mindset—lean, innovative, and tech-forward. Unlike other big banks on this list, it wasn’t built through decades of mergers and acquisitions. Instead, it entered the market with a clear mission: to provide flexible, accessible banking solutions without relying heavily on traditional branch networks.

Long before digital banking became mainstream, Capital One emphasized remote and mobile-friendly financial services. This early focus on convenience and technology set the stage for the bank’s credit card success, which remains its most recognizable product line today.

In addition to its credit card leadership, Capital One is a strong competitor in:

Online savings and checking accounts

Small-business banking

Auto loans

Commercial and corporate lending

Capital One still operates relatively few traditional branches, but its expanding network of Capital One Cafés blends banking with a more relaxed, community-driven environment, offering basic services in a modern, approachable setting.

12. BNY Mellon

BNY Mellon operates much more like a “banker’s bank” than a traditional consumer institution—similar to Goldman Sachs. And that model works exceptionally well for the company, which stands today as the world’s largest securities services provider.

Assets: $365 Billion

Quick Facts

Total Asset Value: $365 billion Headquarters: New York, New York Domestic Asset Percentage: 71% Number of Branches: 2 Founded" July 1, 2007 CEO: Todd Gibbons

BNY Mellon isn’t designed for everyday consumers—and that’s by design. Its primary role in the global financial system revolves around custody banking, asset servicing, and institutional solutions that support corporations, governments, and major investment firms. Its scale and expertise have positioned it as a critical backbone of global finance.

The bank’s modern structure was formed in 2007, when the Bank of New York and Mellon Financial Corporation merged—two institutions with deep roots in American financial history.

The Bank of New York, founded in 1784, was created by none other than Alexander Hamilton—yes, the same Hamilton who helped design the U.S. financial system and later inspired a Broadway phenomenon.

Mellon Financial Corporation traces its lineage to T. Mellon & Sons Bank, founded in Pittsburgh by Thomas Mellon, whose family name is now tied to Carnegie Mellon University, one of the top research institutions in the world.

These two historic forces combined to form the BNY Mellon we know today: a global leader in asset custody, wealth management, and financial infrastructure.

13. State Street

State Street operates primarily behind the scenes, focusing on custodial services and investment management, much like Goldman Sachs and BNY Mellon. If you invest in ETFs or mutual funds, there’s a good chance State Street plays a role in managing your assets.

Assets: $296 Billion

Quick Facts

Total Asset Value: $296 billion Headquarters: Boston, Massachusetts Domestic Asset Percentage: 69% Number of Branches: 2 Founded: 1792 CEO: Ronald P. O’Hanley

Founded in 1792, State Street is one of the oldest continuously operating financial institutions in the United States. During the 19th and early 20th centuries, the bank thrived alongside Boston’s maritime and industrial growth, becoming a significant player in New England’s retail banking market. In 1999, State Street exited consumer banking by selling its branches and related assets to Citizens Bank, allowing it to focus entirely on institutional clients. 

Today, State Street is best known for its investment products. Alongside companies like Vanguard, it is a leader in low-cost ETFs and mutual funds, with a strong emphasis on index funds that track market performance rather than attempt to outperform it. The bank’s scale and systemic importance have earned it recognition as a systemically important financial institution by the international Financial Stability Board—essentially marking it as “too big to fail.”

14. Citizens Bank

Citizens Bank has a long history of serving consumers and businesses in the Northeast, particularly Rhode Island, where it was founded nearly 200 years ago. Over the decades, it evolved from a regional bank into a major financial institution across the eastern United States.

Assets: $227 Billion

Quick Facts

Total Asset Value: $227 billion Headquarters: Providence, Rhode Island Domestic Asset Percentage: 100% Number of Branches: 1,165 Founded: 1828 CEO: Bruce Van Saun

Originally established as High Street Bank in 1828, Citizens Bank remained a relatively modest regional player for more than a century. Its growth trajectory changed dramatically in 1988 when it was acquired by the Royal Bank of Scotland Group, which set the stage for an ambitious expansion strategy.

Through a series of acquisitions and regional expansions, Citizens Bank became one of the largest banks in the Northeast by the early 2000s. Despite facing challenges during the financial crisis, including some legal and financial hurdles, the bank has continued to strengthen its presence.

Today, Citizens Bank operates over 1,000 branches and more than 3,000 ATMs across the eastern United States, serving millions of consumers and businesses with personal banking, commercial lending, and wealth management services.

15. Silicon Valley Bank

Silicon Valley Bank (SVB) is one of the most influential banks in the U.S. tech ecosystem, even if the average person has never heard of it. The bank plays a critical role in funding high-growth technology companies, venture capital firms, and startups, making it a cornerstone of America’s innovation economy.

Assets: $212 Billion

Quick Facts

Total Asset Value: $212 billion Headquarters: Santa Clara, California Domestic Asset Percentage: 94% Number of Branches: 16 Founded: 1983 CEO: Gregory W. Becker

Historical Background

Founded in the early 1980s, Silicon Valley Bank was established to support the emerging tech sector in its namesake region. Its goal was to provide specialized financial services that traditional banks often could not, including venture financing and tailored lending for startups.

Silicon Valley Bank Today

SVB operates through four main divisions:

Commercial Banking – supporting tech companies with lending and deposits

Investment Banking – advisory and capital-raising services

Venture Capital Banking – partnerships with top VC firms

Private Banking & Wealth Management – services for high-net-worth clients

The bank has backed some of the world’s most successful technology companies, including Shopify, Teladoc, and top venture firms like Andreessen Horowitz. While it primarily serves entrepreneurs, investors, and high-net-worth individuals, SVB’s influence extends across the entire innovation economy—even for those who never interact with it directly.

16. Fifth Third Bank

Fifth Third Bank has a long-standing history in the American Midwest, tracing its origins to 1858 as the Bank of the Ohio Valley in Cincinnati. Over the decades, a series of mergers and reorganizations led to the creation of the Fifth Third Union Trust Company in 1927, shaping the bank into the institution it is today.

Assets: $206 Billion

Quick Facts

Total Asset Value: $206 billion Headquarters: Cincinnati, Ohio Domestic Asset Percentage: 100% Number of Branches: 1,097 Founded: June 17, 1858 CEO: Greg D. Carmichael

Historical Background

Fifth Third Bank strengthened its presence in the Ohio Valley throughout the early 20th century and later expanded across the Midwest and Southeast. The bank has been an early adopter of innovative banking technology, including the JEANIE ATM, one of the first automated teller machines, and the country’s first shared ATM network.

Fifth Third Bank Today

Currently, Fifth Third Bank operates hundreds of branches from Florida to Michigan, serving millions of consumers and businesses. Its services include retail banking, commercial lending, and digital financial solutions, making it a key regional player with a strong domestic focus. 

17. M&T Bank

M&T Bank has grown from its industrial-era origins in Buffalo, New York, to become a major regional bank serving millions of customers across the Northeast and Mid-Atlantic. The bank is widely recognized for its community presence, including the naming rights to M&T Bank Stadium, home of the NFL’s Baltimore Ravens.

Assets: $204 Billion

Quick Facts

Total Asset Value: $204 billion Headquarters: Buffalo, New York Domestic Asset Percentage: 100% Number of Branches: 1,082 Founded: August 29, 1856 CEO: Rene F. Jones

Historical Background

Founded as the Manufacturers and Traders Trust Company in 1856, M&T Bank benefited from Buffalo’s rapid growth as a manufacturing and transportation hub. Its early success was closely tied to the economic expansion of the region.

Expansion and Growth

Even as Buffalo and other Rust Belt cities experienced decline in the latter half of the 20th century, M&T Bank pursued strategic growth. Starting in the 1980s, it acquired over 20 local and regional banks throughout the Northeast and Mid-Atlantic, solidifying its footprint as a major regional player.

M&T Bank Today

Today, M&T Bank operates more than 1,000 branches, providing a full suite of consumer banking, commercial lending, and small-business services. Its influence stretches from upstate New York to Virginia, making it a trusted institution for both individuals and businesses in the region.

18. First Republic Bank

First Republic Bank caters to high-net-worth clients across the United States, offering a specialized blend of consumer banking, business banking, and wealth management services. Its branch network is small but strategically located in affluent areas along the East and West coasts.

Assets: $198 Billion

Quick Facts

Total Asset Value: $198 billion Headquarters: San Francisco, California Domestic Asset Percentage: 100% Number of Branches: 72 Founded: July 1, 1985 CEO: Michael J. Roffler

Bank Overview

Founded in 1985, First Republic Bank focuses on serving clients with significant financial resources. Its limited branch network reflects a targeted approach rather than broad accessibility, concentrating on major cities in California, Oregon, New York, Connecticut, and Wyoming.

Services and Strategy

Unlike investment banks such as Morgan Stanley, First Republic is dedicated to private banking and wealth management. It has also expanded into private student lending, owning startups like Gradifi and CommonBond. This focus allows the bank to maintain a personalized, high-touch experience for its clientele while continuing to grow in niche markets.

19. KeyBank

KeyBank, headquartered in Cleveland, Ohio, serves millions of consumers and small businesses across the industrial Midwest and Northeast. With a broad network of branches and ATMs, it remains a major regional banking presence.

Assets: $185 Billion

Quick Facts

Total Asset Value: $185 billion Headquarters: Cleveland, Ohio Domestic Asset Percentage: 100% Number of Branches: 998 Founded: 1825 CEO: Christopher M. Gorman

Historical Background

KeyBank’s roots trace back to 1825, with one predecessor, Society National Bank, founded in Cleveland. It financed early skyscrapers in the city and steadily grew its deposits throughout the industrial Midwest. Initially focused on the Cleveland area, the bank began expanding in the late 1950s through a series of acquisitions.

Merger and Growth

The 1994 merger with New York-based KeyBank, originally the National Commercial Bank of Albany, created the modern KeyBank. Today, the institution operates nearly 1,000 branches and 100,000 fee-free ATMs, providing retail banking, commercial lending, and wealth management services across its service region.

20. Huntington Bank

Huntington Bank is a leading regional bank in the Midwest, known for its strong focus on consumer banking, small- and midsize business services, and SBA loan origination. Its branch network spans from Minnesota to West Virginia, making it one of the largest consumer banks in the region by branch count.

Assets: $178 Billion

Quick Facts

Total Asset Value: $178 billion Headquarters: Columbus, Ohio Domestic Asset Percentage: 100% Number of Branches: 1,104 Founded: 1866 CEO: Stephen D. Steinour

Historical Background

Huntington Bank was founded in 1866 by P.W. Huntington with a single branch in downtown Columbus, Ohio. Over the decades, it acquired several local competitors, establishing itself as the dominant retail bank in central Ohio.

Expansion and Growth

The bank steadily expanded throughout the 1960s and 1970s, first across Ohio and later into neighboring states. By the early 2000s, Huntington operated hundreds of branches across the Midwest. Its 2020 merger with Detroit-based TCF Bank further strengthened its presence, making Huntington one of the region’s largest and most influential financial institutions.

Today, Huntington continues to serve millions of customers, providing a comprehensive suite of banking services while maintaining a strong commitment to small business lending and community engagement.

Conclusion

The largest banks in the United States play a crucial role in shaping the country’s financial landscape. From global giants like JPMorgan Chase and Bank of America to regional powerhouses like Huntington Bank and M&T Bank, these institutions serve millions of consumers, small businesses, and corporations. While some focus on consumer banking and branch networks, others specialize in investment banking, wealth management, or niche markets like technology startups. 

Understanding these banks’ histories, asset sizes, and operational focuses provides insight into how the U.S. financial system functions. Whether you’re a consumer choosing a bank, an investor evaluating financial institutions, or simply curious about the industry, knowing the leaders in banking can help you make informed decisions.

From long-standing institutions dating back to the 18th century to modern banks built through mergers and innovation, these 20 banks highlight the diversity, scale, and influence of American banking today.

[globalfinmate]

Difference Between Credit Cards VS Cashback Cards

Credit cards have become an integral part of modern financial life. In Canada and across the world, millions of people rely on credit cards to manage expenses, build credit, and enjoy perks such as rewards, travel insurance, or fraud protection. However, within the broad category of credit cards, there are many subtypes, each designed to serve different purposes.

One of the most popular subtypes is the cashback credit card, which rewards you with a percentage of your spending returned as cash. While all cashback cards are credit cards, not every credit card offers cashback. The distinction between a general credit card and a cashback card is important for consumers who want to make the best financial choices.

This article provides a detailed comparison of credit cards and cashback cards, highlighting their definitions, features, similarities, differences, advantages, and disadvantages. By the end, you’ll have a clear understanding of which option might suit your financial goals best.

Difference between Credit Cards Vs Cashback Cards

What Is a Credit Card?

A credit card is a financial product issued by banks or financial institutions that allows you to borrow money up to a set credit limit. You can use it to make purchases, pay bills, or withdraw cash. Each month, the issuer sends you a statement showing your total balance, minimum payment, and due date.

If you pay your balance in full, you avoid paying interest. If you carry a balance, you’ll be charged interest at the card’s annual percentage rate (APR). Beyond basic borrowing, credit cards often come with features such as:

Fraud protection and liability coverage

Purchase protection and extended warranty

Access to credit-building opportunities

Potential rewards programs (points, miles, or cashback)

Travel-related benefits like rental car insurance or trip coverage

Credit cards are not one-size-fits-all. They can be basic (offering only credit access with no rewards) or premium (with annual fees and extensive benefits).

What Is a Cashback Card?

A cashback card is a specific type of credit card that rewards you for spending by giving you a percentage of your purchases back as cash. For example, if your cashback card offers 2% on groceries and you spend $500, you earn $10 in cashback.

The earned cashback is usually redeemable in several ways:

Statement credit to reduce your outstanding balance

Direct deposit into your bank account

Gift cards or vouchers through the card issuer’s platform

Charitable donations in some cases

Cashback cards appeal to people who value simplicity. Unlike points-based systems that require you to calculate redemption values, cashback has an obvious and direct benefit: money back in your pocket.

Advantages of Credit Cards

Variety of Options – Wide selection tailored for travel, low interest, balance transfers, or student use.

Premium Benefits – Travel insurance, extended warranties, and access to exclusive perks.

Loyalty Rewards – Some cards tie into travel programs or retail loyalty schemes.

Flexible Use – Not limited to just cashback; some cards let you earn transferable points.

Credit-Building Tool – Using a standard credit card responsibly builds your credit score.

Advantages of Cashback Cards

Simplicity – You always know how much you’re earning, without calculating point values.

Instant Value – Cashback directly reduces expenses or balances.

No Expiry in Many Cases – Rewards often don’t expire as long as the account remains active.

Good for Everyday Spending – Groceries, gas, and bills can consistently earn cashback.

No Fees in Many Options – Many cashback cards are no-fee, making them cost-effective.

Disadvantages of Regular Credit Cards

Annual Fees – Many premium cards charge yearly fees.

Complex Rewards – Travel points or miles can be confusing to redeem.

High Interest – Carrying a balance leads to costly interest charges.

Temptation to Overspend – Access to credit can encourage unnecessary purchases.

Perks May Be Underused – If you don’t travel often, you might not use premium benefits.

Disadvantages of Cashback Cards

Lower Rewards Ceiling – Cashback rates are modest compared to premium travel points cards.

Limited Categories – Bonus cashback usually applies to only certain categories.

Foreign Transaction Fees – Most cashback cards charge fees on international purchases.

No Premium Perks – Travel insurance and luxury benefits are often excluded.

Interest Still Applies – Carrying balances can erase any cashback earned.

FAQs

Q1. Is every cashback card a credit card? Yes. Cashback cards are a type of credit card designed with cashback rewards.

Q2. Which builds credit faster — regular or cashback cards? Both build credit equally, provided you use them responsibly.

Q3. Are cashback cards worth it? Yes, especially for people who want simple rewards without annual fees.

Q4. Can I have both? Absolutely. Many people carry a cashback card for everyday spending and another credit card for travel or premium perks.

Conclusion

Credit cards and cashback cards share the same foundation, but they serve different purposes. A regular credit card may focus on access to credit, premium travel perks, or loyalty programs, while a cashback card emphasizes simple, direct savings.

Choosing between them depends on your spending habits and financial goals. If you value premium perks, loyalty points, or travel rewards, a standard rewards credit card may serve you best. If you prefer clarity, simplicity, and guaranteed savings, a cashback card is the smarter option.

Ultimately, both can be powerful financial tools if used responsibly. The key is aligning your card choice with how you spend and what benefits matter most to you.

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How to Start Investing

Investing can be a way to take control of your financial future and grow your wealth over time.

You can build a better financial future in 2025 by focusing on retirement accounts and investment funds, balancing long- and short-term investments and continuing to learn.

Your financial journey can start with as little as $1. Saving early and often can have a bigger impact than how much you save initially thanks to compound interest.

Investing in the financial markets might sound like one of the scariest parts of managing your finances, but it’s also potentially the most rewarding. While major declines in the market can be frightening, investing is one of the few ways to outpace inflation and grow your purchasing power over time. A savings account just won’t build wealth.

That makes investing one of the best things that Americans of any age can do to get on the road toward financial well-being.

With all the optimism surrounding the new year, here’s how you can start investing in 2025 and enjoy the returns that can build you a better financial future.

How to start investing: 6 ways to take action

1. Look into retirement accounts

For many people, the best place to begin is your employer-sponsored retirement plan – likely a 401(k) – offered through your employer’s benefits package.

In a 401(k) plan, the money you contribute each paycheck will grow tax-free until you begin withdrawals upon reaching retirement age. Many employers even offer matching contributions up to a certain percentage for employees who participate in their sponsored plans.

These plans have other benefits, too, depending on which type of 401(k) plan you choose:

A traditional 401(k) allows you to deduct your contributions from your paycheck so that you don’t pay taxes on it today, only when you withdraw the money later.

A Roth 401(k) allows you to withdraw your money tax-free – after years of gains – but you have to pay tax on contributions.

The logistics of a 401(k) can be confusing, especially for recent grads or those who have never contributed. Look to your employer for guidance. Your plan’s administrator – which is sometimes a big broker such as Fidelity, Charles Schwab or Vanguard – may offer tools and planning resources, helping you educate yourself on good investing practices and the options available in the 401(k) plan.

If your employer doesn’t offer a 401(k) plan, you’re a non-traditional worker, or you simply want to contribute more, consider opening a traditional IRA or Roth IRA.

A traditional IRA is similar to a 401(k): You put money in pre-tax, let it grow over time and pay taxes when you withdraw it in retirement.

With a Roth IRA, on the other hand, you invest after-tax income and then the money grows tax-free and is not taxed upon withdrawal.

There are also specialized retirement accounts for self-employed workers. The IRS limits the amount you can add to each of these accounts annually, so be sure to stay within these rules:

For 2025, the contribution limit is set at $23,500 for 401(k) accounts (before employer match) and $7,000 for an IRA.

Older workers (those over age 50) can add an another $7,500 to a 401(k) as a catch-up contribution, while an IRA allows an additional $1,000 contribution.

2. Use investment funds to reduce risk

Risk tolerance is one of the first things you should consider when you start investing. When markets decline as they did in 2022, many investors flee. But long-term investors often see such downturns as a chance to buy stocks at a discounted price. 

Investors who can weather such downturns may enjoy the market’s average annual return – about 10 percent historically. But you have to be able to stay in the market when things get rough.

To reduce your risk as a long-term investor, it all comes down to diversification. You can be more aggressive in your allocation to stocks when you’re young and your withdrawal date is distant. 

As you inch closer to retirement or the date you’re looking to withdraw from your accounts, start scaling back your risk. Your diversification should grow more conservative over time so you don’t risk major losses in a market downturn. 

Investors can reduce risk and get a diversified portfolio quickly and easily with these two investment options.

Index fund: Instead of trying to actively pick stocks, an index fund passively owns all the stocks in an index. By owning a wide swath of companies, investors avoid the risk of investing in one or two individual stocks, though they won’t eliminate all the risk that comes from stock investing. Index funds are a staple choice in 401(k) plans, so you should have no trouble finding one in yours.

Target-date fund: These “set it and forget it” funds automatically adjust your assets to a more conservative mix as you approach retirement. Typically, target-date funds move from a higher concentration of stocks to a more bond-focused portfolio as you approach your date. 

3. Understand your investment options

A brokerage account gives you many new investment opportunities, including these assets.

4. Balance long-term and short-term investments

Your time frame can change which types of accounts and investments are most effective for you. 

Short-term investments: If you’re focusing on short-term investments – those you can access within the next five years – money market accounts, high-yield savings accounts and certificates of deposit will be the most useful. These accounts are insured by the FDIC, so your money is going to be there when you need it. Your return won’t usually be as high as long-term investments, but it’s safer in the short term.

Long-term investments: The stock market is an ideal vehicle for long-term investments, however, and can bring you great returns over time. Whether you’re saving for retirement, looking to buy a house in 10 years or preparing to pay your child’s college tuition, you have a variety of options – index funds, mutual funds and exchange-traded funds all offer stocks, bonds or both.

Getting started is easier than ever with the rise of online brokerage accounts designed to fit your personal needs. It’s never been cheaper to invest in stocks or funds, with brokers slashing commissions to zero and fund companies continuing to cut their management fees. You can even hire a robo-advisor for a very reasonable fee to pick the investments for you.

5. Don’t fall for easy mistakes

The first common mistake new investors make is being too involved. Research shows that passive funds outperform actively traded funds. Your money will grow more and you’ll have peace of mind if you keep yourself from checking (or changing) your accounts more than a few times each year.

Another danger is failing to use your accounts as they’re intended. Retirement accounts such as 401(k) and IRAs offer tax and investing advantages but specifically for retirement. Use them for almost anything else, and you’re likely to get stuck with taxes and an additional penalty.

While you may be allowed to take out a loan from your 401(k), not only do you lose the gains that money could be earning, but you also must pay the loan back within five years (unless it’s used to purchase a home) or you’ll pay a 10 percent penalty on the outstanding balance. There are some exceptions to the 10 percent penalty, however.

Your retirement account is meant to be used for retirement, so if you’re using it for another purpose, you’ll want to stop and ask yourself whether that expense is truly necessary.

6. Keep learning and saving

The good news is you’re already working on one of the best ways to get started: educating yourself. Take in all the reputable information you can find about investing, including books, online articles, experts on social media and even YouTube videos. There are great resources available to help you find the investing strategy and philosophy that’s right for you.

You can also seek out a financial advisor who will work with you to set financial goals and personalize your journey. As you search for an advisor, you want to look for one who is looking out for your best interest. Ask them questions about their recommendations, confirm that they are a fiduciary acting in your best interest and make sure you understand their payment plan, so you’re not hit by any hidden fees.

Generally, you’re going to have the least conflicts of interest from a fee-only fiduciary – one whom you pay, rather than being paid by the big financial companies.

Why investing is so important

Investing is the most effective way Americans can build their wealth and save for long-term goals like retirement. Or paying for college. Or buying a house. And the list goes on.

The sooner you begin investing, the sooner you can take advantage of compounding gains, allowing the money you put into your account to grow more rapidly over time. Compounding occurs when you earn profits on your investments, and then those profits are also used to earn more profits. 

Think of compounding like a snowball rolling down a hill. As the snowball rolls, it collects more snow and gets larger. Likewise, just $1,000 invested in the S&P 500 — which historically averages 10 percent annual returns — could grow to more than $45,000 over 40 years.

In other words, your money earns more money over time — without you doing anything. You’re looking for your investments to grow enough to not only keep up with inflation, but to actually outpace it, to ensure your future financial security. If your gains exceed inflation, you’ll increase your purchasing power over time.

How much money do I need to start investing?

There’s no minimum when it comes to getting started with investing. You can begin your journey with any amount, even as little as $1, thanks to low or no-minimum brokerage accounts and the availability of fractional shares. However, before you start investing, it’s crucial to evaluate your financial situation, establish a solid emergency fund, and ensure your debt is manageable.

When it comes to retirement, the recommendation is to start as early as possible, even if it’s with small amounts, and aim to save around 10 percent to 15 percent of your income. For non-retirement investments, ensure you’re in a stable financial position and ready to handle the inherent risks of investing.

FAQs

1. How much money do I need to start investing? You can start investing with as little as $1, thanks to brokerage accounts that allow fractional shares. While there’s no strict minimum, it’s best to have an emergency fund and manageable debt before you begin.

2. Is it better to invest in a 401(k), IRA, or brokerage account first? If your employer offers a 401(k) with matching contributions, that’s usually the best place to start. After that, consider an IRA for additional retirement savings. A brokerage account is best for non-retirement investing goals.

3. What’s the difference between a traditional and Roth account?

Traditional 401(k)/IRA: Contributions are pre-tax, and you’ll pay taxes when you withdraw in retirement.

Roth 401(k)/IRA: Contributions are made with after-tax money, but withdrawals (including gains) are tax-free in retirement.

4. Are stocks too risky for beginners? Stocks can be volatile in the short term but offer high returns in the long term. Beginners can reduce risk by investing in index funds, ETFs, or mutual funds rather than picking individual stocks.

5. What’s the safest investment option for the short term? For short-term goals (under 5 years), consider money market accounts, high-yield savings accounts, or certificates of deposit (CDs). These are FDIC-insured and carry less risk.

6. How do I choose between mutual funds and ETFs? Both provide diversification. Mutual funds are professionally managed but usually come with higher fees. ETFs typically have lower costs and can be traded like stocks during the day.

7. What is compounding and why does it matter? Compounding occurs when your investment earnings generate more earnings over time. The earlier you start investing, the more you benefit from compounding growth.

8. Should I hire a financial advisor to start investing? Not necessarily. Many beginners start with online brokers or robo-advisors. If you want personalized guidance, look for a fee-only fiduciary who acts in your best interest.

9. How can I avoid common investing mistakes? Don’t panic-sell during market downturns, avoid trying to time the market, and use retirement accounts for their intended purpose. Focus on long-term growth and consistency.

10. Is now (2025) a good time to start investing? Yes. The best time to invest is as early as possible. Even with market ups and downs, staying invested long-term has historically delivered solid returns.

Conclusion

Investing doesn’t have to be complicated. By starting small, focusing on your goals, and choosing the right mix of stocks, bonds, mutual funds, or ETFs, you can build long-term wealth with confidence. Remember, consistency matters more than timing the market—so the best step you can take is to get started today and let compounding work in your favor.