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Quick Takes

Money Knack's Quick Takes offers bite-sized updates on important financial events, trends, and insightful tips. See All Quick Takes

Recent Articles

Make the Most of Employee Benefits

Make the Most of Employee Benefits

March 2023

People focus on obvious benefits like health insurance and time off but employers may offer lesser-known benefits which could make a difference in your work-life balance and overall job satisfaction. Even those who have been with their company for some time may not be aware of all the benefits available to them. Let's review some of the benefits your employer may offer that you might be overlooking.
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Game On: How The Sandbox is Changing the Way We Play (and Profit)

Game On: How The Sandbox is Changing the Way We Play (and Profit)

February 2023

The Sandbox is a virtual world where making money and having fun go hand-in-hand and where virtual real estate meets real profits. Learn about this virtual gaming platform and decentralized gaming metaverse built on blockchain.
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What Is Lifestyle Creep and How Can You Prevent It

What Is Lifestyle Creep and How Can You Prevent It

February 2023

Have you ever noticed that the more money you make, the more you tend to spend? This phenomenon, known as lifestyle creep, can derail your financial dreams and prevent you from achieving long-term financial stability. Let's explore what lifestyle creep is and how it can be prevented.
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How to Save Money on Gas

How to Save Money on Gas

February 2023

Gas prices got you down? Don't fret. From fuel-efficient driving tips to cash-back rewards apps, there are plenty of ways to fuel up for less. Get ready to pump up your savings with these simple and savvy strategies.
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The Hidden Costs of Investing: How Fees Can Devour Your Returns

The Hidden Costs of Investing: How Fees Can Devour Your Returns

February 2023

All our focus is on the returns we can earn when choosing an investment. But we often forget to be mindful of the costs that accompany all investment options and neglect the impact of the costs of borrowing money. The insidiousness of fees is that they look insignificant at first but they can devour your returns.
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Investment FOMO: How to Avoid Falling Victim to Hasty Financial Decisions

Investment FOMO: How to Avoid Falling Victim to Hasty Financial Decisions

January 2023

We have all experienced FOMO at some point, whether related to a social event, a sale, or a new product that we did not want to miss. It's a powerful and pervasive feeling that can be difficult to control. But when you need to make financial decisions, you should use all of your willpower to resist it.
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How to Avoid Taxes Legally

How to Avoid Taxes Legally

January 2023

Welcome to the world of tax strategy - the world where the difference between tax avoidance and tax evasion is the difference between being a money-wise person and a criminal. Let's explore the legitimate ways to reduce your taxes so you can keep more of your hard-earned money in your pocket.
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Hobbies That Make Money

Hobbies That Make Money

January 2023

Hobbies should bring joy and fulfillment, not make a profit. However, it's certainly a bonus if your passion can also put some money in your pocket.
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Free and Paid Tax Preparation Software

Free and Paid Tax Preparation Software

January 2023

It's that time of year again when we must grapple with the daunting task of preparing our taxes. While hiring an accountant may seem like the easiest solution, it's not always the most economical choice.
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What to Invest In: What Is the Best Investment?

What to Invest In: What Is the Best Investment?

December 2022

The goal of investing is clear - to have our money make more money in the safest way possible. The only thing to do is find the best investment that satisfies these requirements. Let's go over the most popular investment options, see how risky they are and what kind of returns you can expect from each one.
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