John Hughes

John Hughes is a content writer and digital marketing strategist that also has a strong background in finance. His unique background allows him to bring something special to the table by sharing knowledgeably where technology and money intercept. He shares his incite and information with the Wallet on Fire community to help move the mission of the company forward.

Why are you giving advice on Wallet on Fire?

We all go to school and learn all the fancy stuff, but forget about financial literacy. Our relationships with money are varied and with a little knowledge and insight, we can improve this and lead better lives. My passion for this niche was triggered when I learnt that I've been doing it wrong, and took a few learnings from some of the top financial literature, only to see my life take a turn for the better.

What is your favorite credit card?

I'm not a big fan of credit cards but my best has to be the Chase Sapphire Preferred Card.

What is one piece of advice you'd give people that want to get their finances under control?

Start with the basics, as it is not rocket science. Understand that financial behavior is mainly emotional and not logical, so find a way of keeping this in check. Have goals, both short term, and long term and understand something has to give way, if you're to achieve these goals. Lastly, leverage time, especially if you're young and don't miss out on the fantastic power of compounding.

CIT Bank vs Marcus: Which Online Bank Best Suits Your Needs?

CIT Bank vs Marcus; Which Of These Two Online Banks Best Suits Your Needs?

The banking industry is known for its strong customer loyalty. This is because customers prefer to stick to a single bank until something tragic happens and forces them to shift. Well, this has been in place when traditional banks were the dominant players, but online banks are changing things in this industry.

They have impressive offerings that will even tempt the most loyal customers. This is partly because they have little overhead costs, which allows them to offer cheaper services and better rates. The threat has been tremendous to the point that traditional banking giants have been forced to incorporate online services to counter the offerings by these online banks.

If you are looking for a dependable online bank, you have a couple of options to look at. Here, we will review two notable ones; CIT Bank and Mar

CIT Bank vs Synchrony Bank; Which is The Best Online Bank for You?

Online banks continue to give traditional ones a race for their money. They have attracted a lot of customers thanks to their better rates and improved services. We live in a digital era, and people no longer relish going to traditional bank halls for transactions.

The enhanced access to the internet and the rate at which people embrace smart gadgets have changed the perception of many banking customers, as they have realized that they can do all they used to do at the comfort of their home.

But how do these banks manage to offer better rates to customers and surpass the traditional banking players?

It all goes down to their business structure and what they focus on.

Traditional banks spend millions on maintaining their brank branches and sustaining their employees. This amount is spread out to the customers in the form of account charges and reduced rates. In their defense, they need to get this m

Personal Capital vs Betterment: Which Is The Best Investment Management Service?

Personal Capital vs Betterment; Which Is The Best Investment Management Service?

In recent years, online investment platforms have become extremely popular. This is due to how these platforms consolidate various investment and financial services in a single website or mobile application, making it easy for clients. However, it is challenging to nail down a specific platform for those who seek one that will work best for them.

The best way to go about this is to compare all the top options and dig deep into their features for you to make an informed decision. In this piece, we will look at two top platforms; Personal Capital and Betterment and try to establish the best one for your needs. Read o