Category: Financial Advice

A Future without Contact Modest Money6 Comments

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We’ve seen it in the movies, we’ve read about it in books, but paying for items with just a tap of your phone is now a real and viable option in modern day times. The world of NFC (Near Field Communication) is rapidly expanding and changing with each year, and now another floor has been added to the growing tower block, in the form of the Apple’s latest feature: Apple Pay.

Following in the footsteps of Google Wallet and PayPal, Apple Pay will be available on the new iPhone 6 next month and eventually the Apple Watch. NFC is not exactly a brand new and innovative feature, but the fact that it’s now accessible on such a popular platform as the iPhone 6, is bound to be a game-changer in shops, supermarkets and bars around the world.

For the uninitiated, NFC works by sending encrypted radio signals with payment data and is widely believed to be even safer than using a conventional credit card. The reason is because your credit card number isn’t stored or shared with vendors, so to combat phone hacking, a one-time transaction and CVV code is created and approved by the bank for every purchase…

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This entry was posted in Financial Advice, and tagged Modest Money6 Comments
By : Adam | 24 Sep 2014
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Five Tips to Welcome Your First Baby

By : Adam | 23 Sep 2014

There are few things in life as exciting as preparing to bring a new life into this world. While the web is awash with advice for new parents for things to do and not to do, there are some tried and true things you can …

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More Ways to Save Money Moving

By : Adam | 23 Sep 2014

We’ve already talked about a few of the things that you can do to save money when you’re moving. That was a while, ago, though, so we thought it that–since that first post went over well–it might be nice to revisit the topic. So! Without …

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Importance of Planning for the Unexpected

By : Jeremy Biberdorf | 17 Sep 2014

It would be nice if life went exactly as we planned it. Everything would go smoothly and we’d reach our goals without any hiccups. Really though, that just doesn’t happen. Regardless of how hard we work towards our goals, something is bound to come up. …

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6 Things You Need to Know About Making a Will

By : Adam | 8 Sep 2014

Scarily, according to Which?, one in three people die without having created a Will. Making a Will is one of the most serious commitments anyone can engage in, and it is important to have access to all the correct information to ensure that no mistakes …

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Using Your Financial Savvy to Help Others

By : Adam | 1 Sep 2014

People feel a major sense of accomplishment when they overcome a big financial hurdle. When they’ve eliminated piles of debt, started saving money for retirement, launched their own businesses, or made great real estate investments, they often look for ways to share the secrets of …

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Money Advice for the Poor

By : Adam | 8 Aug 2014

Most financial advice is written for people who already have money. Not the wealthy, but people who actually have disposable incomes. With a few adjustments, they can follow sage financial advice like saving a certain percentage of their income each month, or cutting extraneous expenses …

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