Just checking in â and bringing more tips and info to help you keep your finances on track
[The Penny Hoarder]
DAILY
March 17, 2020
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Hey Penny Hoarders,
Weâve been talking a lot about the thing at the forefront of everyoneâs minds: COVID-19. But finances donât come to a screeching halt just because ânormalâ life does â so weâre going to continue to bring you our regular money-related content, too. Today, weâre talking about a little bit of both, including how gig companies are responding to the current epidemic and one stock pick that The Motley Fool predicts will dominate during a coming industry boom.
[Make Money](
Gig Companies Respond to the Coronavirus. Hereâs What Workers Can Expect
The coronavirus is sowing major uncertainty in the gig economy, and a lot of people are worried about what will happen if theyâre left without their gig income. Typically, gig workers donât receive benefits â including sick leave â because theyâre technically classified as independent contractors. And because of the very nature of gig services, they canât simply bring their work home with them. Recently, though, some well-known gig companies have announced changes to their policies and app features that are aimed at curbing the spread of illnesses. Hereâs what gig workers can expect.
[Read Now](
Bankinâ On It
Need a new bank account? Lots of banks offer sign-up bonuses. Theyâre not always advertised, but we did some digging for you: Here are [10 of the best bank bonuses and promotions]( we could find for March 2020.
[Save Money](
[These 9 Pantry Essentials Will Let You Cook Practically Anything](
by Jen Smith
Did You Know?
Did you know we have an entire work-from-home jobs portal where you can go to find a list of remote jobs that are currently open? Well, now you know! [Check out our work-from-home jobs portal here]( and see if thereâs a job thatâs right for you.
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[The Motley Fool](
Somethinâ To Brag About
Everybody gets to brag a little here and there. Maybe you ran a marathon, or wrote a book. Maybe you didnât hit snooze for an entire week. Maybe you baked a cake.
Or maybe, way back in 2012, you predicted that Tesla would be a great investment â one that would, in time, see a 1,682% gain. Oh no wait â that was The Motley Fool.
Now, [The Motley Fool]( (you know, that site that offers honest, straightforward research on all things investing and stocks) has a new stock pick from a little-known company that it thinks will dominate the coming 5G industry boom with its unique business model and technology. And you can get the exclusive new stock pick for free (yep, free) when you sign up for Stock Advisor today.
Over the last 16 years, The Motley Fool Stock Advisorâs average stock pick has returned 324% (returns as of Oct. 11, 2019). Thatâs more than four times better than the S&P 500 â the index (or âbasketâ of stocks) thatâs considered the best indicator of how large U.S. stocks are performing. Now, The Motley Fool is keeping a close eye on the 5G industry and what it predicts will be [a host of new wealth-building opportunities](. So donât wait too long â when it comes to investing, time is your greatest tool.
[The Motley Fool](
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Today's Quick Picks
- Feeling stuck? The first step toward getting yourself out of the paycheck-to-paycheck cycle is to build up a little financial cushion. Letâs call it your emergency fund. [Howâs $1,000 sound](
- Car sharing made easy: With Turoâs online car sharing marketplace, you can book a rental car alternative or earn money sharing your own car. [Hereâs how it works](.
Word of the Day
Spousal IRA (n): An individual retirement account you may be able to fund if youâre married, even if you earn little to no income. When youâre not officially employed (like when youâre a stay-at-home parent), your options for funding a retirement account are limited. But weâre guessing youâre going to want to retire someday â and thatâs where a spousal IRA comes in. Of course, there are a few rules you should be aware of, [which is why weâre breaking down everything you need to know about this alternative type of retirement account](.
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