Tom Serrano

Thomas "Tom" Serrano, is a proud Cuban-American dad from Miami, Florida. He's renowned for his expertise in technology and its intersection with business. Having graduated with a Bachelor's degree in Computer Science from the East Florida, Tom has an ingrained understanding of the digital landscape and business.Initially starting his career as a software engineer, Tom soon discovered his affinity for the nexus between technology and business. This led him to transition into a Product Manager role at a major Silicon Valley tech firm, where he led projects focused on leveraging technology to optimize business operations.After more than a decade in the tech industry, Tom pivoted towards writing to share his knowledge on a broader scale, specifically writing about technology's impact on business and finance. Being a first-generation immigrant, Tom is familiar with the unique financial challenges encountered by immigrant families, which, in conjunction with his technical expertise, allows him to produce content that is both technically rigorous and culturally attuned.

Is Prepaid Legal Insurance a Good Investment?

Prepaid legal insurance offers a wide range of coverage and benefits to policyholders. The specific services and features vary depending on the provider, but most policies include basic coverage such as consultations with attorneys, document preparation, and representation in court if necessary. Some providers also offer additional benefits like identity theft protection, financial planning services, … Read more

What is a Quant?

Dive into the world of Wall Street’s data whisperers – the Quants. Discover their pivotal role in financial markets, and explore how this profession is set to evolve in the age of big data and AI. Unmasking the quants – where mathematics meets finance.

A Short History of Bitcoin

The history of Bitcoin and cryptocurrency is a fascinating journey that starts with the conceptualization of digital currency and culminates in the diverse ecosystem of cryptocurrencies we see today. Here’s a concise overview: This journey from a novel idea to a major financial phenomenon underscores the revolutionary potential of blockchain technology and the complex dynamics … Read more

Predatory Fees Prey on the Incarcerated and Their Families

In today’s digital era, where a call or message to a loved one is just a tap away, it’s a harsh reality that for families of the incarcerated, staying connected is a luxury they often can’t afford. Behind the cold walls of correctional facilities, a predatory system thrives, turning basic communication into a financial nightmare. … Read more

AI and Finance: Predicting Market Trends in 2024

The realm of finance has always been dynamic, but with the advent of Artificial Intelligence (AI), the pace of change has accelerated exponentially. In this article, we look into the groundbreaking AI tools and algorithms that are reshaping financial markets, with a special focus on the stock market and cryptocurrencies. The AI Revolution in Financial … Read more

Artificial Intelligence is Changing How We Manage Money

robot weighing piggy banks

AI has revolutionized personal finance, offering smarter, personalized budgeting tools and optimized investment strategies. Robo-advisors use AI to automate investment management, making it accessible and cost-effective. AI also enhances security by detecting and preventing fraudulent activity. While promising, AI integration raises concerns about data privacy and biases, and experts anticipate its continued transformative impact.

Risk Tolerance and Personality: Tailoring Your Financial Strategy

When it comes to personal finance, one size does not fit all. Your approach to saving, investing, and spending is profoundly influenced by two interconnected factors: your risk tolerance and your personality. Understanding this relationship is crucial in developing a financial strategy that not only yields results but also aligns with your comfort levels and … Read more

The Crucial Role of Investment Diversification

Diversification is key in investing, spreading investments across various assets, industries, and locations to manage risk and seize opportunities. Benefits include mitigating risks, capitalizing on diverse market cycles, and achieving long-term goals. Common mistakes to avoid include overdiversification, ignoring correlation, and neglecting rebalancing. Embrace diversification for a balanced and resilient portfolio.

Making Major Purchases Without Sinking into Debt

The financial landscape poses challenges for many Americans, with 55% unprepared for major expenses. Managing big purchases involves personalized saving methods, quality investment, prudent research, and avoidance of impulsive buys. Creating a designated account, utilizing savings tools, and considering long-term value are key strategies. Anticipating and planning for significant expenses ensures financial stability and peace of mind.

Investing in Rental Properties

Investing in rental properties can be a rewarding venture that offers multiple income streams. Apart from the potential of rental income, you may also experience capital appreciation and tax benefits. However, financing the purchase of rental properties can be a significant hurdle for many aspiring landlords. This blog post will offer some key tips to … Read more

10 Personal Finance Lessons from ‘The Wire’

The Wire financial lessons

HBO’s ‘The Wire,’ acclaimed for its gritty portrayal of life in Baltimore, is more than just a crime drama; it’s a treasure trove of lessons in personal finance. Set against the backdrop of the city’s drug trade, the show digs into the complexities of urban life, touching upon themes of money, power, and survival. While … Read more

Artificial Intelligence in Retirement Planning

An elderly woman enjoys her afternoon tea, having her robotic assistant read a novel to her.

Artificial intelligence (AI) is transforming industries across the board, and personal finance is no exception. One area where AI’s influence is particularly noteworthy is retirement planning. For many people, planning for retirement is a complex, sometimes overwhelming task, full of unknowns. However, AI-powered tools are aiming to make retirement planning more accessible, precise, and user-friendly. … Read more

How Unions Empower Workers and Communities

union benefits

Unions play a pivotal role in boosting workers’ conditions, having a significant impact on society and the economy. They advocate for fair wages, ensuring employees receive the pay they legally deserve, and setting industry standards. They campaign for safe working conditions and health benefits, providing training to enhance safety culture. Unions fight workplace discrimination, promoting diversity and inclusion, and ensure workers are treated fairly. They work to secure comprehensive benefits, which are critical in providing long-term security and maintaining work-life balance. Unions also cultivate community and solidarity, driving social change and community development.