Personal Finance

Discover the cost of living in Mexico in 2025. Get insights on housing, groceries, healthcare, and more to budget for your dream life abroad.

When you start working in the US, understanding tax withholding is essential for managing your finances and avoiding surprises at tax time. Employers automatically withhold a portion of your paycheck to cover your federal income taxes, based on the information you provide on Form W-4. But if your job, income,...

APR and APY may differ by just one letter, but that small change can have a big impact on your financial future. Whether you’re borrowing money or saving it, understanding the difference between Annual Percentage Rate (APR) and Annual Percentage Yield (APY) is key to making smart money decisions. In...

In an increasingly cashless world, digital wallets offer a fast, secure way to make payments using your smartphone or smartwatch. But if you’re unfamiliar with terms like “NFC” or “QR code,” getting started can feel confusing, especially if you’re managing money across borders. In this guide, we break down what...

When you're asked for a “voided check” while setting up direct deposit or automatic payments in the US, it might seem confusing, especially if you're new to the banking system. Why submit a check that can’t be used? At Remitly, we’re here to make this process clear and secure. This...

Money market accounts (MMAs) are often seen as a safe place to grow your savings. But how safe are they really? In this guide, we break down everything you need to know about MMA safety, FDIC and NCUA insurance coverage, and how these accounts compare to other financial products like...

Money orders are a safe and accessible way to send guaranteed funds, and they're especially helpful if you don’t have a bank account or want to avoid using personal checks. Whether you’re paying rent, covering a bill, or sending money to loved ones, filling out a money order correctly is...

Managing your finances is easier when you understand how money moves behind the scenes, especially with Electronic Funds Transfer (EFT). From paying bills and receiving your salary to sending money across borders, EFT is a secure, paperless way to transfer funds between bank accounts. In this beginner-friendly guide, we explain...

If you’ve found an old check and are wondering whether it’s still good, you’re not alone. Checks don’t last forever, and cashing one past its expiration date could lead to fees, rejection, or confusion. In this guide, we break down how long different types of checks remain valid, what to...

If you’re new to the US, setting up a bank account is one of the first steps toward managing your finances with confidence. But with so many options, where do you start, especially when it comes to daily spending? In this guide, we explain the key differences between checking and...