Rishi Vamdatt · Passed the CFP® Exam at 16 
Infographic: Prediction Markets Explained for Beginners Prediction Markets Explained for Beginners: How They Really Work A prediction market lets you put money on whether a future event will happen. But did you know you can end up losing money even if you’re right most of the time? I passed the CFP® exam at 16 and …
Prediction markets have become a fascinating intersection of finance, speculation, and real-world events. You can buy contracts tied to questions about elections, sports, weather, and much more. But understanding what you’re predicting is only part of the equation. Here, I explain how prediction markets work, how their prices relate to probabilities, and some of the …
Infographic: FAFSA for College Aid – Explained for Beginners FAFSA Explained for Beginners (and How to Maximize Your Aid) The FAFSA can help unlock grants, Federal Work-Study, student loans, and school-based aid that can dramatically lower your college costs – or even remove them entirely. But one timing mistake can drastically reduce the money available …
FAFSA isn’t simply about determining whether you qualify for a federal grant. Colleges can also use FAFSA information when determining financial aid, and eligibility depends on more than just household income. In this infographic, I explain the FAFSA process from start to finish, including what information you’ll need, the Student Aid Index, federal aid, college …
Interactive Learning Experience: The Bucket Sorter Your savings arrive as a pile of chips, and three buckets are waiting: checking for bills, high yield savings for emergencies, and index funds for everything past that. Drag the chips wherever you think they belong. Put too little in savings and the app shows what an emergency would …
If you’re starting to take control of your finances, one of the first questions you may have is: Where should I keep my savings? High-yield savings accounts have become increasingly popular, but there’s more to choosing one than simply finding the highest advertised rate. Here, I break down what HYSAs are, how APY works, what …
Interactive Learning Experience: Index Funds and Stock Picking Every square is one company you own through an index fund. Tap any of them to watch it go bust and see what it costs you. Then switch to the view where you picked just three companies, tap once, and watch how much of your money disappear. Same …
Interactive Learning Experience: Compound Interest Calculator See how your money grows over time. Enter what you start with, what you add each month, how long you plan to invest, and the interest rate, then watch the chart build year by year. The calculator splits your final balance into the money you put in, and the interest …
Interactive Learning Experience: The Tax Timing Machine Roth and Traditional IRAs hold the same investments and grow at the same rate, so the whole question is when you pay the tax. Set your tax rate today and the rate you expect in retirement, and watch the two after-tax balances trade places. A second mode runs …
For someone just starting out, investing can feel complicated. Which stocks should you buy? How much should you invest? Should you try to beat the market? The good news is that investing doesn’t have to be that complicated. In this infographic, I break down index funds in plain English, explain why they can be such …
