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DaVinci Coders
October 28th, 2014 at 11:52 am

Sweden is close to being the first country in the world to eliminate cash

sweden cash-free

It could take up to the year 2030 for physical money to disappear from Sweden’s system altogether.

Four out of five purchases in Sweden are paid for electronically or by card according to a new report from the Swedish news organization, The Local. They also report that Swedes are using electronic payments 260 times per person, per year.



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October 28th, 2014 at 11:08 am

French Twitter users can now tweet payments using S-money service


Twitter users can tweet a payment to their followers.

Twitter users in France can now publicly repay debts, donate to charity or chip in for a gift with a new payment service backed by the country’s second-largest banking service.



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October 19th, 2014 at 8:09 am

Bitcoin isn’t just for anarchists and libertarians anymore


Consumers are embracing the digital currency even though the value of Bitcoin has fallen 55% against the dollar.

Earlier this year Mary Fons joined the Bitcoin economy. She uses the digital currency to buy gift cards and office supplies. Her partner reimburses her with Bitcoin for his portion of the rent. Thirty-five year old Fons isn’t a nerd or a self-proclaimed libertarian like many of the currency’s early adopters. She lives in New York and co-hosts the Love of Quilting show on public television. “Why Bitcoin?” she asks. “Because I want to have options. I think it’s a beautiful thing open to everyone.”



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October 18th, 2014 at 8:31 am

1 in 4 Millennials trust ‘no one’ when it comes to advice about money


39 percent of millennials worry about their financial future at least once a week or more.

When it comes to information about financial matters, about a third of millennials trust their parents most, but nearly one in four say they trust “no one” when it comes to advice about money, according to Fidelity Investments.



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October 17th, 2014 at 8:20 am

Chuck Feeney, an unconventional billionaire who is revolutionizing philanthropy by closing his foundation

chuck feeney

Chuck Feeney

Chuck Feeney is a self-made billionaire who is an extreme philanthropist. He believes that charity shouldn’t go on forever and his fellow billionaires, from newly minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, are learning from his example.

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October 13th, 2014 at 12:33 pm

Do states with no income tax save residents money?

no state taxes

A state might have no income tax, but it might make up for that through other taxes.

If you’re thinking about moving to a new location, it’s reasonable to seek out spots that might cost you less. Thus many people turn to states with no income tax. However, there’s more to the picture than income taxes.



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September 22nd, 2014 at 12:18 pm

Crowdfunding will provide $65B to boost the 2014 global economy

crowdfunding money

A new law will allow entrepreneurs to equity crowdfund from anyone with the cash and the interest.

Crowdfunding is really big and it’s only going to get a whole lot bigger.  If you’ve been skeptical of all the crowdfunding buzz, consider this: By the end of 2014, crowdfunding is estimated to add at least 270,000 jobs and inject more than $65 billion into the global economy, according to estimates from crowdfunding platform Fundable. (Infographic)



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September 9th, 2014 at 11:06 am

Is it time for a Guaranteed Basic Income?


Poverty and homelessness on the rise.

Is it time for Basic Income? The idea of Basic Income has been endorsed by economists from a variety of political camps, but has always seemed more of a distant dream than a reality.  Productivity and standard of living increases made Basic Income practical and logical.



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August 21st, 2014 at 12:10 pm

How much $100 is worth in every state: Map


One hundres dollars goes further in some states than others. A map released by the Tax Foundation, via Elliot Turner, shows the relative value of $100 in every state compared with the national average using the data from the Bureau of Economic Analysis.



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August 8th, 2014 at 10:35 am

American’s financial lives explained in 29 charts


How much money you make and how you spend that money plays a huge part in what your life looks like.

What makes us unique? Well, we like to think lots of things make us unique: where we’re from, how we were raised, our tastes, our education. But for better or worse, how much money you make and how you spend that money also play huge parts in dictating what your life looks like.  Vox presents 29 charts below showing how Americans earn and spend money, from childhood through their golden years.

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