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Money (financial website) facts for kids

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Money
Money.com Logo.png
Type of site
Personal finance
Available in English: money.com Spanish: money.com/es/
Founded 1972 (as Money Magazine)
Successor(s) Money Group, LLC
Headquarters San Juan, Puerto Rico,
U.S.
Area served United States
Owner Money Group, LLC
CEO Greg Powel
Industry Financial services, Media
Products Financial calculators, Budgeting Tools, Investment comparison
Services Personal finance advice, News and analysis, Financial product reviews, Educational resources.
Commercial Yes
Launched 2014 (as Money.com)
Current status Active
ISSN 0149-4953

Money is an American company that helps people learn about and manage their money. It started as a monthly magazine in 1972 and is now mostly a website called Money.com.

Money helps you understand important topics like credit cards, home loans (mortgages), insurance, banking, and investing. It also covers family money matters, like how to pay for college or improve your home. Money is famous for its yearly list of "America's Best Places to Live."

The Story of Money

Money has changed a lot over the years to keep up with how people get information.

Starting as a Magazine

The first Money magazine was printed in October 1972. It was published by a company called Time Inc. For a while, the magazine worked with CNN, a news TV channel, on a website called CNNMoney.com.

Becoming a Website

In 2014, Money launched its own website, Money.com. This was a big step towards becoming a digital-first company. In 2019, Money stopped printing its magazine and focused completely on its website. The last magazine was published in June 2019.

Later in 2019, the Money brand and website were sold to a new company called Money Group, LLC. This company is based in Puerto Rico. In 2023, Money started new yearly lists, like "Best Cars" and "Best Hospitals." These joined their popular lists such as "Best Places to Live" and "Best Colleges."

What Money.com Offers

Money.com is a helpful website for anyone who wants to learn more about money.

Tools and Information

The website provides financial news and information about credit, loans, insurance, and investing. It also has articles about managing your personal money. You can find reviews of different financial products and services.

Money has a team of experts, reporters, and writers. They work in offices in Puerto Rico and New York to create all the content you see on the website.

Awards and Achievements

Over its more than 50-year history, Money has won many awards for its great work.

Magazine and Website Awards

  • Emmy award nomination (2020) for a short film called “Rise Above.”
  • Gerald Loeb Award for Personal Finance (2016, 2017).
  • Society for Advancing Business Editing and Writing (SABEW) Distinguished Achievement Award (1998).
  • National Magazine Awards for Personal Service (1988).
  • National Magazine Awards for Public Interests (1987).
  • National Magazine Awards for General Excellence (1986).

Art and Design Awards

The art team at Money has also won several awards for their creative work:

  • International Motion Art Awards 11 Winner Animation (2023).
  • American Illustration 42, Selected and Chosen Winner (2023).
  • The Society of Illustrators, Illustrators 64 Exhibit (2022).
  • American Illustration 41, Selected and Chosen Winner (2022).
  • American Illustration 40, Chosen Winner (2021).
  • American Illustration 39, Chosen Winner (2020).

See also

  • NerdWallet
  • Bankrate
  • CreditKarma
  • LendingTree
  • WalletHub
  • MarketWatch
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