In July 2019, I started Linus with my business partner Matt Hamilton because we recognized that the everyday lender had limited options to grow wealth through traditional savings accounts. We believed — and we still believe — that everyone should have access to the wealth-building opportunities of emerging digital asset markets.

We saw the huge void in the financial market and knew we could meet rising consumer demand for access to both uncorrelated risk and digital assets. We were also frustrated by traditional investment vehicles — low interest rates from banks, the risky nature of stocks — so we started…


Photo by Cristofer Jeschke on Unsplash

Why Maintaining Wealth Requires Risk

“What’s your number?”

Recently, while partaking in some mild social distancing, a friend asked me this seemingly innocuous question. He further elaborated, “What’s the number you need to hit to live off the interest?” In the economic uncertainty of life with Covid-19, this friend had retreated to the financially conservative tenants of the FIRE movement, that is, “financial independence, retire early.” His logic was that removing risk increased certainty, allowing him to save his way to early retirement.

His overabundance of caution is actually doing more harm than good.

Excessively Conservative with Money

No financial vehicle is truly riskless. Theoretical…


Putting off saving is the most expensive mistake you can make.

  • “Catching up” on savings is easier said than done.
  • Saving less earlier can be more impactful on your retirement than saving more later.
  • Understanding the power of compounding interest can help you prioritize spending versus saving.

Most people procrastinate. This is generally for good reasons, as delayed responsibility rarely incurs consequences. Putting off cleaning the house, working out, or asking someone out on a date may lower your expectations, but has little impact on future outcomes. Saving is one aspect of adult life that, when ignored, can have a profound impact on your future outcome.

Most people who put off…


Linus is now managing over $1 million in deposits! Thank you to our early adopters for helping us reach this goal. We’re excited to celebrate this achievement as we look toward the future.

Road to $1 million

On Tuesday, we surpassed the $1 million assets-under-management mark, exceeding our Q3 2020 target. This is the first major milestone since we launched the Linus Early Access Program (LEAP) in January. …


Do you know your inflation adjusted interest rate?

Most of us don’t consider the effect of inflation on our cash, savings or investments. The Federal Reserve (“the Fed”), which is responsible for adjusting the money supply in an attempt to control inflation, has set a target rate of 2%. Since the mid-’90s, the rate of inflation has remained rather stable, hovering around 2.0%. However, this has not always been the case.

Throughout much of the 1970s and 80s, the rate of inflation was much higher, causing prices to rise faster than many investors expected. Even at these high rates, the savings rate was still well above the inflation…


Personal Finance 101 warning: This topic may seem very simple, but at Linus, we get a lot of questions about saving money versus paying down debt.

Recognizing the importance of saving is the first step toward being fiscally responsible and establishing financial stability. Before I answer this question, I highly recommend that you build an emergency fund to prepare for unforeseen circumstances, such as an unexpected expense, lapse in employment or changes in economic certainty. Once you have met this goal — and congratulations, by the way — you may be wondering what comes next, saving for retirement or paying…


Unless you hold a degree in finance, you might not be familiar with the differences between APR and APY, as quoted by a financial institution. Although similar, knowing the difference can help you make better financial decisions.

*If you need to convert between APR and APY, check out ARPtoAPY.com.

What is APR?

APR (Annual Percentage Rate) is the annual rate of return — expressed as a percentage — before factoring in compound interest. You’ll run into this most often when considering terms for a loan. The APR make it simple to calculate your monthly payment.

Example:

Let’s say you would like to calculate…


Introducing Crawford Leeds, Software Engineer

I am pleased to continue with the latest installment of “Getting To Know Linus, ” the series where we learn a little more about the team behind the product. Last month, we introduced our first hire, Jake Russell. When recruiting for our second hire, we posted a public job listing. We didn’t know what to expect from the candidate pool, but we knew we wanted to hear more from the developer with a master’s degree in Aerospace Engineering. That candidate, Crawford Leeds, was quickly given an offer.


Introducing Jake Russell, Software Engineer

Last month we kicked off our inaugural issue of “Getting To Know Linus” by introducing Justin Aiello, the most recent addition to Linus. If you missed his interview I highly recommend you read his entertaining responses. For our second installment I am thrilled to introduce the first Linus employee we hired, Jake Russell. As Jake will tell you himself, he wasn’t a guaranteed addition to the team.


While we’re all grappling with the seriousness of the coronavirus pandemic, the Linus team brings some good news. We’re raising our interest rate to 4.0% starting April 1st. The recent market volatility presents new challenges, but we’re dedicated to providing the best investment experience and these events have validated the superiority of our model versus the competition. We wanted to take a moment and address our rates and how they are possible.

We’re raising our interest rate to 4.0% starting April 1st.

After the events of the past month, the state of DeFi is down, but not out. Most of…

Matthew Nemer

Matthew Nemer is the Co-Founder & CEO of Linus — The Better Way to Save

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