Home Authors Shannon Terrell
Shannon Terrell

Shannon Terrell

Senior writer

Shannon Terrell is a senior writer for Finder who has written over 400 personal finance guides. With a focus on investments and personal finance, she breaks down jargon-laden topics to help others make informed financial decisions. She is studying to become a Certified Educator in Personal Finance (CEPF) and makes frequent appearances on Finder’s YouTube channel as a finance expert. She’s also a published author whose work has been featured in academic journals from the University of Toronto.

Expertise

  • Share trading
  • Robo-advisors
  • Merchant services

Highlights

  • Studying to become a Certified Educator in Personal Finance (CEPF)
  • Author of over 400 personal finance articles
  • Featured in publications, such as Black Enterprise and Yahoo! Finance
  • Earned over 66,000 views on her Finder YouTube video features
  • Interviewed key stakeholders in the investments industry, including co-founder of Thinkorswim and CEO of Tastyworks, Scott Sheridan and ArborCrowd co-founder and chief operating officer, Adam Kaufman

Education

  • Honours Bachelor of Arts (HBA), Professional Writing and Communication | University of Toronto Mississauga | 2014–2019

Featured Publications

Industry insights from Shannon Terrell

We asked Shannon to demonstrate her expertise by answering a few questions about investments and personal finance.

Say you are handed $100,000. What is the most practical way to allocate a large sum of money?

Get an accurate picture of your finances, prioritize high-interest debt and open an investment account. You do not need to be debt-free to invest. If you have access to a 401(k) through work, max out your contributions. If you do not have a 401(k) or if this is your first time investing, explore beginner-friendly platforms that can manage your investments for you, like a robo-advisor.

What is the best way to keep from overspending?

Create a budget. It might be a pain, but it is worth it. If it feels too daunting to tackle with pen and paper, try a budgeting app: They are designed to do the legwork for you. All you need to do is sync your accounts to identify where you spend the most each month. Accountability is empowering and you can stow what you save in a high-yield savings or money market account. As your rainy day fund grows, so will your peace of mind.

What is the best way for first-time investors to break into the market?

Automated investment platforms like Acorns and Betterment are a solid way to learn the ropes. These beginner-friendly platforms are designed to pick and manage your investments on your behalf and provide protected exposure to the market. They can serve as a practical learning environment for anyone new to investing.

Featured videos

Latest articles by Shannon Terrell

368 articles written by this author

ETFs vs. index mutual funds

We break down the similarities and differences that separate exchange-traded funds and index mutual funds.

Shannon Terrell 1 October 2021
ETFs vs. index mutual funds

Fundamental analysis: 5 must-have tools for valuing stocks

Steer clear of risky, uninformed trades with moomoo’s tools built for value investors.

Shannon Terrell 29 September 2021
Fundamental analysis: 5 must-have tools for valuing stocks

Stock splits defined

Why companies use stock splits and how they affect your portfolio.

Shannon Terrell 28 September 2021
Stock splits defined

Our company switched to NetSuite — here’s what happened

A first-hand account of transitioning our business to NetSuite.

Shannon Terrell 28 September 2021
Our company switched to NetSuite — here’s what happened

NetSuite vs. QuickBooks: Which one wins?

A nitty gritty breakdown of features, fees and customer feedback for these two software providers.

Shannon Terrell 28 September 2021
NetSuite vs. QuickBooks: Which one wins?

Best robo-advisors of 2021

These are our top robo-advisor picks for 2021 plus 3 honorable mentions.

Shannon Terrell 7 September 2021
Best robo-advisors of 2021

7 mutual fund fees that could eat into your return

Learn to look for –– and avoid –– these common mutual fund fees.

Shannon Terrell 31 August 2021
7 mutual fund fees that could eat into your return

Axos Invest Self-Directed Trading review

Features and fees to consider before you sign up for an Axos Invest account.

Shannon Terrell 31 August 2021
Axos Invest Self-Directed Trading review

Methodology: How we rate robo-advisors

We analyze robo-advisors across 7 key metrics to see how they compare.

Shannon Terrell 23 August 2021
Methodology: How we rate robo-advisors

Top 10 stocks for kids: Kickstart their savings

Build your child’s first portfolio with these popular blue-chip stocks.

Shannon Terrell 18 August 2021
Top 10 stocks for kids: Kickstart their savings
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