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

426 articles written by this author

Vanguard Digital Advisor review

Features and feedback to consider before you sign up for Vanguard Digital Advisor.

Shannon Terrell 25 June 2021
Vanguard Digital Advisor review

A beginner’s guide to retirement investing

What you need to know to start building your retirement nest egg.

Shannon Terrell 16 June 2021
A beginner’s guide to retirement investing

FutureAdvisor review

Pros, cons and features to consider before you sign up with FutureAdvisor.

Shannon Terrell 16 June 2021
FutureAdvisor review

Best Roth IRA accounts of 2021

These Roth IRAs stand out for their competitive fees, intuitive platforms and practical research tools.

Shannon Terrell 8 June 2021
Best Roth IRA accounts of 2021

Best IRA accounts of 2021

Check out the best IRAs with the lowest fees and the most useful features.

Shannon Terrell 25 May 2021
Best IRA accounts of 2021

How to find your old 401(k)

National databases can help you uncover lost funds, but you’ll want a safe place to store them.

Shannon Terrell 21 May 2021
How to find your old 401(k)

Should you invest in Oatly like Oprah?

Six celebrity-backed companies and how they've performed in the public market.

Shannon Terrell 18 May 2021
Should you invest in Oatly like Oprah?

Farther review

Features, pros and cons to consider before you sign up with Farther Financial.

Shannon Terrell 14 May 2021
Farther review

Public vs. Robinhood

Putting tools, feedback, features and fees for these two platforms head to head.

Shannon Terrell 13 May 2021
Public vs. Robinhood

Fidelity Go review

Fees and feedback to consider before you sign up for automated investing with Fidelity Go.

Shannon Terrell 5 May 2021
Fidelity Go review
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