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Banking Articles

From get out of debt strategies to advice on improving your savings returns, we've got recommendations to help you make smarter banking decisions.

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Recent Articles

An older couple uses a laptop, calculator, and papers to budget while sitting on the living room sofa
May 24, 2025 | By Joel O'Leary

5 Ways to Protect Your Money From a Recession

Here are some simple steps to recession-proof your money. Build a buffer, lock in high rates, cut unnecessary expenses, and reduce risky exposure.
Dog with stack of money in its mouth.
May 21, 2025 | By James McClenathen

This Warren Buffett Strategy Could Keep You Out of Debt

Warren Buffett's company maintains a huge cash reserve. Here's why you should have plenty of cash on hand, too.
Teen taking cash out of her wallet.
May 20, 2025 | By Joel O'Leary

How I Turned $500 Into $5,000 With This Simple Savings Habit

I saved up $5,000 from my teenage job -- all thanks to one consistent savings habit my mum taught me. Find out what it was.
Man with arms outspread and cash raining down on him.
May 18, 2025 | By Joel O'Leary

Here's What Millionaires Do With Their Paychecks That Most People Don't

Millionaires don't waste paychecks. Here's how they use automation, smart tools, and ROI thinking to build lasting wealth.
A standard bank building structure with columns.
May 16, 2025 | By Ryan Wilcox

Is Your Bank Costing You Money? 4 Signs It's Time to Switch

If you're still using a traditional bank, you're probably losing money. Here are clear signs that it might be time to make a switch.
A generic calendar on a desk beside eyeglasses, an alarm clock, and a small hourglass.
May 16, 2025 | By Joel O'Leary

Should You Ever Cash Out a CD Early?

Cashing out a CD early isn't the end of the world -- you'll likely just pay a penalty fee. Read on for some scenarios when cashing out early can make sense.
Pink ceramic piggy bank sitting on a pile of paper money
May 15, 2025 | By Joel O'Leary

The No. 1 Mistake People Make With High-Yield Savings Accounts

Keeping too much in your high-yield savings account can hurt your long-term financial growth. Here's what to do with the extra cash.
An open safe showing coins and bills inside.
May 15, 2025 | By Ryan Wilcox

Worried About a Recession? Here's the Smartest Way to Protect Your Money Now

Looking for a safe place to stash your money during a downturn? Open a high-yield savings account for flexibility, safety, and strong returns.
Person making calculations in notebook
May 14, 2025 | By Joel O'Leary

How Will Trump's Tariffs Affect Your Savings?

Trump's tariffs could shake interest rates and savings yields. Learn how to protect your money and earn more with smart, flexible savings options.
Jar of coins with plant sprouting from the middle.
May 10, 2025 | By Joel O'Leary

Are CDs Worth It in May 2025?

The top CD rates are still over 4% in May 2025. Locking in a great rate now will pay off if rate cuts become a reality later this year.
Four stacks of coins in descending height.
May 9, 2025 | By James McClenathen

Should You Open a 5-Year CD Now or Wait? May 2025 Answers Inside

Five-year CD rates are at the highest levels we're likely to see for a long time. But that doesn't mean they're a great investment for you. Find out more.
Woman handing over a check at a desk
May 8, 2025 | By James McClenathen

Do You Have Too Much Money in Your Checking Account? 3 Red Flags to Watch in May 2025

Everyone needs a checking account. But once it has enough money to cover the bills, your checking account becomes a liability. Here's why.
Man reviews paperwork and laptop at a desk
May 5, 2025 | By James McClenathen

Why I'm Moving Money Out of My High-Yield Savings Account in May 2025

I'll always have money in high-yield savings. But right now, I see a better long-term opportunity. Here's what it is -- and how you can capitalize on it, too.
A glass jar labeled "Savings" that's full of coins and bills.
May 5, 2025 | By Ryan Wilcox

Sick of Low Rates? This High-Yield Account Is Turning Heads in May 2025

Don't be content earning peanuts on your cash. Find out how to earn more than 10x the national average on your savings with this valuable account today.
Repeating pattern of dollar signs in bold colors.
May 4, 2025 | By Ryan Wilcox

Have a Bank of America Savings Account in May 2025? You're Probably Missing Out on $300-Plus a Year

Bank of America's savings accounts pay as little as 0.01% APY. Find out why you should move your money to a high-yield savings account instead.
Repeating pattern of dollar signs in bold colors.
May 1, 2025 | By James McClenathen

The 3 Biggest Mistakes You Can Make When Investing in CD in May 2025

Investing in CDs is simple and safe, so long as you avoid a few pitfalls. Here are three mistakes you definitely don't want to make this month.
A piggy bank with a small hammer beside it.
April 30, 2025 | By Joel O'Leary

Retirees: Why Now Is the Time to Switch to a High-Yield Savings Account (April 2025)

It's time to ditch low interest rates and earn over 4% APY on your cash. Find out why switching to an HYSA is a no-brainer for managing retirement income.
A standard bank building structure with columns.
April 30, 2025 | By Joel O'Leary

What Really Happens If You Deposit Over $10K in Cash Right Now?

Depositing $10,000 or more in cash? Here's what to expect, what banks report, and where to park your money to earn the most interest.
An open safe showing coins and bills inside.
April 29, 2025 | By Joel O'Leary

Don't Hide Cash at Home. Here Are 3 Places to Put It Instead

Hiding cash at home might feel sneaky and safe, but it's costing you. Here are three smarter places to stash short-term savings that actually grow your money.
plant growing out of jar of coins
April 28, 2025 | By Ryan Wilcox

Here's How Much You Can Make With $10K in High-Yield Savings Right Now

With top savings accounts offering up to 4.40% APY in April 2025, your $10,000 could be earning hundreds a year. Read on to learn how.
Woman making calculations as she uses her laptop.
April 26, 2025 | By James McClenathen

Have a Wells Fargo Savings Account in April 2025? You're Probably Missing Out on $300-Plus a Year

Wells Fargo's interest rates are laughable. See how a high-yield savings account could earn you far more money for almost no work.
Young man pausing from using his laptop to look at a calendar.
April 25, 2025 | By Joel O'Leary

Cashing Out a CD in April 2025? Avoid These 4 Costly Mistakes

When a CD matures, you have a short window of time to move your cash to another vehicle. Read on for four CD cash-out mistakes to avoid in April 2025.
Woman sitting on sofa holding cash and using a calculator.
April 25, 2025 | By Ryan Wilcox

$20K in a CD Today? Here's the April 2025 Payout You Can Expect

CD rates are solid in April 2025, but high-yield savings accounts are offering comparable rates. Here's why it might be smarter to keep your $20,000 flexible.
Woman with glasses making calculations.
April 24, 2025 | By Ryan Wilcox

Forget CDs in April 2025, Even With Rates up to 4.65%. Here's Where to Put Your Money Instead

Current CD rates may be tempting, but there's a smarter way to grow your savings. Find out why high-yield savings accounts deserve a closer look.
A couple counts dollar bills together at home.
April 22, 2025 | By James McClenathen

Here's What $10K Will Earn in a 6-Month CD at April 2025's Best Rates

A $10,000 deposit in a 6-month CD could earn as much as $222.52 at today's rates. Read on to learn more about CDs and see if you should open one today.