Banking Articles

A young woman sitting on the floor working on her laptop.

Jan. 6, 2023 | By Lyle Daly

Have Lots of Money in Your Checking Account? Here Are 5 Better Places to Keep Your Cash

A checking account isn't a good place to keep large amounts of money. Get a better return by putting your savings in one of these smart alternatives.

Man at home shopping for savings account.

Jan. 5, 2023 | By David Chang, ChFC®, CLU®

Here's How Much Money You Should Have in Your Bank Account During a Recession

With careful planning and proper budgeting, you can navigate any recession that may come your way. Keep reading to learn more.

A smiling person sitting at their dining table and writing in a notebook next to an open laptop.

Jan. 5, 2023 | By Natasha Etzel

Commit to This 52-Week Savings Challenge to Save $5,000 in 2023

Saving more money is a popular New Year's goal. If you want to boost your savings, check out this 52-week challenge so you have $5,000 in the bank by year's end.

Two men in thought looking at a laptop screen together.

Jan. 2, 2023 | By Dana George

2 Ways to Protect Yourself While Shadow Banking

Shadow banking is free of government oversight. Read on to learn why that could be a problem for you.

family at restaurant paying with mobile payment app on phone

Jan. 1, 2023 | By Natasha Etzel

3 Reasons Not to Keep Money in Payment Apps Like Venmo

Do you use payment apps like Venmo regularly? Find out why it's not a good practice to keep extra cash sitting in your payment app accounts.

A smiling person sitting on their couch and looking at the phone in their hand.

Dec. 30, 2022 | By Lyle Daly

5 Little-Known Perks of Checking Accounts

Consumers use checking accounts to manage money and pay their bills. Discover some important perks of checking accounts that many people don't know about.

Young woman at a garage talking to a mechanic about her car. They both point at paperwork.

Dec. 30, 2022 | By Natasha Etzel

When an Unexpected Car Repair Bill Came My Way, Here's How My Emergency Fund Saved the Day

Car issues can happen at any time and repairs can be expensive. Find out how one writer's emergency fund saved the day when she needed car repairs.

A worried man and woman looking at bills and a laptop

Dec. 29, 2022 | By Natasha Etzel

Here's Why It Doesn't Make Sense to Have a CD Right Now

Are you wondering if you should open a CD or another savings account? Here's why it may not be a good idea to open a CD at this time.

A couple withdraws money from an ATM machine.

Dec. 27, 2022 | By Ashley Maready

Want a Single Account With the Features of Checking and Savings? Consider This One

New year, new bank account? Read on to learn why it pays to consider a money market account.

A woman handing her credit card to the cashier behind the counter in a clothing store.

Dec. 25, 2022 | By Natasha Etzel

4 Reasons I Only Use My Debit Card a Few Times a Year

Debit cards and credit cards are convenient, but they don't offer the same protections and benefits. Find out why one writer uses her debit card sparingly.

A man sitting on a couch in a sunny living room and typing on his laptop.

Dec. 22, 2022 | By Brittney Myers

Why Credit Karma CEO Ken Lin Says You Should Double Check Your Savings Account Rate

Interest rates are up, which may be good news for your savings account. But Ken Lin says you shouldn't assume your rates went up.

Dec. 21, 2022 | By Ashley Maready

Will Physical Banks Close Due to Online Banking? Not Just Yet

The rise of online banking might seem like a threat to physical banks. Read on to learn why in-person banking is still holding on.

A woman reviewing paperwork at her desk.

Dec. 21, 2022 | By Natasha Etzel

Don't Forget to Do This When Opening a New Checking Account

Opening a new checking account isn't a complex process, but taking proper steps can set you up for success. Here's what you should do for optimum results.

A woman sitting at a sunny kitchen table with her laptop and notes in front of her.

Dec. 19, 2022 | By Ashley Maready

High-Yield Savings vs. Money Market: Which Should You Choose?

With inflation up, it's a bad time to keep all your excess money in your checking account. Read on for a breakdown of two other bank account options.

A man typing on his laptop while sitting outside in front of a brick building.

Dec. 18, 2022 | By Ashley Maready

Only 21% of Adults Have This Type of Bank Account. Are You Missing Out?

In these days of high inflation, there's one kind of bank account that really shines. Read on to see how having one can benefit you and your money.

Two young adults wearing loungewear use their devices and a pad of paper to discuss finances.

Dec. 17, 2022 | By Lyle Daly

Is the Cash Stuffing Trend on TikTok a Good Way to Manage Your Money?

A budgeting method called cash stuffing is going viral on TikTok. Discover how it works, the pros and cons, and whether it's worth trying.

A woman sitting at a table in a cafe window and typing on a laptop.

Dec. 17, 2022 | By Natasha Etzel

This One Move Helped Me Boost My Savings and Earn More Interest

One writer shares how keeping too much extra money in her checking account hurt her financially. Find out how to boost your savings and earn more interest.

Dec. 16, 2022 | By Natasha Etzel

5 Tips to Make Your Savings Goals Happen in 2023

Saving extra money for the future is an excellent personal finance goal. Find out what you can do to ensure you reach your 2023 savings goals.

A smiling young woman leaning against a wall.

Dec. 15, 2022 | By Lyle Daly

How Much Money Should You Have Saved at Every Age? Here Are Good Guidelines From Graham Stephan

If you want to know whether you're saving enough, these guidelines will help.

Bank teller assisting a customer with cash transaction.

Dec. 15, 2022 | By Natasha Etzel

5 Ways to Avoid Bank Account Maintenance Fees

Are you paying bank account maintenance fees? These extra fees impact your bank account balance. Find out what you can do to avoid this cost.

Dec. 14, 2022 | By Kailey Hagen

Surprise! This Is What Actually Happens to Your Money When It's in a Bank

Banks offer two key services: deposit accounts and loans. Here's a closer look at how these two work together.

A bank teller smiles to a customer from behind her desk.

Dec. 14, 2022 | By Ashley Maready

4 Little-Known Facts About Money Market Accounts

Higher interest rates can make life more expensive, but when it comes to money market accounts, they're a boon. Read on to learn more about MMAs.

A smiling young adult sitting in an armchair in a sunny room while looking at a phone.

Dec. 12, 2022 | By Ashley Maready

5 Tips to Keep Your Money Safe in 2023

Losing your money to a scammer or a bank failure is a scary prospect. Read on for ways to protect your hard-earned cash in the new year.

young man sitting at kitchen table writing a check.

Dec. 12, 2022 | By Natasha Etzel

Need to Order a New Checkbook? You Can Save 50% by Going Through Costco

You may be spending more money than necessary when ordering checks. Find out how much you could save by buying your checks through Costco.