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Banking Articles | Page 58

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

A person looks worriedly at their computer in their home, resting their hand on their head.
Oct. 29, 2022 | By Dana George

5 Ways Sharing a Bank Account Can Get You in Trouble

While it's romantic to imagine trusting someone so much that you can share a bank account with them, it's not always wise. Here's why.
A worried man and woman looking at bills and a laptop
Oct. 29, 2022 | By Kailey Hagen

Should You Open a New Bank Account in 2023? 3 Questions to Ask Yourself

Where you keep your money is important. Here are three questions to ask yourself when deciding whether to open a new bank account in 2023.
A woman reviewing paperwork at her desk.
Oct. 25, 2022 | By Ashley Maready

Why You Should Keep as Little Money as Possible in Your Checking Account Right Now

Under these inflationary conditions, any extra cash in your checking account is in fact losing value. Read on to find some ideas for what you should do with it instead.
A woman wearing pajamas and sitting on her bed and making a phone call with holiday twinkle lights on the wall behind her.
Oct. 24, 2022 | By Ashley Maready

4 Little-Known Perks of Online-Only Banks

Online-only banks are the wave of the future. Read on to learn about some notable features you may not have considered before.
A man standing in his living room and holding a pile of mail in one hand while looking at a single envelope in the other hand.
Oct. 23, 2022 | By Brittney Myers

Should You Switch Banks in 2023?

Changing banks can be a hassle, but there are several reasons it could be worth the trouble. Here's why 2023 may be the right time.
Woman holding a baby works at a computer.
Oct. 23, 2022 | By Brittney Myers

Should You Open a New Bank Account in 2023?

Changing banks can be a hassle, but there are several reasons it could be worth the trouble. Here's why 2023 may be the right time.
A person standing across from a teller at a bank counter and writing a check.
Oct. 22, 2022 | By Ashley Maready

4 Little-Known Perks of CDs

Considering putting some money into a certificate of deposit? Read on to learn about some neat features of CDs you may not have considered before.
Millennial couple holding dog inside home.
Oct. 14, 2022 | By Brittney Myers

Here's What the Average Person Has in Retirement Savings at 40

The suggested savings goals at age 40 is three times your annual salary, but a lifetime of economic woes means some folks are falling behind. Read on to learn more.
A young woman at a coffee shop looking at her phone.
Oct. 13, 2022 | By Ashley Maready

4 Little-Known Perks of Using the Chime Banking App

Chime is a fintech company with a robust and well-rated mobile app. Here's why you should consider opening an account so you can use it, too.
A couple smiles as they talk to a bank associate.
Oct. 12, 2022 | By Ashley Maready

7 Reasons to Open an Offshore Bank Account

Do you fancy yourself a citizen of the world, rather than of just one nation? Read on to learn why you might want to keep some assets in an offshore account.
Han dropping coins into a piggy bank.
Oct. 11, 2022 | By Emma Newbery

Why the Author of 'Rich Dad, Poor Dad' Believes Savers Are 'Losers'

Robert Kiyosaki tells his followers that the Federal Reserve interest rate hikes will destroy the U.S. economy. Find out what he thinks we should do with our money.
A woman sitting at a desk in front of a computer and staring into space with her chin resting in her hands.
Oct. 6, 2022 | By Lyle Daly

Why I Regret Opening a New Bank Account Even Though I Got a $450 Bonus

Bank bonuses can be valuable, but they're not always easy to get. Find out why you should carefully consider if a bonus is worth it before you commit.
A couple does their personal finances using a laptop and notebook.
Oct. 5, 2022 | By Dana George

Forget the Gossip: Here's the Truth About FedNow

The Federal Reserve is set to roll out a new instant-transfer program called FedNow. Here's the truth about any rumors you might be hearing.
woman on smart phone using budgeting apps
Oct. 5, 2022 | By Lyle Daly

Why Ramit Sethi Believes Sub-Savings Accounts Are Key to Paying Off Big Expenses

Ramit Sethi recommends using sub-savings accounts to prepare for large expenses. Discover how this method works and its benefits.
Happy couple reviewing their bank accounts on a laptop and on paper at a desk
Oct. 4, 2022 | By David Chang, ChFC®, CLU®

Why U.S. Banks Are Hiking Their Rates

In response to high inflation, the Federal Reserve has raised interest rates. Here's how that's affecting interest rates for credit cards and savings accounts.
A man sitting on the couch with a laptop and cup of coffee and playing with his dog next to him.
Sept. 26, 2022 | By Kailey Hagen

There's Literally No Reason to Pay This Bank Fee Ever Again

All banks charge fees, but some of them can be pretty ridiculous. Here's one fee in particular that doesn't make sense for anyone to pay.
Smiling woman at bank handing over paperwork.
Sept. 23, 2022 | By Dana George

4 Times a Variable APR Makes Sense

A loan with a variable interest rate can be risky if the rate goes up. Here, we cover the few occasions when it can make sense to opt for a variable APR.
A man talking on the phone while sitting in front of his laptop at a coffeeshop.
Sept. 21, 2022 | By Dana George

6 Reasons It's Time to Switch to a Credit Union

The number of credit unions in the U.S. is increasing. Here's why now may be the time for you to take advantage of all a credit union has to offer.
A parent and child count dollar bills and coins from a jar in their kitchen.
Sept. 19, 2022 | By Dana George

5 Reasons Now Is the Right Time for Your Child to Open a Bank Account

Kids are like sponges, soaking up whatever is set before them. Here's why teaching them about banking while they're young is so valuable.
A patient sitting on the table in an exam room and speaking with the doctor.
Sept. 18, 2022 | By Ashley Maready

2 Reasons to Max Out Your HSA

Did you know that health savings accounts, or HSAs, have some really cool benefits? If you have one, here's why you should contribute as much money as you can.
A couple sits in their living room, smiling as they look at a laptop.
Sept. 14, 2022 | By Dana George

How One Minority-Owned Bank Has Outsmarted Payday Lenders

It can seem that businesses care only about their bottom lines. Here is one bank that outsmarted payday lenders to protect its customers.
A bride and groom raising their hands and cheering while walking down the aisle after their wedding.
Sept. 10, 2022 | By Natasha Etzel

Why Broke Millennial's Erin Lowry Says Newlyweds Should be 'Skeptical' About Joint Banking

Before walking down the aisle, you should discuss your finances. Should you get a joint bank account with your sweetie? Here's what one financial guru thinks.
A person looks concerned at their financial documents and laptop.
Sept. 9, 2022 | By Dana George

ChexSystems Making Your Life More Difficult? Here's What You Can Do

Once there are negative remarks on your ChexSystems report, it can be difficult to open a new account. Keep reading to learn how it can be done.
A woman looking at her finances with a laptop and phone.
Sept. 8, 2022 | By Charlie Pastor, CFP®

Here's Why Tori Dunlap Recommends SoFi's High-Yield Savings Account

Read on to see how high APY, no minimums, and cash back make this high-yield savings account fit for a financial feminist.
Bank teller assisting a customer with cash transaction.
Sept. 8, 2022 | By Ashley Maready

I've Been Doing Business With the Same Big National Bank Since College. Here's Why

Online-only banks are the wave of the future, but big name-brand banks have perks too. Learn why one writer keeps a lot of her money with one.