Banking Articles

Man reading newspaper and looking at a tablet

Aug. 18, 2024 | By Matt Frankel, CFP®

Prediction: Here's Where CD Rates Are Headed Over the Next Year

Nobody has a crystal ball that can predict interest rates. But read on for my best educated prediction.

Woman using laptop at home for work or study.

Aug. 18, 2024 | By Brittney Myers

3 Reasons You Should Open a Long-Term CD Before the August Inflation Report

The Consumer Price Index update for August could have a wide impact. Find out how CDs may be affected.

Aug. 18, 2024 | By Emma Newbery

How Much Money Should You Keep in Your Checking Account? Here's the Sweet Spot

Almost 80% of Americans live paycheck to paycheck. Find out how you can build your checking account balance.

A person leaning against a railing in a busy city center while looking at a cell phone.

Aug. 18, 2024 | By Kailey Hagen

Forget Bank Account Bonuses: 5 Signs a Bank Truly Deserves Your Money

Bank account bonuses are designed to get your attention, but they're not always that exciting. Check out five signs a bank account is actually worth it.

An adult checks their online brokerage account using their tablet and smartphone.

Aug. 17, 2024 | By Ashley Maready

3 Things You Must Do When Your Savings Reach $500,000

Got a lot of money in savings? Read on for a few crucial moves to keep your money safe and maximize it for the future.

Man sits at counter with phone on laptop utilizing online banking.

Aug. 17, 2024 | By Ashley Maready

Is $10,000 Too Much to Keep in a Checking Account?

Too much cash in your checking account could cost you money. Keep reading to find out why -- and where you should put the excess.

Aug. 17, 2024 | By Lyle Daly

Here's Why I'm Not Worried About My Savings Account if Rates Drop

Interest rates are expected to decrease later this year. Find out why there's no need to worry about your savings account even if that happens.

A man looking at his phone while standing along a waterfront with a city skyline behind him.

Aug. 16, 2024 | By Dana George

This Is How Much Money You Can Make With $1,500 in a CD Ladder

A CD ladder allows you to stagger your investments. Find out how much you can earn over five years by investing just $1,500.

Aug. 16, 2024 | By Cole Tretheway

3 Reasons I Switched to a Chime Checking and Savings Account

I switched from my old bank to Chime for the perks. Find out what the banking app offers that traditional banks don't.

Aug. 16, 2024 | By Ashley Maready

3 Unexpected Advantages of Online Banks Over Brick-and-Mortar Banks

Banking can be done entirely within the confines of the internet. Read on to see how online banks edge out their traditional cousins.

A pile of money with a seedling growing out of it

Aug. 16, 2024 | By Robin Hartill, CFP

Is Time Running Out to Lock in a CD Yielding 5% or More?

If the Federal Reserve cuts interest rates, expect CD yields to drop. Find out if a high-yielding CD is a good place to store your savings if that happens.

Folded currency bills in the shape of a house

Aug. 16, 2024 | By Ashley Maready

Here's Why I Didn't Keep My Home Down Payment in a CD -- Even With Rates at 5%

CDs have sky-high rates that coincided with one writer's major savings goal. Here's why she skipped them in favor of another high-rate bank account.

A red piggy bank against a yellow background

Aug. 16, 2024 | By Emma Newbery

Do You Need $20,000 in Savings? Here's How to Find Out

Whether it's $5,000 or $20,000, an emergency fund can help you handle the unexpected. Learn how to work out what you need and how to build it.

Aug. 15, 2024 | By Brittney Myers

3 Great CDs to Check Out in August

Interest rates may go down soon, so it's good to lock in rates right now. Start with these three competitive CDs.

Two men in thought looking at a laptop screen together.

Aug. 14, 2024 | By Kailey Hagen

Prediction: 5.00% APY CDs Won't Be Around Much Longer. Should You Open One Now?

Cooling inflation means the end of 5.00% APY CDs is near. Here's how to decide if you should open one now.

A couple discusses their finances with a bank associate.

Aug. 14, 2024 | By Emma Newbery

Don't Miss Out: CD Rates Might Start Falling in September

Banks are still offering CD rates of 4% or 5%, but that won't last for much longer. Act now to lock in a high APY before rates fall.

Aug. 14, 2024 | By Natasha Etzel

How to Build a $1,000 Emergency Fund Before 2025

Having $1,000 in an emergency fund is a good way to prepare for unexpected expenses. Here are several strategies to save $1,000 over the next few months.

A calculator, pad, and pen against a yellow background

Aug. 13, 2024 | By Natasha Etzel

Here's One Benefit to Interest Rates Staying Unchanged for Now

A recent Fed meeting resulted in no interest rate changes. Here's why savers can benefit from the federal funds rate remaining steady.

Man uses laptop while another person sits behind him on the couch.

Aug. 13, 2024 | By Lyle Daly

4 Benefits of Keeping All Your Money With the Same Bank

Many Americans have accounts with multiple banks. Find out why using the same bank for all your accounts could be a better way to go.

A person sitting at a sunny dining room table and typing on a laptop.

Aug. 13, 2024 | By Kristi Waterworth

3 Reasons to Open a CD in August

There are plenty of rumors swirling around about the federal funds rate being cut in September. Now is the time to buy a CD -- here's why.

Aug. 13, 2024 | By Chris Neiger

Don't Ignore These High-Yield Savings Opportunities in August

You have your pick of high-yield returns for your cash right now. Read on to find out which one might be best for you.

A wallet with a fan of five bills coming out of it

Aug. 13, 2024 | By Kailey Hagen

Wells Fargo Is Paying New Checking Account Customers up to $300. Here's How You Can Claim Yours

Wells Fargo is running a competitive checking account bonus for a few more weeks. Here's what you have to do to get it.