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Banking Articles | Page 4

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

young man sitting at kitchen table writing a check
Feb. 9, 2025 | By Jake FitzGerald

Here's Why Your Checking Account Should Have as Little Money as Possible

Checking accounts earn very little interest. Find out where to put your cash so it can earn more money for you.
Older woman getting assistance from a bank teller.
Feb. 9, 2025 | By James McClenathen

Here's What Happens if You Deposit More Than $10,000 in Cash Into Your Bank Account

Cash deposits of over $10,000 must be reported to the federal government. You shouldn't have any problems, though -- just follow these rules.
A happy couple with a calculator and bills.
Feb. 8, 2025 | By James McClenathen

Here's How Much $10,000 Would Earn in a 6-Month CD Right Now

Putting $10,000 in a 6-month CD could earn you $200 or more at today's rates. However, there may be better places to put your money. Read on to find out where.
A bank teller smiles to a customer from behind her desk.
Feb. 8, 2025 | By Jake FitzGerald

Banks Won't Tell You This: Why You Shouldn't Keep an Extra $10K in Your Checking Account

Having more cash than you need in a checking account might make you feel financially secure. But find out how you could be missing out on thousands of dollars.
Man sits at laptop and appears to be in thought.
Feb. 8, 2025 | By James McClenathen

3 Reasons Not to Open a CD Right Now -- Even With Rates Over 4%

CDs offer respectable APYs right now, but there are probably better places for your money. Here are three reasons to ignore CDs.
Man reading newspaper and looking at a tablet
Feb. 7, 2025 | By Jake FitzGerald

Could Tariffs Push Interest Rates Higher? Here's What It Means for Your Wallet

Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and what you can do to protect yourself.
Bank teller assisting a customer with cash transaction.
Feb. 7, 2025 | By Jake FitzGerald

Here's What Really Happens When You Withdraw $10,000 From Your Bank Account

A $10,000 bank transaction triggers the government to automatically look into it. Learn what actually happens.
A woman looking at her finances with a laptop and phone.
Feb. 7, 2025 | By James McClenathen

This Bank Account Pays a 4.75% APY. Should You Open One Now?

Quontic's money market account pays a top-notch APY, which almost no savings account can match. Learn what else makes this MMA a great place for your savings.
A woman sitting in a sunny window seat and checking her tablet.
Feb. 4, 2025 | By Taylor Giovan

Why I Switched My High-Yield Savings Account -- and How You Can Earn More, Too

There's a really good chance you're not earning as much interest on your savings as you could be. Find out how to earn more on your cash.
Man sits at counter with phone on laptop utilizing online banking.
Feb. 4, 2025 | By Jake FitzGerald

How Much Money Should You Keep in Your Checking Account? The Answer Might Surprise You

Pretty much everyone has a checking account, but most people don't know how much money to keep in theirs. Find out the sweet spot.
Two men in thought looking at a laptop screen together.
Feb. 4, 2025 | By Jake FitzGerald

4 Signs You Should Skip CDs Despite the 4% Rates

CDs are a useful financial tool to lock in a set return -- but they're not for everyone. Learn if CDs are right for you and how to make the most of your money.
Woman making calculations as she uses her laptop.
Feb. 3, 2025 | By James McClenathen

Here's the Single Best Strategy for Investing in CDs

CD laddering can boost your savings with better interest rates and regular access to cash. Learn how it works to start your own CD ladder today.
A woman sitting at her kitchen table and typing on a laptop next to paperwork.
Feb. 3, 2025 | By Jake FitzGerald

The Bank Account Hack That Could Save You Hundreds Every Year

You could be losing hundreds of dollars a year just due to the savings account you're using. Learn the one move you can make to start earning more every year.
Mature couple smiling with cellphone in hand while sitting outdoors among background of mountains
Feb. 2, 2025 | By James McClenathen

Here's the Average Wealthy American's Retirement Savings. How Do You Compare?

The top 10% of Americans by net worth have about $1.3 million saved for retirement. Learn how ordinary people can achieve that, too.
older couple smiling as they drive in a convertible
Feb. 2, 2025 | By James McClenathen

Do You Really Need $1 Million to Retire?

You may need $1 million to retire at 65 and keep your standard of living. However, the amount you should save depends on many factors. Find out what they are.
A young woman reviews her personal finances using print-outs and a tablet at home.
Jan. 31, 2025 | By Jake FitzGerald

Saving for Retirement? Don't Make These 5 Huge Mistakes

Everyone needs to save for retirement. Be sure you're not making any of these mistakes that will cost you later in life.
A young man sitting on his couch with his laptop open and his dog sleeping next to him.
Jan. 31, 2025 | By James McClenathen

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

I'm moving money out of my high-yield savings account and into investments in my Roth IRA. Read on to learn why -- and why you may want to do the same.
Woman at computer budgeting.
Jan. 31, 2025 | By Jake FitzGerald

Master Your Money: How Google Sheets Can Help You Build the Perfect Budget

Google Sheets can't be overlooked when it comes to budgeting. It's customizable, free, and available to everyone. Learn what you're missing out on.
A woman using an ATM on a sunny street.
Jan. 28, 2025 | By Jake FitzGerald

5 Hidden Fees You're Paying at Your Bank (and How to Avoid Them)

You might be paying bank fees without even noticing. Learn what some of the most common fees are and how you can bypass them.
A pile of money with a seedling growing out of it
Jan. 27, 2025 | By James McClenathen

Here's How Much Money You Can Make With $10,000 in a High-Yield Savings Account

A high-yield savings account could earn you thousands of dollars more than an average bank account. Learn what the best savings accounts are paying now.
A smiling woman holding a piggy bank.
Jan. 27, 2025 | By James McClenathen

Ranked: The 3 Best Places to Put Your Money in 2025

These investments could return 4% to 21% per year. Learn what they are and what makes them the best places for your money.
Woman taking notes while using a laptop
Jan. 27, 2025 | By Jake FitzGerald

Cashing Out a CD at Maturity? Don't Make These 4 Common Mistakes

If you don't pay attention to your CD's maturity date, you can get locked into an account that you don't want. Learn how to make the most out of your earnings.
Man with glasses looking at laptop.
Jan. 26, 2025 | By James McClenathen

3 Reasons I Switched to a SoFi High-Yield Savings Account

SoFi® offers better rates and more perks than most traditional banks. Learn what makes SoFi® a great choice for banking -- and why you may want to switch, too.
A young woman sitting on the floor with a calculator, laptop, and notebook.
Jan. 24, 2025 | By James McClenathen

Why I'm Not Opening Any CDs in 2025 -- Even With Rates Over 4%

There are better places for me to put my money than CDs. Find out what they are and what makes them great.
Couple using laptop and calculator together smiling.
Jan. 17, 2025 | By James McClenathen

Forget CDs, Even With Rates Over 4%. Here's Where to Put Your Money Instead

Certificates of deposit offer decent interest rates right now. But for most people, there are two better alternatives. Find out what they are.