Banking Articles | Page 9
From get out of debt strategies to advice on improving your savings returns, we've got recommendations to help you make smarter banking decisions.
Recent Articles
Sept. 13, 2024 | By Jamie Matthews
CD Rates Are Dropping: How Locking Rates in ASAP Could Save You Hundreds of Dollars
CD rates are beginning to drop as the Fed meeting draws closer. Lock in a high APY today before rates fall further and guarantee yourself more interest.
Sept. 13, 2024 | By Dana George
Here's What Happens if You Deposit More Than $10,000 in Cash Into Your Checking Account
If you've ever deposited more than $10,000 into checking, it's been reported to the government. See what that means -- and why it's OK.
Sept. 12, 2024 | By Matt Frankel, CFP®
Do You Use a High-Yield Savings Account? Here's an Important Date to Mark on Your Calendar
The Federal Reserve's upcoming meeting could have big implications for your savings account interest rate. Keep reading for what you need to know.
Sept. 11, 2024 | By Matt Frankel, CFP®
One Important Date All CD Investors Need to Know
The Federal Reserve is set to start lowering interest rates. Here's when it will happen and what you need to know.
Sept. 11, 2024 | By Steven Porrello
3 Signs You're Keeping Too Much Money in Your Checking Account
Checking accounts aren't the best place for long-term money. Here are three signs yours might be overfunded.
Sept. 10, 2024 | By Ashley Maready
How Much Should You Put Into a CD? Here's One Way to Decide
CDs can be useful financial tools, but you need to be careful about the money you put into one. Learn how to make an educated decision.
Sept. 10, 2024 | By Ashley Maready
How Much Money Should You Keep in Your Savings Account? Here's the Sweet Spot
Yes, there is such a thing as too much money in savings. Keep reading to see how to decide your magic savings account target.
Sept. 10, 2024 | By Ashley Maready
3 Reasons to Switch Banks in September
There's never a bad time to find a new home for your money. Read on for a few solid reasons to make a change this month.
Sept. 9, 2024 | By Kailey Hagen
CD vs. Savings Account: Which Is the Best Place for Your Savings Right Now?
CDs and savings accounts can both make great homes for your savings, but the right one for you depends on your needs. Here's what you need to know.
Sept. 9, 2024 | By Ashley Maready
Your Emergency Fund Doesn't Belong in the Stock Market -- Here's Why
Why leave your emergency cash sitting around when you could invest it? Read on to find out why it's a bad idea -- and where to put the money instead.
Sept. 9, 2024 | By Matt Frankel, CFP®
Prediction: This Investment Will Beat 5-Year CDs
CDs can be a great way to establish a steady income stream, but they aren't the best long-term investments for everyone. Here's an alternative to consider.
Sept. 8, 2024 | By Margo Winton Parodi
Forget CDs. Here's Why I Doubled Down on Funding My High-Yield Savings Account Instead
Opening a CD means earning interest on your money practically risk-free. Take a look at why they're not necessarily the best choice for your cash.
Sept. 8, 2024 | By Matt Frankel, CFP®
This Is How Much Money You Can Make With $50,000 in a CD Ladder
A CD ladder can be a smart financial move. See how you might construct a $50,000 CD ladder, and what you can expect.
Sept. 7, 2024 | By Kailey Hagen
Frequent Debit Card User? You Need 1 of These 5 Checking Accounts
Debit cards are convenient, but most can't help you grow your wealth. Here are five accounts that offer rewards for debit card purchases.
Sept. 7, 2024 | By Dana George
5 Reasons I Switched From a Bank to a Credit Union
While their jobs are similar, banks and credit unions can be quite different. Here's why one writer switched to a credit union.
Sept. 6, 2024 | By Kailey Hagen
Prediction: High-Yield Savings Account Rate Cuts Are Just Around the Corner
We've enjoyed high savings account rates for the last few years, but that seems likely to come to an end. Here's why and what you can do about it.
Sept. 6, 2024 | By Kristi Waterworth
3 Ways the Federal Reserve's Interest Rate Decisions Impact Your Money
Dropping the Federal Funds rate is going to have some big impacts on both savers and borrowers. Read on to find out what's ahead for your money.
Sept. 5, 2024 | By Chris Neiger
3 Reasons to Pass on 5% CD Rates
Many CDs have impressive rates right now. Read on to find out why they still may not be the right fit for your finances.
Sept. 3, 2024 | By Steven Porrello
5 Great CDs to Check Out in September
Yields on certificates of deposit (CDs) could drop drastically after September. Here are five great CDs to buy before rates go down.
Aug. 31, 2024 | By Steven Porrello
3 Little-Known Ways to Avoid Taxes on CDs
Normally, CD interest is taxable on state and federal levels. But if you hold a CD in one of these accounts, see how you could avoid paying taxes on interest.
Aug. 31, 2024 | By Jamie Matthews
APY FOMO: Open a Long-Term CD Today Before Savings Rates Begin to Plummet
You could regret not taking advantage of today's high CD rates if you don't act now. Find out why.
Aug. 30, 2024 | By Lyle Daly
3 Reasons I've Never Opened a CD, Even With Rates Over 5%
CDs are paying spectacular interest rates, but they're not right for everyone. Check out a few reasons to consider other options for your money.
Aug. 28, 2024 | By Steven Porrello
Ranked: 3 of the Top Free Checking Accounts
You don't have to pay monthly fees to get a good bank account. Learn the top three checking accounts in 2024.
Aug. 28, 2024 | By Kailey Hagen
Unbanked? Here's How Opening Your First Bank Account Could Boost Your Wealth
You don't need to have a lot of money to make opening a bank account worth it. Here are some of the key benefits bank accounts offer.
Aug. 27, 2024 | By Emma Newbery
How Much Can You Deposit in a Checking Account?
The government wants to know about cash transactions of over $10,000, but it won't stop you making them. Learn more about checking account deposit restrictions.
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