Banking

Building your savings is the first step toward building your wealth. This section covers information about deposit accounts such as savings, money market, checking and certificate of deposit. These accounts are the foundation of a strong financial plan and our articles will help you get the most of your savings. Additionally, check out related articles in these sections: investing, financial planning, and real estate and homeownership.

Savings is a subsection of asset management.

Americans’ Savings Behavior and Credit Card Tips [Infographic]

Americans’ Savings Behavior and Credit Card Tips [Infographic]

Recently, BillShrink released an infographic about savings and credit card payoff trend based on their user data as a litmus test for Americans’ behavior. How much are Americans putting away in their savings? Based on their […]

Why Haven’t You Ditched Your Bank for a Credit Union?

Why Haven’t You Ditched Your Bank for a Credit Union?

In reaction to the financial crisis, the Federal Government instituted changes within the financial industry. Banks have reacted to this and passed along some of the expenses associated with the new regulations, even things like maintenance […]

The Pros and Cons of Mobile Banking

The Pros and Cons of Mobile Banking

The way in which we manage our personal finances has come a long way over the years. Advances in technology have made it possible to not only conduct much of your banking and bill paying from […]

Where Should You Keep Your Emergency Fund?

Where Should You Keep Your Emergency Fund?

The economic tumble we witnessed in the past several years should convince us of the importance of having an emergency fund. As we have seen, markets, and life in general, are unpredictable. It’s smart to have […]

Using Virtual Bank Accounts to Reach Savings Goals

Using Virtual Bank Accounts to Reach Savings Goals

Saving for the future is important.  We all know this to be a fact, nevertheless for some people saving money remains a challenging aspect of managing their finances.  There are many obstacles that can make saving […]

Alternatives to Savings Accounts: CDs and Money Market Accounts

Alternatives to Savings Accounts: CDs and Money Market Accounts

You know that having an emergency fund is important, that building up savings is a wise thing to do for your financial health. However, you have also probably noticed that savings accounts generally do not provide […]

What Affects the U.S. Savings Rate [Infographic]

What Affects the U.S. Savings Rate [Infographic]

My friends over at GoBankingRates.com sent me this infographic, which shows a few interesting facts about the U.S. Savings Rate. The first box shows the U.S. household savings rate dropped from 6% in 1993 to less […]

How to Build Savings from Spare Change

How to Build Savings from Spare Change

“See a penny, pick it up. All day long you’ll have good luck.” This little poem is one that I remember from my youth. It was brought back to my attention as my son and I […]

BB&T Customer Service Nightmare and How to Avoid Overdraft Fees

BB&T Customer Service Nightmare and How to Avoid Overdraft Fees

I had a really bad banking experience last week – actually, it took place over 7 days and is still not quite over. I was going to blog about it and rat out the bank, but then […]

Savings Basics: How to Get Started with Savings Accounts

Savings Basics: How to Get Started with Savings Accounts

One of the keys to financial freedom is developing a habit of saving. It sounds really basic, but many people have trouble with this, and many just don’t know how to start. Here is an overview […]

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