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

Why Haven't You Ditched Your Bank for a Credit Union? 1

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 fees to simply have a bank account. Many bank customers are unsure of where to turn when dissatisfied with … Read more Why Haven’t You Ditched Your Bank for a Credit Union?

Using Virtual Bank Accounts to Reach Savings Goals

Using Virtual Bank Accounts to Reach Savings Goals 7

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 for the future difficult, however for most people there are two main problem areas.  The first being a lack … Read more Using Virtual Bank Accounts to Reach Savings Goals

Alternatives to Savings Accounts: CDs and Money Market Accounts

Alternatives to Savings Accounts: CDs and Money Market Accounts 10

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 very high yields. While your emergency fund isn’t necessarily meant to produce big time yields, it is nice if … Read more Alternatives to Savings Accounts: CDs and Money Market Accounts

Savings Basics: How to Get Started with Savings Accounts

Savings Basics: How to Get Started with Savings Accounts 17

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 of how you can get started with savings accounts. The article will cover types of savings accounts, how to … Read more Savings Basics: How to Get Started with Savings Accounts

How to Choose the Best High Yield Savings Account

While traditional brick and mortar banks can be very convenient, they can rarely compete with the higher interest rates offered by their online counterparts. Personally, I think these online high yield accounts are the best place to stash your emergency fund and save up for your short-term goals, such as, saving money for down payment … Read more How to Choose the Best High Yield Savings Account