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3 Main Types of Deposit Accounts, Which One Should You Choose?

3 Main Types of Deposit Accounts, Which One Should You Choose? 6

There are three main types of deposit accounts you can use to save money for your financial goals. Depending on your needs, one or more of the accounts may be an ideal way for you to invest in the future whether you have specific financial goals or just want to build a suitable stash of … Read more3 Main Types of Deposit Accounts, Which One Should You Choose?

Best CD Rates, High Yield Certificate of Deposit Rates

Best CD Rates, High Yield Certificate of Deposit Rates 11

The following is a list of the nationally available highest yields CD rates. In general, certificates of deposit (CDs) are great investments because your principal is protected by FDIC insurance and your interest rates are guaranteed. Moreover, you can use CD Ladder to make your CD savings more flexible and effective. You can open certificates … Read moreBest CD Rates, High Yield Certificate of Deposit Rates

Joint vs. Separate Checking Accounts, Which is Better?

Joint vs. Separate Checking Accounts, Which is Better? 18

Some people swear by joint checking accounts. Others wouldn’t touch it with a 10 foot pole, and prefer to stay with separate checking accounts. Which is the better way to go? That probably depends on personal factors more than anything else.  Personal preference is a consideration, but there may be some other factors that are … Read moreJoint vs. Separate Checking Accounts, Which is Better?

Who are the Mass Affluent and Why Big Banks Want You

Who are the Mass Affluent and Why Big Banks Want You 20

Banks such as JP Morgan Chase, Citi, and Bank of America are rolling out the silver and fine china in the hopes of attracting a wealth segment that, heretofore, had been relegated to the masses while the 1% received the red carpet treatment. The mass affluent are now targeted as premier customers and they will … Read moreWho are the Mass Affluent and Why Big Banks Want You

Comparing CDs, Peer-to-Peer Lending, and Reward Checking Accounts

Comparing CDs, Peer-to-Peer Lending, and Reward Checking Accounts 24

Saving up a significant cash savings or an emergency fund capable of holding 12 months of living expenses is a Herculean effort in of itself. Once you have managed such a feat, the next question becomes what do you do with the money? Having it sit inside a big bank account earning 0.20% interest doesn’t … Read moreComparing CDs, Peer-to-Peer Lending, and Reward Checking Accounts