In the past I’ve advocated planning ahead for regular expenses that come up every year by setting up specific goal based savings accounts at places like Ally Bank or Capital One 360. I believe it’s a good idea to plan ahead for things you know are going to happen, so that when the time arrives […]
If you’ve been reading this site for a while now you probably know that I’m a big proponent of budgeting, paying cash for the things you buy, and in general not using credit in most situations. I think that so many people that are in financial dire straights right now would be so much better […]
Over the past year or so I’ve written quite a few reviews of online banks, talking about the histories and features of each respective financial establishment. Over the past year we’ve opened two separate savings accounts, one at Ally Bank since it currently enjoys one of the higher rates of interest, and one at Capital […]
Discover Bank has some of the highest interest rates in the country and all of their accounts are FDIC insured. They definitely have a solid bank offering.
A while back I started looking for a new high yield savings account to put our emergency fund in so that it would at least gain a little bit of interest while it sat in an account. We had the money sitting in an account at Bank of America, and last week I relayed my […]
A while back I talked about how my wife and I were looking to close out our account with Bank of America because the rate of interest that we were receiving on our money was not very good, even in today’s market with low rates across the board. Our account had a paltry .50% rate […]
If you’ve read this blog for any period of time you’ll probably know I’m not a huge fan of the big credit card companies. They tend to toe the line between what’s legal and illegal and in the end it’s always the consumer who gets hurt. My feeling on the topic is that in most […]
If you’re looking for a good high yield savings account where you can put your money, I think EverBank should be near the top of your list.
As I continue my search to find the best high yield savings accounts for our family, one that keeps showing up on my radar and that seems to have an extremely strong reputation is the online savings accounts from HSBC Advance. HSBC Advance doesn’t have branches, the accounts are online only – but it is […]
A week or so ago I talked about how I had opened a new online high yield savings account with one of the personal finance blogosphere’s favorite banks, CapitalOne360. CapitalOne360 is great because of a variety of factors, but for me the ability to set up sub-accounts, and to budget using their automatic withdrawals to […]
As I mentioned in a previous posting on high yield savings accounts, lately I’ve been looking for a new online bank where we can put our money. Our current savings account is with the same company as our mortgage (Bank of America), and I decided that I wanted our savings to be at a different […]
Interest rates have been dropping lately thanks to moves by Fed chairman Ben Bernanke, but what do the lower interest rates mean for you? Lower mortgage rates: At 5.67% in February (plus an average 0.4 percentage point), the average rate for a 30-year fixed-rate mortgage was near a four-year low. Credit card rates: Variable interest […]