Read more about saving money
It's a new year. And that means it's a fresh start -- a chance to abandon old habits and adopt positive new ones. One habit that can take you a long way in 2020 and beyond is consistently saving money when you can. There are many money savings tips out there: But which ones can best teach you how to save money?
Savings accounts tend to pay higher interest than checking accounts. Would it, therefore, make sense to put all your money in a savings account and use it to pay bills and make purchases? No, and here's why not.
Are you a frequent ATM user? See some simple tips to help you stop wasting money on ATM fees.
Savings accounts are common, but not nearly as common as checking accounts. This post asks the question: What's the difference? But then it answers the more important question: Why do you need one? (Because you do.)
If you don't have holiday savings in place yet, it's not too late. Learn what steps you can take to fund the holidays even if you're a little behind on saving.
Debit cards are a common feature on checking accounts but not on savings accounts. Can you get a debit card on a savings account? Learn about debit and ATM cards - but the bigger question is: Should you want one?
What's the difference between monthly compounding and daily compounding for your savings accounts - and does it matter? How can you decipher what banks offer on their savings products?
Do fed-rate cuts mean your savings will earn less interest? While rates generally may be falling, chances are you could take this opportunity to raise your rates.
Can you have too much money in a savings account? It might seem like a nice problem to have, but bank rate tiers and FDIC insurance limits may mean you should avoid keeping too much in any one account or at any one bank.
Should you have to pay just to access money in your savings account? Banks charge fees for certain transfers, but these fees can be easily avoided if you know how.