How much money are you setting aside into your savings account? If you are not saving money, you could be leaving yourself vulnerable in the event of a large financial problem such as a job loss or medical expenses. Saving at least 10% of each paycheck is a great start to help you start focusing on saving money and building a large emergency cash reserve. Most banks will offer a free savings account when you open a checking account with them but the interest rate on the savings may be very low. … [Read more...]
Why Choose a High-Yield Savings Account
There are numerous options available to save your money but out of all the options the thing that will impact how much you can earn is the interest rate. Selecting a high-yield savings account is one of the best ways to save up for a rainy day and to also focus on earning more money than you can with a traditional savings account. Traditional Savings Account When you open a savings account with a traditional bank you are often stuck with a very small interest rate. The average interest rate … [Read more...]
Best Savings Accounts
You've heard the saying, "Keeping Up with the Jones'" but what if you could surpass the Jones? With the right bank, that has the best savings account rates, you can set the new standard that all of your neighbors will try to keep up with. Finding the Best Savings Account There are hundreds of different banks that offer some type of a savings account to get you to become one of their customers. The differences between savings accounts is usually the interest rates offered on the account. … [Read more...]
Capital One 360 Savings Account
The [mma bank='Capital One' alt= 'Capital One 360 Savings Account']~APY~% APY Capital One 360 Savings Account[/mma] is one of the best online savings accounts based on the higher interest rate and user-friendly options. With ING you do not need to change banks instead you can set up your checking account to link to your [mma bank='Capital One' alt= 'Capital One 360 Savings Account'] Capital One 360 Savings Account[/mma] and automatically transfer over the funds. Members are currently earning a … [Read more...]
How to Get the Best Return on Your Money
To have money set aside for your retirement you need to carefully invest your money. Most people have a checking account and a savings account but not everyone will focus on saving money or shopping around for the best rates to try and earn more money. If your employer provides a retirement account, it is a wise idea to invest in it as some will do matching contributions up to 3% in most industries. There are several different options that you can use in order to set aside money for your … [Read more...]
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