Rob Sabo

Opening a checking account at an FDIC-insured bank is your ticket to financial convenience. There are many different kinds of checking accounts. We’ve created this guide to checking accounts to help you determine which type of account best fits your needs. How Does a Checking Account Work? A checking account is a basic financial tool… Continue reading Smart Money Management: Finding the Perfect Checking Account

Ancient Greek philosopher Aristotle reasoned that the primary purpose of money was as a medium of exchange for goods and services. Those of us living in the 21st century know that money serves many more functions, including the ability to earn more money on savings and other types of interest-bearing accounts. With a bit of… Continue reading How Can You Earn the Most Interest on Your Money?

After 11 interest rate hikes between early 2022 and mid-2023, the Federal Reserve lowered the interest rate earlier this fall. The Federal Funds Target Rate spiked from a meager .25% in 2020-22 to 5.5%, and it remained there for more than a year until it was lowered by 0.5% in September 2024. Those high interest… Continue reading Here’s How Much You’ll Earn in a Year If you Invest $10,000 in a CD Now

While not very common anymore, every once in a while, shoppers get stuck in line behind someone writing out a paper check to pay for their groceries or purchases. Most consumers have embraced the conveniences of the digital age, which includes using debit and credit cards or digital wallets on smartphones to pay for everyday… Continue reading Can You Do Your Banking & Pay Bills Without Paper Checks?

Running out of money is about as much fun as getting a flat tire on a busy freeway. If you’ve ever wished your bimonthly payday could come a bit earlier because you are in dire need of money, you might be in luck if your financial institution offers early direct deposit. In this guide, we’ll… Continue reading How to Get Your Paycheck Early: 20 Banks That Offer Early Direct Deposit

Banks, credit unions, and online financial institutions typically charge a range of fees for checking accounts. If you aren’t paying close attention to your financial institution’s fee schedule, you could be throwing away money each month since most of these fees can be avoided or waived altogether by meeting specific minimum monthly requirements. A MoneyRates survey found… Continue reading How to Avoid Checking Account Fees: A Guide to Saving Money

If earning cash back whenever you make purchases with your debit card sounds appealing, a rewards checking account could be worth checking out. MoneyRates created this guide to rewards checking to help you better understand this type of bank account and determine if it aligns with your banking needs. What Is Rewards Checking? Standard checking… Continue reading From Cash Back to Interest Rates: Find Out if a Rewards Checking Account Is Worth It

Saving money does much more than provide you with financial security and added peace of mind. It alleviates stress and sleepless nights spent fretting over money. It allows you to pay for necessary and emergency expenses. A healthy savings account is also an essential starting point for making investments that can increase your net worth.… Continue reading The Power of Micro Savings Accounts: Building Wealth One Penny at a Time

Opening a new checking account to take advantage of a sign-up bonus can be beneficial, but before you rush to your bank or credit union for your free money, you should understand all the account details and requirements to earn the bonus. Banks are offering ever-larger financial incentives to lure in new customers, with many… Continue reading Is a Sign-up Bonus Worth Switching Checking Accounts?

Long before it became possible to manage your financial affairs with a few keyboard strokes and mouse clicks, people had to visit bank branches to complete their banking business physically. Sure, you could take a few $20s out of your account using the automated teller outside, but most transactions required you to work directly with… Continue reading Guide to Online Banking: How to Find the Best Online Bank