Bank or credit union: which one do you use? And what’s the difference anyway? The biggest difference between these financial…
Tag: savings accounts
If your emergency savings fund is looking a little sad these days – or worse, is non-existent – it’s time to get creative. After you’ve made as many cuts to regular bills and expenses as you can to free up cash for your savings, the next step is to increase the income side of the equation? Don’t have time for a second job? Don’t worry – there are plenty of unusual ways to earn cash without taking on another job.
Learn more about some of the great financial tools offered inside of Quizzle, including SmartyPig, an online “piggy bank” that helps people save for specific goals like a wedding, vacation, car, a down payment on a new home, home improvement or other “big ticket” expenses.
If you’re fortunate enough to receive a tax refund this year, you may be interested in stashing that money somewhere safe where it can grow. A US Series I Savings bond is considered by many to be a conservative investment for several reasons. Find out what perks the IRS is offering to put your tax refund into savings bonds, what the benefits of these investments are and if they’re right for you and your money.
Everyone is in pursuit of the highest interest rate savings account. Traditionally, opening a savings account requires a trip to your local bank. Modern times call for modern measures and now online savings accounts allow you to open and manage your savings account completely on the Internet. Before you run off to open your online savings account, first learn the pros and cons of each type of account.
If you happen to be sitting on some extra cash, you may be wondering how to put it to its best use. The answer depends on your personal financial situation. Learn how to assess your situation and determine when to save your cash, when to invest it and when to use it to pay down or pay off debt.
In more than a decade of financial planning for families, Certified Financial Planner, Kevin Worthley, has found a startling trend – most families do not have an adequate emergency fund. Yet, the consequences of not having such a safeguard can be disastrous. Kevin covers why it’s so important to have a rainy day fund and how to get started.
Do a little reading up on the relationship between investment risk and return and you’re likely to come across complex math models and detailed discussions about betas, coefficient of variation, negative correlation, standard deviation, capital asset pricing models, and on an on. Sound like a fun time to you? Me, neither. I learned all those models and terms in graduate business school (I had to, they made me), and while they’re definitely worth knowing, the basic concepts of risk and return are pretty simple.