Compound interest is the eight wonder of the world. He who understands it, earns it; he who doesn't, pays for it.- Albert Einstein Most people are
Banking: Checking, Savings, CDs and More
The typical checking account is the bedrock for most household finances. It serves as the daily inflow and outflow portal for things like everyday purchases, paychecks, bills, and debt payments. While most checking accounts offer similar features, they are not all created equal.
Checking accounts are what banks refer to as "sticky products." They know once you have used them for a while, they are incredibly hard to change. This helps your bank keep you as a customer, even if you think about going somewhere else.
Below you will find the latest information about all things related to checking accounts. These articles and guides will help you make the best decision about where your most-used banking product should be kept, and how best to use it.
While not as flashy or feature packed as a checking account, savings accounts play a vital role in personal finance. They provide a convenient way to separate money from your daily funds, and in some cases may pay a little interest for the privilege.
Certificate of Deposit (CD)
Considered one of the safest place to park cash, the certificate of deposit (or CD for short), is a great tool for holding money over a set period of time. CDs are FDIC insured up to $250,000, so savers can be sure their money will be there when they need it.
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Latest Articles About Checking, Savings and CDs
Your bank is more than just a place that holds your money. It's a company you trust to watch over your finances, alert you in case of fraud, and
What is a Savings Account? A savings account is a safe place to park your money and earn interest. In simple terms, it is a bank-offered product
Checking accounts offer a flexible vehicle to hold and distribute funds regularly. These versatile, often free transaction accounts can help you
A certificate of deposit, or CD, is a type of savings account found at commercial banks and credit unions. You lend money to the bank, in return you