Mint.com is Closed: Here are the best alternatives.
A lot has changed in the world of banking over the last 25 years. Gone are the days of checkbooks and passport savings accounts and here to stay are the apps, apps and more apps. And yet, when you have a look at the largets banks in the world, they’re all members of the old-school…
Perhaps the biggest drawback to a certificate of deposit is that you have to lock your money away for the term of the CD. While you can withdraw your deposit early, with most CDs you get hit with a penalty equal to several months’ worth of interest. One alternative to having a less than fluid…
Wealthfront is moving into a new area of banking by now offering what they call the Wealthfront Cash Account–essentially a hybrid checking and savings account. We break down the features, fees, and rates in our Wealthfront Cash Account review. Related: Wealthfront Review What is Wealthfronts Cash Account? Wealthfronts Cash Account is a new account offered…
Most of us use a lot of tools to manage our money, budget, investments, and so forth. So I thought I’d pull together a list of the tools I use nearly every day. Hopefully, you’ll find some options here that will help you make the most of your money. Investing (Personal Capital is now Empower)…
How much should you be saving? It’s a question that we ask a lot, and there are a number of rules of thumb. One answer is based on the 50/20/30 budgeting system. Popularized by Senator Elizabeth Warren, this rule of thumb suggests we should be saving 20% of our income. Any general guideline, however, has…
This past weekend I set up direct deposit for a business payment I receive each month. The vendor required just three pieces of information: (1) the name of my bank, (2) my account number, and (3) the bank’s ABA Routing number. What is an ABA Routing Number? An ABA routing number is a unique, nine…
I’ve banked online for years. First, my brick-and-mortar bank went online. Then I opened several accounts with online banks that don’t have branches. My guess is you bank online, too. According to Statista, as of 2020, as many as 1.9 billion individuals worldwide actively used online banking services with that number forecasted to reach 2.5…
Type ‘broke athletes’ into Google and you’ll see a hall of fame that no athlete wants to be in. For example, boxer Mike Tyson’s career earnings of $300 million were gone by the time he filed for bankruptcy in 2003. NBA star Jason Caffey, who earned $35 million, filed for bankruptcy in 2007. Footballer Warren…
What’s better, to save $100 or to make $100? The hands-down winner is to save $100. Why? Because if you make $100, you have to pay Uncle Sam a big chunk of it. However, reducing your expenses by a Benji — as my daughter likes to call the C-Note — is more akin to getting…