Series of articles to understand your options for banking. We cover ins and outs of checking and savings accounts, different types of banks, etc.
In 2003, I first heard about digital banks like Up and Chime and how they were offering so much better interest than all the brick-and-mortar banks. At the time, I felt extremely uncertain about investing my hard-earned money in a bank that I couldn’t see and touch if I wanted to get my money out.
Last week, I walked out of the grocery store to my car with a bag of groceries in one hand and my phone, wallet and a pack of gum in the other. As soon as I saw the gum, I thought, “Shoot, I didn’t pay for this!” I was immediately struck with guilt and knew
In his recent Friday Forward blog, author and CEO Robert Glazer, shares the “pot roast” story (you may know it): A mother was preparing a pot roast for her family’s Easter meal while her young daughter helped. Knowing her daughter was very curious, the mother clarified each step. As she was preparing to put the
I’ve made a lot of mistakes with my wallet. A dress shirt that didn’t quite fit – mistake. A monthly subscription I hardly used – mistake. A toy that my daughter is not (and probably never will be) interested in – mistake. Extra queso at Qdoba – nah that was worth it, never mind. As
I have to admit that I’m a bit of a sucker for free stuff. Especially when it comes with $ signs in front of it. The latest that arrived in our mailbox came from a local bank that was offering a $250 bonus if you spent $250 in your first 60 days of opening the
Early last year, I stumbled on a fascinating post about probably one of the largest (if not, the largest) personal checks ever written. In late 2014, an Oklahoma County judge ordered oil billionaire, Harold Hamm, to pay his ex-wife $995.5 million. A couple months later, Hamm wrote out a check in the amount of $974,790,317.77 to his ex-wife,
We use banks almost every day of our lives – yet we rarely (if ever) think about how they operate. I thought it would be fun to take a brief, “banking 101” view of how the banking system works. Types of banks When I was younger, my father took me into a bank near our
Checking, savings, CDs and money markets. Mortgage loans, auto loans, credit cards, personal loans and student loans. Insurance, investment, ID theft protection, mobile banking, online banking, bill pay, and overdraft protection. National banks, community banks, and credit unions. Navigating your way around banking can be time-consuming and confusing. Fortunately, we’ve got an insider in the
Lately, I’ve been watching a video series on personal finance at Lynda.com that is taught by financial advisor, Jane Barratt. If you are wanting to learn more about personal finance OR just need a few extra tips and insights about your finances, I’d highly recommend you check it out. In the series, Barratt mentioned something very
I work in the IT industry as a virtualization engineer, and 90% of my job is about reducing risk, eliminate single points of failure and implementing redundancy. Everyday a number of situations arise in my regular job that make me think of how my requirements can apply to personal finances. Recently, when Cyprus depositors lost
