Articles with advice on how to best use your checking account + comparisons to accounts at various banks.
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.
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,
Have you ever considered when might be a good time to pay with credit vs with a debit card? While not big proponents of using credit cards – especially when you are just starting out or have poor money management skills – there are times when it makes sense to use credit vs paying with
It’s all about the overdraft Student debt has a funny way of grounding most university graduates before they even get to fly. After all, it’s quite a daunting prospect having to leap from the nest of tertiary education into the wide open world of financial self-sufficiency with a $30,000 debt shackled to your newly fledged
Last year when I talked about about how to stop living paycheck to paycheck – passive income, I started putting into practice one of the key concepts by splitting up my fixed and variable expenses. By doing so I was able to differentiate my re-occurring bills from every other expense. My wife has even said, and
Shortly after my wife and I were married, I decided it was a good idea to lay off my anal-retentive checkbook balancing that had gone on for many years as I dug myself out of debt. In fact (and I’m ashamed to admit this) I almost entirely stopped tracking our expenses altogether. I figured we
If you are an iPhone user, you can now deposit checks simply by taking a picture of them! Using PayPal’s free iPhone app, a user simply snaps a photo of the front and back side of the check. Once deposited into your account, the funds can be spent or moved to a checking or savings
Like anyone else, I always like to get a good deal. At the same time I like to make my money work for me and this is why I frequently transfer money to our money market account or other investments. However, this has gotten me in trouble with overdrafts from time to time. The problem
