Save Money

If you’re ready to teach your child about money management, giving your child their own debit card and allowance gets them off to a good start. But there are advantages and disadvantages. The post Opening a Child’s Bank Account (At a Young Age) — Pros & Cons appeared first on Money Crashers. https://www.moneycrashers.com/opening-childs-bank-account-pros-cons/ #financialliteracy #financialfreedom […]

Most of the articles on this site are geared towards folks who are around the start or mid-point of their working years – partly because that’s my perspective. From time to time, I have folks near or in retirement ask me questions about Social Security. I want to admit right at the front that I’m

A gas rewards credit card can help you save at the pump. But maximizing its rewards takes some work.  The post Gas Rewards Credit Cards — How to Get the Most Out of Them appeared first on Money Crashers. https://www.moneycrashers.com/gas-rewards-credit-cards-get-most/ #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment

Your transaction seems to be taking forever to process as the line at the register grows behind you. The terminal emits a loud beep and that dreaded word, “declined,” appears on the screen. Now what? The post Why Was My Credit Card Declined? — Reasons & How to Stop It appeared first on Money Crashers.

SaveBetter, known for partnering with smaller regional banks to offer high interest rates on savings, money market, and CD accounts; is “changing” its name to that of its parent company – Raisin. Raisin GmbH is SaveBetter’s parent company. They’ve been operating out of Europe since 1973 and have partnered with ~400 banks across 30 countries.

This post will cover the best 5-year CD rates that we know about but I want to add a caveat – I don’t think a 5 year CD at these rates makes a whole lot of sense. We are currently in a rising interest rate environment. The Federal Reserve has been increasing interest rates for

I’ve been following certificates of deposit for a while now. Yes, I’m a weirdo. People love 12-month CDs and 60-month CDs (5 years) because they’re easy to think about. We like the 3-month, 6-month, and 9-month terms because they’re nicely spaced out. Sometimes people will consider a 24-month CD too. But lately banks have been

Have you ever wondered how much money you should be saving? Unfortunately, the answer to that question isn’t always as obvious as you might think. Savings rates for individuals and families will vary based on a number of factors. Your income, expenses, where you live, and your personality type all play a role in how

When you open a new brokerage account, there’s a good chance they asked you for your risk tolerance. Are you aggressive? Are you conservative? Can you stomach a loss of 10%? 20%? 50%? I believe these are stupid questions because they focus on the wrong things. And I have to believe that brokerages know this!

One of the ironies of credit is that it’s hard to establish. Credit card companies won’t give you a card if you don’t have good credit and you can’t build credit unless you get a credit card. To get around this, you forced to use sub-optimal credit cards, like a store branded credit card or

Upgrade is a financial technology company that offers banking services through a variety of banking partners. They’re known for their personal loans but they also offer deposit products, like a rewards checking and savings account, as well as credit and debit cards. Checking and savings accounts are provided by FDIC-insured Cross River Bank and their

Have you ever calculated how much your time is worth? As they say, money is time. There are so many ways to do it. You can take your salary and divide it by 2,000. You can take a multiple of that, say 2x or 3x. Or you can just say “I’m valuing it at $X”