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Banking Articles

From get out of debt strategies to advice on improving your savings returns, we've got recommendations to help you make smarter banking decisions.

Recent Articles

May 2, 2024 | By Natasha Etzel

Here's Why I Wouldn't Keep My Emergency Fund in a CD

It pays to choose the right bank account for your savings. Discover why you may want to put your emergency fund in a high-yield savings account instead of a CD.
May 2, 2024 | By Ashley Maready

5 Factors to Weigh When Choosing Your First CD

CDs are red hot right now. Here's how to choose between multiple options from multiple banks.
May 2, 2024 | By Christy Bieber

2 Reasons Buying a CD May Make More Sense Than Paying Extra on Your Home Loan

If you're paying extra on your mortgage, or thinking about doing so, CDs might be worth considering instead. Read on to learn why.
May 2, 2024 | By Kailey Hagen

3 Checking Account Features That Are Overrated and 3 That Really Matter

Some checking account features are worth your time, and others are just gimmicks. Learn how to tell which is which.
May 2, 2024 | By Maurie Backman

The Fed's Latest Decision on Interest Rates Is Great News for Savers. Here's Why

The Fed just voted to keep interest rates steady. Read on to see why that might benefit you.
May 2, 2024 | By Steven Porrello

The Single Best Strategy for Maximizing CD Profits in May 2024

CDs continue to pay out at generous rates in May 2024. Find out how to make CDs work even harder for you this month.
May 1, 2024 | By Christy Bieber

A CD Ladder Could Be a Perfect Investment for Retirees. Here's Why

A CD ladder is a great place to keep money you don't want in the market. Find out why it's ideal for retirees who need generous returns, but accessible cash.
May 1, 2024 | By Maurie Backman

Why You Should Lock in a CD ASAP After the Fed's Latest Decision

The Fed just made an announcement on interest rates. Read on to see why it should prompt you to open a CD.
May 1, 2024 | By Kailey Hagen

How Much Money Should You Keep in a Savings Account in Retirement?

This important decision affects how long your money will last. Here's how to decide how much you should keep in savings in retirement.
May 1, 2024 | By Matt Frankel, CFP®

I Bond Interest Rates Just Fell. Are They Still a Smart Place to Put Your Money to Work?

The yield from inflation-protected savings bonds just got lower. But keep reading to learn the rest of the story.
May 1, 2024 | By Chris Neiger

Young Investor? Avoid These Mistakes When Starting Your First CDs

CDs can be a great place to put your money, but there are a few drawbacks. Read on to find out a few common pitfalls investors should look out for.
May 1, 2024 | By Christy Bieber

Getting Started With CD Investing? This Is the Best Strategy to Try

If you want to take advantage of today's high CD rates, building a CD ladder could be the way to go. Learn why this strategy makes sense for beginners.
April 30, 2024 | By Kailey Hagen

3 Little-Known CD Perks to Watch For

CDs are a great way to grow your wealth, but it can be tough to know which to choose. Here are three CD perks that could make a difference for you.
April 30, 2024 | By Christy Bieber

You Could Earn Double the Best CD Rates With Low-Risk Investments. Here's Why You Want to Buy a CD Anyway

CDs are paying 5.00% right now, but you could earn 10% via another investment. Find out why you may still want a CD anyway.
April 30, 2024 | By Christy Bieber

You Could Earn a Guaranteed Rate Above 5% If You Invest in a CD. Here's Why It's Not a Good Idea for Everyone

CDs can be a great investment only in some circumstances. Read on to learn when to avoid CDs.
April 30, 2024 | By Lyle Daly

The Unexpected Downsides of Keeping Too Much in a Savings Account, Even With Rates Above 5%

It's possible to overfund your savings account, and it causes more issues than you may realize. Check out the unexpected downsides of doing this.
April 29, 2024 | By Maurie Backman

3 Reasons I Have a Larger Emergency Fund Than I Probably Need

This writer doesn't skimp on emergency savings. Read on to see why.
April 29, 2024 | By Cole Tretheway

3 of the Best Checking Accounts for High Schoolers Under 18

Checking accounts replace cash in wallets. Here's where to find the best checking accounts for high school teens.
April 29, 2024 | By Kailey Hagen

Are CDs a Good Investment for Seniors?

CDs offer a safe way to grow the wealth you've worked so hard to build. Find out how to know if they're right for you.
April 29, 2024 | By Lyle Daly

The Unexpected Downside of Keeping Too Much Money in Your Checking Account

A checking account isn't the place to keep large amounts of money. Discover a rarely discussed downside of doing so and how it could lead to financial issues.
April 28, 2024 | By Kailey Hagen

5 Little-Known Bank Fees That Could Cost You a Fortune

The right bank account could make you money, but too many fees could cost you more than you earn. Here are five fees to watch out for.
April 28, 2024 | By Christy Bieber

This Longstanding Rule of CD Investing Doesn't Apply Right Now

For a long time, longer-term CDs have offered higher rates than shorter-term CDs. Learn how current economic conditions have upended this rule.
April 28, 2024 | By Kailey Hagen

Can't Decide Which Bank Is Right for You? 5 Questions to Ask Yourself

The bank you choose has a serious effect on your finances. Take a look at five questions to consider when deciding which institution to work with.
April 28, 2024 | By Maurie Backman

Is a 3-Month CD Even Worth It?

A CD could score you a higher interest rate on your money than a savings account. But is it worth opening a really short-term CD? Read on to find out.
April 28, 2024 | By Maurie Backman

3 Strategies to Boost Your Emergency Fund by $1,000 by the End of the Year

Want to grow your emergency savings nicely? These moves could leave you with an extra $1,000 by the time 2024 wraps up.