Tag Archives: interest rates

The Mango Visa Prepaid Debit Card… Which Offers 6% Interest!

Yes, the Mango Prepaid Debit Card gives 6% interest for funds held in the complimentary savings account (at First Bank & Trust). This high interest rate pales in comparison to traditional savings accounts. 6% is completely outrageous for 2015! It’s definitely … Continue reading

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The Highest Yielding Savings Account in America…

According to DepositAccounts.com, this is the highest yielding savings account available in the United States at 1.25% APY. It’s also a no fee and no minimum savings account. Basically, if you’re in search of the highest-yielding savings account available, you … Continue reading

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Detailed American Express Savings Account Review

That’s right – American Express offers more than just credit cards. They also offer a way to save money – by way of an actual savings account. This was news to me as well until recently. I want to start … Continue reading

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Labor Department Says Economy Created 280000 New Jobs in May

The economy appears to be in better shape than many economists had thought. The Department of Labor released the monthly jobs report which featured strong numbers for May. The report showed US businesses added 280,000 new positions for the month, … Continue reading

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US Economy Adds 257,000 New Jobs in January, 1 Million in Three Months

Last month, approximately 257,000 new jobs were created in both high- and low-paying industries according to a report from the Labor Department on Friday. The past three months have now seen the addition of 1 million jobs and thus represents … Continue reading

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Time to Refinance? Dropping Mortgage Rates Should Make You Consider the Option

With the drop in mortgage rates seen this week, millions of Americans are now asking themselves if it’s finally time to refinance their mortgage. The sudden drop in rates, caused by plunging stocks as fears over Ebola, global economic weaknesses, … Continue reading

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Credit Karma Warns Shoppers Who Get Store Credit Cards for a Discount

It wasn’t that long ago when retail stores would offer you a freebie to open up a credit card account. While this still happens, there has been a shift to retail outlets offering an immediate percentage discount off of a … Continue reading

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Money Topics They Don’t Teach in High School, but Should

One of the biggest disgraces of the school system is that it often fails to teach basics that we all need for everyday life once we graduate. A prime example of this is basic personal finance. If we could get … Continue reading

Posted in Budgeting, Credit Cards, Debt, Education, Insurance, Investing, Personal Finance, Retirement, Saving Money, Taxes | Tagged , , , , , , , , , , , , , , , , | 5 Comments

Death by Debt: 25 Ways You’re Killing Your Credit

By Jason Bushey Few sectors of personal finance are as misunderstood as credit. We’ve all been passed on some semblance of how credit score works by our parents, but often those before us are as confused about their scores as … Continue reading

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10 Advantages of Using Multiple Financial Institutions

I have several acquaintances that do all of their banking with one institution. (Typically it’s the bank that holds their mortgage or where they have a large investment account like an IRA or 401K.) They use that one bank for … Continue reading

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Pay Attention: Changes Affect Money

I wrote a few weeks ago about how many people are upset about the end of the Social Security tax holiday. Now that tax rates have returned to 6.2%, many people are struggling to readjust their budgets because they’d come … Continue reading

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Using Credit as an Emergency Fund is a Bad Idea

Not too long ago my neighbor needed a new water heater. After it was installed, we went on one of our daily walks and she moaned about the expense and hassle. “Well,” I said, “at least you covered it out … Continue reading

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How A Good Credit Score Can Save You Money

By Bethy Hardeman for Credit Karma You’ve heard it before: You should improve your credit. But do you know just why you should focus on your credit health? It’s not just because you can qualify for credit cards with great … Continue reading

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You Have Too Much Cash and It’s Costing You Money

Dan Ariely, a professor of Behavioral Economics at Duke University, says that studies show that when people pay off loans, they pay off the small loans first rather than the loans with the highest interest rate. Studies also show that … Continue reading

Posted in Credit Cards, Debt, Personal Finance, Saving Money | Tagged , , , , , , , , , , | 7 Comments