Nothing sparks procrastination quite like a to-do list of financial tasks. Sometimes the only thing scarier than making a financial choice in the first place is making the wrong choice, which can happen when you don’t totally understand what you’re doing. In that sense, the default — standing pat — is often easiest. Tackling money-related chores can … Continued
Last year’s savings rates of 2% and higher have come and gone, but that doesn’t mean high-yield savings accounts disappeared. “There are high-yield savings accounts out there, but it’s all relative,” says Mike Schenk, chief economist for the Credit Union National Association. When the Federal Reserve cut its benchmark rate to nearly zero in March, … Continued
As the COVID-19 pandemic leads banking customers to lean into online technology to manage their money, those trying online banking for the first time may find themselves with questions about how to handle things previously done in person or with paper documents. If you’re stuck on how to handle some of the practical aspects of online … Continued