If you’ve been considering making the jump to an online bank, here’s a reason to do it now: A recent Federal Reserve rate increase may prod banks to give their customers higher interest rates on their savings in 2019. Here, one man walks us through why he and his wife decided to take the plunge … Continued
Parents are often more than happy to offer financial advice to their kids. They like to feel needed and want to make sure you’re on solid financial ground. But it’s important to turn the tables and ask about their financial plans, too. Are they saving for retirement? Have they updated their will? What’s their plan for … Continued
Bank interest rates are hardly considered a big perk — there are many Scrooge-like accounts out there that barely pay enough to offer loose change. But some people are getting $100, $200, even more than $300 from their banks. Their secret? Free money promotions. Banks are paying customers to open savings and checking accounts. Bank … Continued