Thursday, 9 July 2020
Updated on Wednesday, July 8, 2020 As the coronavirus pandemic continues to pummel the U.S. economy, causing a heightened financial strain on U.S. households, the argument for a universal basic income (UBI) has been gaining traction. In fact, legislation introduced in the House of Representatives in April 2020 proposes a UBI […]
Updated on Tuesday, July 7, 2020 Wealth management is a top-tier financial management service that caters to wealthy individuals by curating and coordinating the right mix of financial products, experts and strategies to help grow and protect their wealth. It’s a consultative process that focuses on a client’s entire financial […]
This account is for Vectra Bank Colorado customers 25 and younger. It comes with a low opening deposit requirement and no monthly fee. While it does have the ability to earn interest on any amount, the rate is low — albeit higher than the regular Savings account. This account also […]
When the COVID-19 pandemic began, most of the economy was brought to a near-immediate standstill or a significant slowdown. With everyone on Wall Street and Main Street asking when and how it will end, there was no doubt a recession was here before the National Bureau of Economic Research (NBER) […]
In the financial services industry, it can be a little confusing figuring out the difference between a financial advisor vs. financial planner. There’s a fair amount of overlap between the two roles, and some people use the terms interchangeably — but there is a difference. A financial advisor is more […]
As your assets grow, you may want more customization and control over your investments. If that’s the case, separately managed accounts (SMAs) may be a good solution for you. SMAs – portfolios of securities managed by an asset management firm and overseen by a professional money manager – are best […]
The rates on IBERIABANK’s SelectPlus Money Market account are nothing to write home about. They’re beat by the competition, and come with high minimum balance requirements relative to the APY. If your balance falls below $5,000, you will be subject to a monthly maintenance fee. Money market accounts are technically […]
This account is sort of like Baby Bear’s bed in the Goldilocks fairy tale. It has a higher monthly fee and minimum opening balance requirement than Banner Bank’s Connected Savings account. But you only need to keep $1,000 in the account, rather than $5,000, to avoid the $10 monthly fee […]
You can cash a check without a bank account in a number of ways, although you may incur a fee for the service. The cheapest option is typically to go directly to the issuing bank to cash the check, which can offer the service for free, depending on the check […]
Update on Saturday, June 27, 2020 N26 is a cash management account made for younger generations. The mobile-first N26 account comes with a sleek debit card, cashback rewards on subscriptions and early paychecks via direct deposit. N26 is relatively fee-free, so you can focus your money on spending and saving, […]