Friday, 3 July 2020
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, […]
Update on Wednesday, June 24, 2020 The coronavirus pandemic has turned many of our systems upside down. Still, essential workers remain on the frontlines, raising the question of whether they are paid fairly for the immediate dangers they now face. In a new study by MagnifyMoney, we found that without […]
Update on Tuesday, June 23, 2020 When it comes to debt, most of us have outstanding balances of one kind or another, whether for our car, our home or our education. And while debt can be a necessary tool to achieving certain goals, most Americans (nearly 60%) report feeling weighed […]