THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE SEE MY DISCLOSURES. FOR MORE INFORMATION. When it comes to money, we often fantasize about all the things we would buy if we had all the money in the world. But what wouldn’t you buy? There are things out there that, even if you were extremely wealthy, you … Read more
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE SEE MY DISCLOSURES. FOR MORE INFORMATION. We all know those jobs that make us scratch our heads and say, ‘Why is this a thing?’ Or we’ve been in the middle of an office meeting where someone is talking about a task they completed that felt more than a … Read more
Opening a bank account for your kids and becoming a joint account holder is a great way to: Reinforce basic banking concepts that we take for granted, such as adding and withdrawing funds Teach basic budgeting skills and demonstrate the importance of spending less than you earn, a cornerstone of financial responsibility Demonstrate the importance … Read more
Your kid’s first bank account should be a checking account. Some parents opt for a kid-friendly prepaid debit card instead, which isn’t technically a bank account but can perform the same basic functions. Your kid’s second bank account should be a savings account, and it should come close on the heels of the checking account. … Read more
Kid-friendly debit cards have lots of built-in advantages, including full adult ownership (usually) and tight controls on transactions. They also tend to have robust educational features and tools to reinforce the money lessons kids naturally learn by using them.The downside is kid-friendly debit cards tend to have higher fees than kids checking accounts or savings … Read more
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE SEE MY DISCLOSURES. FOR MORE INFORMATION. Sometimes you open your mailbox expecting another bill and instead find our tax refund! Most of us think of our refund as ‘found money,’ temporarily filling our bank accounts with extra cash. But what about putting it to better use? Instead of … Read more
You can open a bank account for your child long before they attend their first school dance or slide behind the wheel of a car for the first time. And you should because kids learn by doing. A parent-supervised checking account is the ideal tool for teaching your child the value of money and getting … Read more
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE SEE MY DISCLOSURES. FOR MORE INFORMATION. Starting on the right financial path can make a big difference in the long run. Navigating the path to success can be daunting for an 18-year-old who may need to be privy to the precise measures to take. To help guide young … Read more
If you’re a student (or parent) looking for a place to park your money without excessive fees or unrealistic balance requirements, check out the impressive array of low-cost, low-balance checking accounts available to students. Some actively restrict membership to younger individuals, most often those between 17 and 23 or 24 years old. But others are … Read more
Business banking is a little different from consumer banking. Our master list of the best online banks around is surprisingly short on business checking accounts with no monthly maintenance fees, minimum balance requirements, or monthly transaction limits. Also, most business bank accounts impose transaction limits and demand hefty minimum balances to waive high monthly maintenance … Read more