Spending and Saving Archive

When  you make a deposit at a bank today, unfortunately the money does not actually sit securely in a special personal account for you. Although banks to continue to charge various monthly, annual, and per-service …

There are definitely some pros and cons regarding overdraft protection. First we will define overdraft protection and then first we will look at the pros. What is overdraft protection? Let’s say you have $50 remaining …

The WaMu Free Checking is probably the best checking account out there. One thing I love, when it says free it means free. No string attach. You don’t have to have direct deposit, you don’t …

How it came to be that I had to make $1.83 stretch for ten days is not relevant. I suppose it may the more interesting topic, but I beg you to understand that this occurred …

When your income can’t possibly cover your fixed monthly expenses and other monthly bills, drastic action needs to be taken for month to month survival while you’re working yourself out of your situation. First let’s …

Budgeting is a critical skill in today’s society and there are several benefits to a person completing a budgeting process. When a person completes a budget, he or she has an understanding of how cash …

There are several reasons not to invest in a bank certificate of deposit (CD). When you invest in a CD, your money is locked away at an extremely low interest rate, especially compared to the …

Live green and save money by buying less.  Most everyone has much more junk than they need, and clutter actually lowers the quality of life. Living green, by contrast, is uplifting, joyful, full of relationships …

There’s an old Army story about the sergeant who reported regularly to the Brass that he was training a mule to live without eating. His method was to reduce the amount of fodder given to …

Having a good financial standing is achievable, the main problem with most people is how to attain this position in life. There are several factors that often lead to a bad financial situation, once you …

The history of what is now called Wachovia Bank is replete with so many mergers and takeovers that determining which was what when is extremely difficult. What many people do not remember is that the …

When it comes to a person’s money, many considerations must be made as to properly manage that money. In considering Wells Fargo as your primary financial institution several things need to be considered: First:      …

The Fed has seen fit to grace the American people with lower than average interest rates for an extended period, hoping this will stimulate spending and kick start a stagnant economy. And the Fed is …

It is true that many of our younger generations have not experienced life without the assistance of the electronic media devices such as computers and televisions, however, a huge percentage of people in our society …

Saving money in a difficult economy is something that frustrates many people. Unfortunately, some of the most effective ways to save money involve cutting back on luxuries. However, many of the things we enjoy in …

With the advent of the computer and more especially the internet there are a number of common activities that have become popular online. Banking is one of these and while in days gone by a …

Banks differ in the services they provide and in how they are owned. Many financial experts use the word bank to refer only to a commercial bank. These experts believe that savings banks, savings and …

In today’s world cash is not king now it is a little 2” x 3.5” piece of plastic. Adding convenience and speed to our daily lives when it comes to paying at the register. Along …

Summer is finally here, along with the rising temperature. It’s easy to succumb into temptation and turn on the air conditioner, but installing and paying for the energy to run run them can be expensive. …

The first ATM (Automatic Teller Machine) was introduced by Barclays bank in 1967 in England. ATMs are sometimes referred to as cash machines and most people see them primarily as a means for accessing the …

The recession has taken its toll on people’s spending habits. It is a situation that has forced everyone to rethink and reevaluate the way they manage their finances. Every penny matters now and therefore every …

Whether you’re a student, an avid reader, or you just like buying books, you will want to save money at the bookstore. Fortunately, you don’t have to do a lot of complicated things in order …

The very first tip that everyone at every income level should be doing is saving 10% of what you earn. It may mean eating oatmeal and mac ‘n cheese for weeks on end, but it …

Frugality requires conscious spending. There are things that people need and things that they want. And knowing the difference can mean building an impressive reserve for times when income has decreased. In addition to saving …

There are two main things that you need to consider when deciding whether to keep all your money with one bank. These are ‘rate of return’ and ‘convenience’. Rate of return:Basically, this just means does …

Spending less clearly translates into saving more (you have to spend less if you want to save more). Saving more means a better financial future and the ability to pay for unexpected expenses and emergencies …

Chances are that most adults have access to at least one credit card and often more. This can often lead to a lot of debt and hassle. But credit cards do not have to mean …

Convenience, security, speed, environmental safety are some of the benefits we would derive from opting for electronic statements over paper statements. We should therefore switch from paper statements to electronic bank (and other) statements, given …

Everything you need to know about money…. what an interesting topic in a society that uses plastic to get what they want and can’t afford. Everything in our society is about money. “Money is the …

At its most basic level, a cash budget is a detailed plan that shows all expected sources and uses of cash. This is a budgeting tool regularly used by small businesses to monitor their cash …