Money Relationship » Banking

Get the Best Interest Rate: A Review of MoneyAisle.com

Adam — Mon, 12 Jan 2009 19:00:06 +0000

Ever heard of Money Aisle? I didn’t before a reader asked me to check them out. It turns out, Money Aisle lets banks compete for your savings via an online auction. All you do is pick your investment (savings or CD’s), the amount you will invest, the duration of your savings (if choosing a CD), [...]

Get the Best Interest Rate: A Review of MoneyAisle.com is an article from Money Relationship

Do You Still Balance Your Checkbook? I Sure Don’t

Adam — Wed, 07 Jan 2009 13:00:48 +0000

The other day I received an interesting question from Bobbi concerning balancing a checkbook. Here it is: With banking and statements being completely accessible online, do you still balance your checkbook on paper? Personally, I have never really balanced my checkbook. I know that many of you will think that is outrageous, but it has [...]

Do You Still Balance Your Checkbook? I Sure Don’t is an article from Money Relationship

Make the Most of Your New FDIC Insurance

Adam — Wed, 17 Dec 2008 13:00:48 +0000

I posted about the FDIC insurance limits several months ago and since then they have changed. I figured I would update the limits in this new post as many people have come across this article via Google search. The FDIC (Federal Deposit Insurance Corporation) insures deposits for most banks and savings institutions. In the event [...]

Make the Most of Your New FDIC Insurance is an article from Money Relationship

Savings Account for the 21st Century (at 3.9% APR)

Adam — Mon, 10 Nov 2008 21:00:34 +0000

A recent article in Kiplinger’s Personal Finance mentioned a fairly new “Christmas Club” way of saving. Smarty Pig is a new FDIC insured savings program offered by Iowa’s West Bank. It allows you to set up multiple accounts (for free) with designated goals. So, you can have one for a down payment for a new [...]

Savings Account for the 21st Century (at 3.9% APR) is an article from Money Relationship

Move 2 Years Worth of Major Expenses to a Savings Account?

Adam — Tue, 28 Oct 2008 20:48:14 +0000

I typically enjoy reading Money Magazine. But this month’s edition of “The Crisis: What Do I Do Now” kind of upset me. This month’s editor’s note contradicts itself quite a bit. Eric Schurenberg gives his take on “What Not To Believe About the Crisis”. When he gets to the section about how the economy is [...]

Move 2 Years Worth of Major Expenses to a Savings Account? is an article from Money Relationship

Avoid Your Banks Highest Rate Loan

Adam — Thu, 28 Aug 2008 00:10:53 +0000

In a recent article by CNN Money, they mention the raw deal that you get from a banks overdraft protection. Typically, banks offer you this ‘protection’ and automatically approve a transaction, even if you do not have the money in the account. The convenience or overdraft fee for this can range up to $40 or [...]

Avoid Your Banks Highest Rate Loan is an article from Money Relationship

Make the Most of Your FDIC Insurance Limits

Adam — Mon, 14 Jul 2008 00:58:00 +0000

On October 3, 2008, Congress passed a bill that temporarily increases the FDIC insurance limits. An updated post can be seen here. With the recent collapse of IndyMac, a bank based in California, I think now is a good time to explain how FDIC insurance works and how much you are covered for. The FDIC [...]

Make the Most of Your FDIC Insurance Limits is an article from Money Relationship