Woman using calculator while looking at revenue charts

What are Checkable Deposits?

Article Summary: Checkable accounts are accounts in which the customer can withdraw money from a financial institution, such as a bank or credit union, on demand. Some types of checkable accounts even bear interest. Checkable deposit accounts differ from time deposit accounts, in which you can only withdraw money after an allotted time. Checkable deposits […]

Medical supplies that are FSA-eligible

Article Summary: An item is FSA eligible if it is likely to be covered by a Flexible Spending Account (FSA). FSA funds can be spent on any health-related expenses that do not include your monthly insurance premiums. You have to spend your funds by December 31 every year. However, there are many creative ways to […]

piggy bank held within hands

Article Summary: A share savings account, or a share account, is a savings account created by a credit union. These accounts will offer interest that is variable in nature. The term “share” can also refer to a checking account at a credit union, as well. Every single day, new financial products and accounts seem to […]

People researching cryptocurrencies

Article Summary Yield farming, aka liquidity mining, is an investment strategy that stakes or lends crypto assets to generate returns or rewards in the form of fees or additional cryptocurrency. The strategy is a risky (and very popular) application of decentralized finance (DeFi) that is probably not suitable for newbies to crypto investments. Yield farming […]

benefits of a checking account

Article Summary It is OK to have multiple bank accounts, checking accounts included. This article will tell you why having multiple accounts isn’t just OK but could be a good idea. It will also tell you the disadvantages of multiple accounts. If you have questions about having multiple accounts, you’ve come to the right place. […]

DJIA Performance Great Depression vs. Coronavirus Crisis

In the last two weeks, we have seen the two worst single-day drops in the history of the Dow Jones Industrial Average (DJIA). However, on Wednesday, the Dow also saw its best day since 1933, with a 13% rise. Did the stock market already hit bottom? Unlikely. America is unofficially, but undoubtedly in a recession. […]