Signing a check

According to a recent survey by the FDIC, 25% of U.S. households are unbanked or underbanked. Unbanked households have no bank account at all. Underbanked households have a bank account, but they still use financial services outside the banking system to make ends meet, such as payday loans. If you’re one of the millions of […]

BANKING ROUTING NUMBERS

Routing numbers have been integral to the banking industry for more than a century. They streamline the exchange of money, enabling you to set up a direct deposit or easily send money to a friend. Just as the rise of debit cards lowered the popularity of checks, wire transfers are now facing competition from digital […]

Opening a joint account

Have you reached a point in life where you are ready to share a financial account with another person? Maybe it’s a business partner, a friend, a romantic partner, or a child. If so, opening a joint account may be the right move for you. However, before you do so, there are some risks and […]

Teach your kids about finance

Teaching kids about money is not easy nowadays. Despite the recession to end all recessions, many still don’t understand the value of a dollar. The age-old adage “money doesn’t grow on trees” doesn’t seem to compute, especially when it pertains to buying that new outfit or game. But, as the song goes, the children are our […]

axos bank review

Founded in 2000 as a digital bank, Axos Bank has since grown into a full-fledged, tech-based financial services company. It serves individuals, businesses, and institutions. A key benefit of this bank is that it incurs lower overhead costs compared to traditional banks. This results in more favorable rates, terms, and fees for their customers. Axos Bank’s products include: […]

high yield checking accounts

When you open a bank account, it’s easy to assume that you’ll stick with that bank forever. But that was then. Your old bank account has lost its appeal and there is a new checking account in town that is grabbing your attention. Now you ask yourself if opening and closing bank accounts is okay on a […]

savings accounts and money market accounts

Savings vs. Money Market accounts: which is the right one for you? In 2018, Americans managed to put away approximately $1 trillion in personal savings. That was about 6.2% of their disposable income. So if you took home $50,000 after taxes last year, you likely stashed away around $3,100. Saving money is not easy with […]

top 50 credit union in the US

Why choose your local credit union? Credit unions usually offer low fees and high-interest rates, making them an attractive alternative to banks. How are they able to afford these competitive rates? Because credit unions are not-for-profit — they’re owned by their own members, not anonymous investors. While banks use profits to pay owners and shareholders, […]