Banking

Money Orders vs. Cashier’s Checks: What’s the Difference?
April 2, 2014

Money Orders vs. Cashier’s Checks: What’s the Difference?

If you’re on the house hunt, you’ve probably encountered a couple of terms again and again — cashier’s checks and money orders. Although the two can, often, perform the same roles, and are trusted forms of payment, there are also big differences between the two. What are they? Learn more about them below. Cashier’s checks […]

by Briana Fabbri
Preparing Financially for Emergency Repairs
January 8, 2014

Preparing Financially for Emergency Repairs

With a new year come new opportunities to get on the right financial track. Unfortunately, the new year also comes with a new list of challenges. In this case, the best offense is good defense  —  and what better defense can you establish than creating an emergency fund to help prepare you financially for all of […]

by Briana Fabbri
Credit Card Use
October 28, 2013

Why Millennials Are Choosing Debit Rather Than Credit

These days a substantial number of young adults are opting out of credit cards altogether. In a recent study, FICO nicknamed the Millennial generation “The Young and the Cardless.” According to their research, in 2012, 16% of those ages 18-29 had no credit cards whatsoever. Back in 2005, before the Great Recession hit, just 9% […]

by Briana Fabbri
5 Questions Consumers Should Be Able To Answer About the FDIC
October 21, 2013

5 Questions Consumers Should Be Able To Answer About the FDIC

You read about the Federal Deposit Insurance Corporation back in high school history class, and you probably hear the acronym quickly rattled off at the end of TV commercials, or see the sign in the window of your bank. But what exactly does the FDIC do for everyday consumers like you and me? Let’s run […]

by Briana Fabbri
Allowance Tips
September 11, 2013

Allowance In America: When, Why & How Much We Pay Our Kids

American parents are shelling out an average of $780 a year for each child’s allowance. Think that seems a bit steep? Here are a few more allowance statistics from the American Institute of Certified Public Accounts that will shed some light on how your household rules stack up to the rest. 61% of parents pay […]

by Briana Fabbri
Retirement Glossary
July 5, 2013

The ABCs of Retirement Planning

If you’re like 49% of working Americans, you’re not feeling terribly confident about the money you have tucked away for retirement. In fact, for many, the idea of saving enough is so daunting that they continually put off the process of calculating how much they’ll need to have saved in order to live comfortably during […]

by Briana Fabbri
Mobile Finance
June 28, 2013

Mobile Finance Services Offer Alternative for the Underbanked

Over a quarter of Americans are unbanked or underbanked. That means millions are foregoing the protection and convenience of traditional financial institutions, all while incurring additional fees in order to perform day-to-day transactions like depositing a paycheck or paying rent. How can this underserved population gain access to affordable financial services? Turns out, the solution […]

by Briana Fabbri
Online Banks
June 26, 2013

What’s the Deal with Online-Only Bank Accounts?

From keeping in touch with friends to purchasing groceries, the Internet is changing the way we complete day-to-day tasks. But will online tools eventually replace the traditional bank branch? A 2012 study from Javelin Strategy shows that of those who are banked, about 11% say they would like to switch financial institutions at some point […]

by Briana Fabbri
Debit Card Protection
June 24, 2013

5 Tips for Protecting Your Prepaid Debit Card

Prepaid debit cards are becoming more and more popular in the U.S. for the banked and unbanked alike. While these cards offer many conveniences from a budgeting and purchasing standpoint, security remains a major concern. We talked with two card security experts to collect advice on how to use prepaid debit cards as safely as […]

by Briana Fabbri
Retirement Fund
June 19, 2013

Retirement Savings on the Line for Unbanked Older Adults

Studies show that a substantial portion of Americans of all ages are living, earning and spending without bank accounts. But how does this trend play out specifically among older Americans? And how does the lack of traditional financial services affect their retirement savings? Let’s take a look at some of the statistics to find out. […]

by Briana Fabbri

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