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Banking
What Is Budgeting and How Can You Start?
Budgeting is a great way to keep track of your spending and allocate income for your expenses. Learn more about budgets.
Jacqueline DeMarco
Updated January 21, 2025
Latest
Guide to Switching and Changing Banks
Is changing bank accounts wise? It depends on the service you are getting from your current bank compared to others. Learn when and how to switch banks.
Jennifer Calonia
March 16, 2023
7 min read
What Is FDIC Insurance?
Generally, the FDIC provides up to $250K in federal deposit insurance coverage for your single bank account if your FDIC-insured institution fails. Learn more.
Sulaiman Abdur-Rahman
March 14, 2023
6 min read
Guide to Choosing and Opening a High-Yield Savings Account
Having trouble choosing a high-yield savings account? Learn about how a high-yield savings account works and things to do when opening one.
Jennifer Calonia
March 14, 2023
8 min read
20 Savings Challenges to Help You Save in 2023
Money-saving challenges can help make saving money more fun — and they really work. Find out which of these 20 savings challenges suits your style best.
Lauren Ward
March 10, 2023
13 min read
How Much Money Do People Keep in Their Checking and Savings Accounts?
Savings accounts sometimes provide advantages over checking accounts as far as interest, but it's important to keep some cash accessible. Learn more.
Austin Kilham
March 10, 2023
5 min read
Can You Overdraw a Savings Account?
Is overdrawing your savings account bad? Overdraft usually has a negative impact on your account history. Learn about how to avoid overdraft fees.
Jacqueline DeMarco
March 9, 2023
7 min read
Guide to Making Direct Deposits Into a Savings Account
Can you direct deposit into a savings account? Learn about direct deposit, the benefits, and how to set up direct deposits into your savings account.
Rebecca Safier
March 9, 2023
8 min read
Guide to Annual Percentage Yield (APY): How Is It Calculated?
What does APY offer? APY gives you an idea of what to expect from a bank in interest, among other information. Learn more about annual percentage yield here.
Jennifer Calonia
March 9, 2023
7 min read
Comparing No-Penalty CDs vs Savings Accounts
No-penalty certificates of deposit have some advantages over savings accounts as far as interest rates, but they have downsides, too. Learn more.
Sulaiman Abdur-Rahman
March 9, 2023
5 min read
How Do Banks Make Money and Generate a Profit?
How do banks earn income? Learn about the different ways banks make money, how they keep up with their expenses and the ways to reduce your banking costs.
Chris Alexis
March 9, 2023
8 min read
Guide to Saving Money As a Teenager
It's never too early to start saving money. Read our guide to learn more about how you can start saving money as a teenager.
Walecia Konrad
March 8, 2023
11 min read
Guide to Withdrawing Money From a Savings Account
Is it possible to take out money from your savings account? Learn about the process of making withdrawals from different types of savings accounts.
Chris Alexis
March 8, 2023
8 min read
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