For those lucky enough to have a surplus in their finances each month it makes sense to open up a savings account and make this additional revenue work for you. If you have money sitting in your current account it will generate little or no interest, subsequently it is advisable to transfer this money into […]

According to the New York Times “many national banks are encouraging clients with low balances to overdraw their checking accounts, allowing the banks to avoid credit laws and collect billions of dollars in new fees.” You might now realize that pay day loans are actually much more economical than overdraft fees from your bank.
The banks […]

So I imagine many people are breathing a sigh of relief this week. Last week mortgage rates made one of the largest one week jumps in the last 20 years. 30 year rates rose from 5.94 to 6.46 for over a half point increase. I thought that rates would drop this week […]

In these times of turmoil the need for business savings is especially acute. The savvy business owner understands that by making savings for the future, it is possible to safeguard their operations from recession or a downturn in trade. As a result of this need, banks are now offering even more forms of business savings […]

In today’s business world the number of those business owners that are making their financial savings work for them is increasing. As a result banks are offering ever more appealing banking options tied to a variety of different savings account packages. Ultimately the purpose of opening a savings account is to enable the account holder […]