Do we really need credit cards or can we get along without them? At first, it doesnât seem like a bad idea. Youâd have one less bill to worry about each month and your finances might be in better shape without the temptation to overspend and potentially accumulate more debt. But there are some major
The post The Advantages & Disadvantages of Credit Cards appeared first on MintLife Blog.
When you open a checking account or a savings account, you might not be too concerned about the possibility of losing money. After all, bank failures are largely a rarity and when one does occur, the FDIC is there to ⦠Continue reading â
The post Understanding How Your Bank Manages Risk appeared first on SmartAsset Blog.
Neobanks offer internet banking services and are created by partnerships between financial tech firms and banks to offer federally insured bank accounts. Do you find yourself wondering what a neobank is and whether itâs a good option for you? Weâll ⦠Continue reading â
The post How Does Neobanking Work? appeared first on SmartAsset Blog.
If youâre looking to put money aside for future needs and watch it grow, a savings account can be a great option. Not all savings accounts are created equal, however. There are actually several different types to choose from, and the best choice for you will depend on your goals, how you want to access […]
The post Different Types of Savings Accounts You Can Have appeared first on SoFi.
It might seem strange to think about having a relationship with money. But it makes sense when you consider that everyone has feelings about money and those feelings can deeply impact our financial behavior. Your parents, friends, and life experiences have likely helped you develop different perceptions and biases about money. Those attitudes can influence […]
The post Improving Your Relationship With Money appeared first on SoFi.
An estate plan is important for anyone who wants their wishes to be carried out after they are gone. Without a legally enforceable estate plan in place, you run the risk of having a judge interpret state laws to decide ⦠Continue reading â
The post Why Is Estate Planning Important? appeared first on SmartAsset Blog.
Experts say this kind of scam is on the rise. Here’s what you must know to protect yourself.
Having a bank account can simplify money management, but itâs important to know that there may be limits on how much money you can put in and move through your accounts. Limits like these can impact the timing and efficiency of your transactions. Banking details matter to almost all of us. According to the Federal […]
The post Maximum Deposit and Balance Limits for Checking Accounts appeared first on SoFi.