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Track Your Net Worth Stay on Track Financially

A savings calculator can help a saver to understand how much money he or she should save in order to meet certain financial goals. Whether a person is saving for retirement, increasing their emergency fund, saving for their children’s education, or some o... Read >

Give Your Savings Account a Name to Keep You Saving

For many people it is hard to save money for a financial goal or a big ticket purchase such as a new car or vacation that may be years away. Many people would rather have instant gratification and charge their purchase immediately instead of saving for th... Read >

The Advantages of a Roth IRA

Planning for retirement is one of the most important financial decisions that a person will ever make, and many people feel overwhelmed with the possibilities. There are many investing options that are available to people. But, which one is the right choi... Read >

Five Reasons to Own an Online Savings Account

Online savings accounts are a great banking tool available for both investors and savers alike. An online savings account offers higher interest rates that a traditional savings account while providing banking customers with flexibility, easy access, and ... Read >

Three Ways You Information Is Safe With Online Banking

According to comScore, the leader in internet statistics, and their 2010 State of Online Banking Report, online banking continues to grow and be an integral part of the American consumer. According to the report, over 58 million internet users are now ban... Read >

Automatic Savings Plans Use Psychology to Help Investors

David Bach made the term “pay yourself first" very popular after writing about it in his bestselling book, “The Automatic Millionaire". In his book, Bach discussed how people should pay themselves a payment much like they pay their credit card bills or ca... Read >

What Is an Individual Retirement Account?

Individual Retirement Accounts come in several flavors. Investors can either choose a traditional Individual Retirement Account, also known simply as an IRA, or they can choose the tax free Roth IRA version. Many first time investors are often confused ab... Read >

The Advantages of a Certificate Of Deposit Ladder

If investors are concerned about locking in low interest rates for a long period of time, then they should consider building a certificate of deposit ladder. A CD ladder as it is often called is an excellent investment tool to spread the risk of rising in... Read >

Banks with the Best CD Rates Offer Other Features Too

With the ever increasing popularity of online banks, there is a lot of competition out there for customers’ deposits. Because of the competition, customers have reaped the benefits in the form of higher interest rates, better customer service, lower fees,... Read >

Backwards Plan to Reach a Goal Using a Savings Calculator

An online banking customer can use a savings calculator to backwards plan how to reach a financial goal. The United States Army often uses backwards planning to reach certain milestones in its military operations, and American businesses use reverse engin... Read >

Understanding Roth IRA Contribution Limits and Income Limits

A Roth Individual Retirement Account (IRA) is an integral part of many people’s investment portfolios because of the tax benefits it provides investors. A Roth IRA allows after tax investments to grow and allows tax free withdraws in retirement after a pe... Read >

Online Savings Accounts - Technology Keeps Your Money Safe

Online savings accounts offer the same amount of protection as walking into your local bank and making a deposit. Not only are your funds protected by the Federal Deposit Insurance Corporation (FDIC), but there are also layers of security and protection t... Read >

The Difference Between a Money Market Account and a Money Market Fund

Many investors do not realize that there are differences between a money market account and a money market fund. While the differences are subtle, they both have faintly distinct levels of risk. Due to this variance in risk, there is also a small differen... Read >

Certificates Of Deposit Provide a Good Use for an Investor’s Cash

For most investors, there are three main categories of investments: stocks, bonds, or cash equivalents. These different asset classes are important pieces of a well-diversified investment portfolio. While there have been many discussions about the proper ... Read >

Do Not Lock Yourself Into A Long Term CD

Interest rates in America are rising, and they may very well continue to rise throughout the year. Because of this current trend in the financial market, investors should reduce their exposure to long term CDs to ensure that they receive the best CD rates... Read >