Tag Archive: Banking

Feb 25

Why Retailers Still Accept Checks

accept checks

The following is a guest post… It’s no surprise that people just don’t use checks that often anymore. I believe I read somewhere that the use of checks-as-a-form-of-non-cash-payment is declining something like 5% percent every year now, though I couldn’t find the statistic that would back that up—what I do know is that a survey …

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Aug 02

Understanding FDIC Insurance

I’ve been reading and hearing about some people that have pulled all their money out of their bank accounts and instead keep their cash at home. Some people stuff it under a mattress, some people put it in the freezer, some people bury it, and some people go the more traditional route of putting it …

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Jun 11

Balance Your Checking Account, Prevent Overdrafts

prevent overdrafts

I recently overheard someone talking about how they were hit with a bank fee for overdrawing their checking account. I don’t remember the exact amount of the charge (it was somewhere in the $30 range), and I don’t remember what bank they used. But it brought about an entire conversation about overdraft fees, what causes …

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Mar 23

Bank CDs and Savings Accounts

I’ve shared with you the basics of stocks and bonds. Another source of investment options is your bank, which offers various savings accounts and certificates of deposit. Most people don’t really consider these options as “investments” in the same way they think of stocks and bonds, but they really do the same thing. You invest …

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