Around $5 trillion of Americans’ cash is currently held in money market accounts, representing almost half of all bank deposits in the U.S. These accounts are often offered alongside conventional savings accounts, leading many to question which one is better for parking their savings. The answer depends on several factors. Money market accounts are basically … Read more
According to a report posted on the FICO blog, the national average FICO score has reached its highest level of the past decade. This means that people are getting better at managing their finances and limiting damage to their credit score. If your credit score is lower than you’d like it to be, there are … Read more
There are many credit card companies offering credit cards with money saving benefits to entice more consumers to sign up for them. Comparing the features of the credit cards help you find the ones with the best money saving benefits based on your typical spending habits. Here are some of the best credit card offers … Read more
If you are under 30 years old, there is a good chance that saving in your retirement plan is low on your list of financial priorities. People in this age group are generally spending most of their money establishing their household, paying off student loans, and raising young children. For many, this does not leave … Read more