Opening a savings bank account for your teen can help him or her in many ways.  Firstly, it will help them understand the concept of saving. Secondly, it is something that they need to do in order to make a place for in society. Trying to open a bank account on their own will put them in a lot of trouble. If you want to make life easier, its best that you …

 Today there are way too many options out there when one has decided to invest a said amount of money. It can include traditional savings bank and checking accounts to more rash stock markets and money market funds. The Orange account is one such investment option that helps save money without incurring any risk. It’s not a get rich quick option, but it definitely provides better returns than a savings account. You …

When you live overseas as an expatriate, a single currency might not usually be sufficient for your every day needs. Your home currency may not be accepted as regular tender at most locations. In such cases you will have to pay a money exchange fee for every transaction if you use your home plastic card like a debit or credit card. In many places, your employer might agree to pay you in …

There are a number of investment instruments that you can look at if you have the money to spare. We shall now discuss certificates of deposits and money market funds. Before we come to a conclusion, we shall first discuss the features of each of these instruments. A certificate of deposit is a debt instrument that is issued by banks and other financial institutions that deal with such investments. If you lend …

As a child, a human being is much more malleable than the later years. Hence these years are called the formative years. This is the best time to teach your kids the concept of savings and bank accounts. Opening a bank account is the first step that you need to take to educate your kid about savings. Opening an account is very simple. All you need to do is co-sign for the …

Paying for higher education is never easy for an average teenager. High school is fine due to the various government programs which ensure quality education for all. But getting into college can be quite a task if you do not have a rich dad or stellar SAT scores. But there is no need to lose hope; an IRA account can provide you a tax free haven to save for educational expenses unlike …

Investments have become a major part of ones financial portfolio. It is wise to invest funds into the various investment schemes available. There are a plethora of investment options. Certificates of deposit, savings account, money market accounts etc are some of the popular investment options that investors look to. Each scheme offers various advantages. One has to read the terms and conditions of these investment instruments prior to investing in any one …

One of the basic questions that intrigue the minds of the investors is where to invest ones’ funds. There are a plethora of investment options that banks and other financial institutions offer. Certificates of deposit, savings account, Money market account etc. are few such investment options available. It is wise for one to invest his or her funds into such schemes instead of the funds being stagnant they could earn the investor …

Checking accounts are a simple way of paying a third party by way checks. It involves a process where in the account holder issues a check in the name of the recipient. The recipient then submits this check into his bank account. The bank then verifies the details of the check and forwards the details online to the bank account of the issuer. The money is then debited from his account and …

It is a laborious and time consuming job to visit the bank each time an individual wants to either withdraw or deposit money into his account. This task has been simplified with the introduction of a checking account. In the present day scenario it is pretty difficult to get by, without having a checking account. It has become an essential commodity for any individual who has entered adulthood. Checking accounts are services …