A well run business needs a well designed account to secure the savings. When the funds involved are big sums of money, just saving them in an account is not sufficient. Getting good returns for the money kept in the bank is also important. This is why there is a need to have a good savings account for business owners.  There is no dearth for banks offering a good savings account for …

People think that saving is something they can do later in their lives – this is a common misconception. The fact is that people have to save as early as possible, while you still can. For example, students in the university find it difficult to save as the cost of education is rapidly increasing. Also, with the economy still in tatters, parents can never be sure of their jobs. Today there are …

Securing your finances should be one of the main objectives you have in mind right now. If you are planning for your future make sure you incorporate how you can be financially stable starting today. The world economy is showing us that we need to spare some of our income for emergency purposes given that (financial) emergencies seem to occur more today than ever. This is the reason why people are constantly …

Nowadays, it is more common for people to spend than save. With the endless array of the things and services available, money is so easily spent. However, we all know that this is not the ideal picture if we want to keep up and survive financially in this world. To start being prudent in managing your finances, the only place you would want your money to go is in the bank. Saving …

Finance is one of the major areas of human life which is now becoming a huge concern for most people. Being financially stable is just one crucial task that most people find really tough. With the struggles the economy is facing people, must be more concerned with saving money for the future to somehow ensure financially sustainability. The most secured place to keep your money is in the bank. For instance with …

Savings account these days have become more and more popular given the frequent fluctuations in the economy. Starting saving account for children early can help manage financial situations a lot better. Developing the early habit of savings is very important for children so that they are better equipped to manage finances in the future. They can fulfill their dreams and complete college education if the financial aspect is preplanned. Many banks …

The Medical Savings Account (MSA) generally refers to self-employed individuals or businesses catered to less than 50 employees. United States has two account programs under medical savings, namely, Medical Savings account started in 1993, which is still under practice in California, and secondly, Health savings account started in 2003, which is at present more extensively available. The money that is unused after getting added to the account is automatically rolled over to …

Usually retail financial institutions that need to make payments in interest maintain accounts of the savings kind. A saving account enables the account holder to keep aside a part of their liquid assets and earn benefits as monetary returns. It does not however allow the financial institution to use it for making direct money payments. The United States in particular requires a savings account to adhere to regulations of Sec 204.2(d) (1). …

Although money market accounts are different from traditional savings accounts they are similar in many ways.  Both are safe options for investment and are backed by the FDIC.  These are the normal choices amongst the wealthier customers.  However, each one of these is peculiar in certain ways.  Although, they may not be as different as oranges and apples, they are not really the same either.  It is worth knowing a bit more …

College education is an expensive affair and unless one makes a saving earlier on, paying for a college going child is not going to be easy.  Most parents will certainly have this at the back of their minds but the whole thing is quite tricky.  The expenses will only go up each year and by the time the child reaches college-going age even parents are unsure as to how much they will …