The banking needs of individuals vary according to their lifestyles and the age group to which they belong. When dealing with money everybody from business owners, students, and newlyweds to retirees, everyone has their own preferences. However, irrespective of this fact the choice of checking accounts surely determines the success or failure to manage finances. Therefore, any mistakes thereof can prove to be quite expensive. Ideally, one should consider their …

Americans love deal hunting! How bad can be a bit of camping out of stores provided it yields savings on various purchases? Most people shop with this theory to guide them. However, increased shopping costs during the holiday season coupled with bank fees can damage personal finances. Luckily, some tried and tested strategies along with proper planning can help buyers to avoid such financial pitfall easily. So, which are the …

Do you know that your inability to properly manage a bank account can earn you a bad reputation and give you a bad time while opening a new one? During the opening of a bank account the status of your savings and checking accounts is also checked just like your credit history. Monitoring agencies like ChexSystems act for finding out the possible reasons behind an account closure or opening of …

With the first semester of colleges around the corner, students have to get their finances in order before entering campuses as the season begins. One of the important steps in this regard is of course setting up a checking account. It becomes the be all and end all of the financial life related to every student. Parents and students shopping for an appropriate checking account should consider some points to …

Recent researches suggest that consumers complain with a higher propensity against the checking accounts related to big banks. This finding seems to be another round in the favor of credit unions. The research considered over 19,000 complaints beginning March 2012. According to the key findings, 90% of the total complaints filed were against U.S. banks within the first 25 top slots. Credit unions can consider this as a signal of …