Consumers who are looking for new ways to save for their kids’ education may opt to open CDs and savings account. Unfortunately, a recently published report shows that this may not be the best solution after all. The report did not attempt to offer an alternative solution but instead, studied why CDs and savings accounts are not the answers saving for future education. The main reason cited in the report …

When it comes to offering the best deals on savings accounts, there is hardly another bank that can stand up to Sallie Mae in competition. Though people may have had slight problems with the student loans offered by this bank, those with savings accounts are a happier lot. Sallie Mae enjoys this popularity because it does not ask for any minimum balance from people who would like to opt for …

The bill on Medical Savings Account (MSA) became effective on January 1, 1977 but recent amendments restricted people who can avail the MSA. At present there are only 750,000 individuals eligible for the said ‘benefit’. However, there had been steps made to allow all Americans to be able to open a medical savings account. But with the new health care bill which is now signed as a law, a lot …

If you don’t have much but wanted to establish a good investment then maybe you will opt for opening a bank savings account. It sure is a good idea but if there is a better way to keep your investment so shy wouldn’t you go for it? While it is safe, the interest rate may not be too inviting or attractive. If you want another alternative then you may want …

Nowadays, it has become tougher for Americans to find which banks they should really go for especially when it comes to opening a business savings account. According to surveys, consumers and business people are trying hard to find a bank where they don’t have to pay more just to have their money protected. Economy had still been a little down for the past months. The average rate on business savings …