The Trouble With Sharing Accounts
Parents and children, siblings, and couples all may, at some point, choose to share a checking. Having an account with someone can be tricky and requires an extra amount of communication to be sure that…
Banking
Explore banking tips, account comparisons, and money management strategies. Learn how to choose the best checking and savings accounts, avoid banking fees, use online banking tools, and boost your financial security with smarter banking choices.
Four Mistakes That Make Banking More Expensive
Very few banks are offering free accounts these days. So if you want to minimize the amount you pay for using bank accounts, you have to be aware of the fees and know what you…
Choosing a Checking Account
In the days when free checking accounts were widely available, choosing a checking account was fairly simple as long as your checking account needs were basic. Just choose the free account. Now that more banks…
Overspending Your Checking Account: Overdraft vs. NSF Fees
One of the basic rules of using a checking account is that you should never spend more money than you have available in your account. Break this rule and you’ll receive a financial penalty, either…
Class Action Lawsuit for Many Overdraft Victims
This situation may have happened to you: Your bank account is running low, but you have certain purchases you must make. So, you cleverly make your transactions in such a way that, when they’re posted,…
Tips for Managing Your Checking Account
The money in your checking account is for paying your bills and covering everyday expenses. Mismanaging your account can be expensive, resulting in overdrafts, fees, and a myriad of other financial problems. You should keep…
ATM Fees More Expensive Now Than Five Years Ago
It’s rare to find a good or service for which the price stays the same over a period of time. ATM fees are no exception. If you’ve ever used another bank’s ATM to withdraw cash…
Mortgages Top CFPB Complaint List
Last year, the Consumer Financial Protection Bureau began publishing summary data about consumer complaints in an online database. At first, the database only included details about credit card complaints. But, a few days ago, the…
New Law Proposed to Limit Overdraft Fees
U.S. banks earned $32 billion in revenue from overdraft fees in 2012, according to Moebs Services, an economic research firm. That’s $32 billion in fees that consumers paid to banks because they, the account holders,…
ATM Fee Disclosure Sticker No Longer Required
With most of our paychecks being directly deposited into our bank accounts, a trip to the ATM is almost always necessary if you want to have cash on hand. That can often mean taking a…