Is My Money Safe in the Bank?
The recent economic downturns have many of us asking ourselves questions: how do we know our money is safe in the bank? In past times of economic troubles, such as the Great Depression, it wasn’t uncommon for banks to experience what’s known as a “bank run”: when a large number of customers withdraw their cash…
How Do I Know if I Need a Checking Account?
If you’re new to personal finance and starting to make an income or if you’re looking for a way to manage your money better while keeping it safe, chances are you’ll turn to a checking account. Many Americans find checking accounts essential in the digital era for everyday transactions, withdrawals, payroll, proof of financials, and…
How to Open a Bank Account
There are lots of reasons to open a new bank account. Getting your first job, opening a business, or starting a new chapter in your life are all qualifying events. But the task can seem daunting – how much money do you need? Which bank is best? How long does the process take? The first…
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3 Ways to Keep Your Financial Information Safe and Secure
When we constantly hear stories about smartphones and national databases being hacked, it’s easy to fear for our personal information. In fact, it’s only natural that you might make some changes when it comes to your online behavior or other sensitive networks – so about your financial information? An increasing number of banks have shifted…
Personal Finance for Main St
When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?
