savings account

Banks are rolling out the red carpet and handing out cash to new checking account customers. It’s much easier to transfer, withdraw, and spend money that’s stored in a checking account. Spend too much? Thanks to overdraft protection, that’s no problem. The first step on the road to financial stability is opening a bank account. […]

For many years, one of the best places to put your money was in a high-yield savings account. These specialized savings accounts offered higher-than-average interest rates, and they gave absolutely anyone the opportunity to make more money by simply saving more money. You could make a few hundred extra dollars each year just by leaving […]

Keeping your hard-earned money in a bank account is easy – and it’s perfect for safekeeping. But what if there was a way to not only safely store your money, but also generate even more cash? That’s exactly what a tax-free savings account is designed to do. Available to all Canadian residents, a tax-free savings […]

Saving for retirement requires decades of dedicated financial planning – and even if you’ve prepared, you may be left woefully short of your retirement goals. CNBC¹ reports that 21% of Americans don’t have a single dollar saved for retirement, and a surprising 78% report feeling “extremely” concerned they don’t have enough saved. But there’s an […]