Personal Financial Advice from a former Certified Financial Planner
ACH stands for Automated Clearing House (ACH). It is governed by NACHA which issues rules and standards. If you can’t comply with Nacha, you can’t be part of the ACH network. What Is ACH Used For? ACH is a way to make payments to bank accounts regardless of which banks …
Now that the economy is no longer awash in free money, financial companies, banks and brokerages are in customer acquisition mode. New customers tend to stay customers, especially when scary stories on TV or scary circumstances trigger the impulse to stay put. $50 Fee for Fidelity Youth Account You probably …
A debit card is a useful money management tool. It provides credit card-like access to purchases, but the money comes directly from your checking account, not from a line of credit. Many people prefer to use debit cards in order to avoid the pitfalls of credit cards. Some banks and …
Update: As of July 2022 the new interest rate on Marcus Savings accounts is 1.20%. Something as simple as a savings account can be a quick place to improve your personal finances. Will an online high interest savings account help you, and who are the banks with high interest savings …
I have been in the personal finance game long enough to have seen some trends. One of those trends is the increase in free money offers, zero interest offers, and cash back offers, like the $400 Wells Fargo Free Checking offer that showed up in my mail. If you are …
Waiting for your bank or credit union to raise the interest rate they pay you on your savings or money market accounts? Don’t hold your breath. Better Savings Interest Rates While the Fed kept interest rates at zero, most banks followed suit with their basic interest-bearing accounts, getting as close …
WalletHub reviews are mostly positive, but let’s take a deeper look into exactly who WalletHub is, and what they do. What Is WalletHub? WalletHub is an online financial service that offers personal finance tools for users. The main offering is a daily free credit score, and the related free credit report. …
What Is SoFi? In this SoFi review we will take a look at what SoFi offers and the pros and cons of SoFi. We’ll see is SoFi legit, or is this all a SoFi scam? SoFi, like most other niche financial services companies, is expanding. It turns out that once …
What Is Afterpay? Is Afterpay a good deal? How does After pay work, and what do Afterpay reviews say about the buy now, pay later, company? What Is Afterpay? Even before the Square buyout of Afterpay was announced, there was increasing buzz around the so-called buy now, pay later company, …
You may have seen the commercials for Zelle, the new payment app. They aren’t very specific about what Zelle does, or how it does it. Questions that may pop into your mind are things like, how does Zelle work? Is Zelle legit, or a scam? Why would I bother to …
