Once you’ve worked to save some money, it’s time to make that money work for you. First, you’ll want to identify the right kind of savings account, one that meets your needs and helps your money accrue interest. Financial recommendation engines like Fiona make the search easy by directly comparing all of your options for you.
When the sun finally comes out, so does the temptation to spend. Weekend vacations, increased childcare and happy hours can all chip away at your bank balance and raise your expenses along with the temperature. That’s why it’s important to start savings this winter, to ensure that when next summer arrives—you’re able to spend without worry.
High-profile data breaches have heightened concerns about privacy online, especially for sensitive financial information. Customers are no longer limited by location — new online savings accounts expand consumer options beyond the banks with branches on your street.
Choose from the top savings account offers from the top institutions
Money Market Accounts, High-Yield Savings, and other options for your hard-earned money
Empower offers an AI-powered consumer banking experience that's instantly accessible to anyone. The company's mission is to democratize access to financial knowledge and improved financial outcomes by combining AI and human coaching to deliver an innovative suite of deposit products and personal finance solutions, all in a seamless, modern mobile experience. Empower was founded in 2016 in San Francisco by Warren Hogarth (CEO) and Justin Ammerlaan (CTO). The company is backed by Icon Ventures, Defy Ventures, Sequoia Capital, Initialized Capital, and David Velez, among other investors.
UFB Direct, a division of Axos Bank, is one of the most established and reputable online banks in the nation. Their branchless banking model and desire to offer our customers the most unique personal banking products and services in the industry distinguish us among financial institutions.
Aspiration is the first socially-conscious, sustainable neobank built to help everyone spend, save, and invest to both "Do Well" and "Do Good." By bringing quality, ethical, and sustainable financial products to all, Aspiration is on a mission to revolutionize the financial industry and change it for the better. Aspiration Partners, Inc. is a certified B Corp. Headquartered in Marina del Rey, CA, Aspiration Partners Inc is backed by investors including Alpha Edison, AGO, UBS O'Connor Capital Solutions, Sutter Rock, Allen & Company, the Omidyar Network, Social Impact Finance, Joseph Sanberg, Alex Pomeroy, Glenn "Doc" Rivers, Orlando Bloom, and Leonardo DiCaprio. For more information, visit Aspiration.com.
While most people are familiar with the term “recession,” they may not know how it affects them directly. Simply put, a recession is an economic downturn that lasts at least six months (i.e., two fiscal quarters). The downturn is linked to an overall decline in economic activity, in which supply mostly outweighs demand due to a lack of consumer spending.
There’s lots of options when it comes to saving money. Below we outline savings accounts, money market accounts, and cash management accounts.
Want a savings account? Then we’ve got some info for you to consider. After you finish this article, you’ll know if it’s the right time for you to get matched with a savings account that will help you work towards your financial future.
Building a budget to monitor, track and compare your spending habits is a great way to save for the future. By understanding the trends behind your spending, it will be easier to cut out unnecessary expenses and save more money.
What do you do when you wind up with a little cash after all your monthly bills are paid? Generally, you’ve got some options such as: Spend, Save, or Invest.
Some savings accounts offer over 2% annual interest, while others offer .01%! Using a search and comparison tool is very important!
Checking accounts offer a convenient way to take out cash, write checks and make purchases on a debit card — but they aren’t always the most effective way to earn interest on your money.
When you have spare funds sitting in your checking account, they stay stagnant and don’t accrue interest over time. If you were to transfer those funds into a savings account, specifically one with a decent APY—they may grow some nice extra cash for you to use in the future. With so many savings accounts out there, what’s the best way to find the one that works best for you?