savings

Finance Basics: What is a Savings Account and How Should I Use It?

March 15, 2013 by Eric Rosenberg

Savings accounts are a great option for keeping some cash on hand for easy access, but many people treat their savings too much like an investment or a checking account. Here are the important things to know about savings accounts, how to use them, and how to not use them.

4 Banks with No Fee Checking and Savings

December 17, 2012 by Eric Rosenberg

I had a checking account at US Bank for more than ten years. When I signed up, I filled out forms for a “free checking for life” account. Last year, they decided to start charging a monthly fee. I closed the account. While there was no option to keep my free checking for life at US Bank, I have found many banks that offer free accounts.

Update August 12, 2013 – PerkStreet financial has ceased operations, so this list now only contains three banks.

Moving Past the Emergency Fund: The Liberty Fund

August 22, 2012 by Eric Rosenberg

In the past, I have written about the importance of an emergency fund many times, and have even given you updates on my progress to save up cash just in case. I have decided that am emergency fund is not good enough for my current situation, and I am saving up for something new I am calling a “Liberty Fund.”

Why You Should Keep Everything at One Bank

November 23, 2011 by Eric Rosenberg

I have tried many different combinations of accounts in my life. At one point, my credit card, brokerage, checking, and savings were all at different places. At one point, everything was in one place. I found some big benefits to keeping everything in one place.