Archive for the 'Savings' Category


Why I Like ING Direct

Many financially-savvy people have turned to online banks for their savings (and sometimes even checking) account needs. Online banks often provide higher interest rates and better customer service than traditional brick-and-mortar banks. Of course, the lack of a physical branch makes it harder to access your money immediately.
Here’s my personal experience with one of [...]


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When Saying Goodbye to $1030 is a Good Idea

There is a saying that people throw around with an air of wisdom without truly knowing the financial consequences of following: an ounce of prevention is worth a pound of cure. It is easy to say this to the young intern that needs a new brake system to prevent a future accident, or to the [...]


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How to Save for Multiple Goals

I am more motivated to save when I know exactly what I am saving for. I’ve found that two things help me stay on track with my savings: prioritizing my goals and planning in advance how each paycheck will be split between the goals.
As I mentioned in my post on my financial tracking system, I [...]


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The Best Bank for Your Money

The best banks? That’s what readers often want to know. In addition to the best banks, they also want to know where I bank. With 181 Accounts, I obviously have lots of financial relationships.
Here’s a rundown of where I do my business and my favorite in each category.
Online Savings Accounts
The Best: ING Direct
The Rest:

Etrade
HSBC [...]


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Stacking Financial Incentives at Costco

I checked our mailbox recently, and to my surprise, there was a rebate check from Costco! I didn’t even realize it had been so long since I asked readers What Am I Supposed to Buy at Costco?
After a year of shopping at Costco, it’s practically our main stop for groceries, gas, and various other things. [...]


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