How to Give Your Checking Accounts an Extra Boost

June 23, 2014

When was the last time that you talked to somebody that was excited about the interest rate on their checking, savings, or money market account? Most people really don’t get worked up into a frenzy talking about personal finances and it’s especially rare to hear people excited about the interest rates banks are paying these days. Unless you have completely avoided paying attention to your personal finances over the past few years, it is no secret that interest rates are extremely low right now. When I say really low, I really mean practically nonexistent. While this is excellent for most borrowers, it doesn’t really provide us with a great deal of incentive to shop around for more competitive interest rates when parking our money at financial institutions. Continue reading “How to Give Your Checking Accounts an Extra Boost”

Do You Really Know How Much Is In Your Checking Account Right Now?

October 24, 2012

I guess it’s no mystery who is responsible for keeping track of where the money goes in my household. As a financial planner, you might call it an occupational hazard, but what frustrates me the most is that I’m not the one that is regularly spending the money. Susan is primarily responsible for clothes, groceries, and other household expenditures that are required to maintain a household of six. Continue reading “Do You Really Know How Much Is In Your Checking Account Right Now?”

Yes, You Can Earn 4% in a Checking Account

July 21, 2011

“What checking account pays 4%?” asked my colleague incredulously. I had just done a practice run through of a workshop on basic money management skills and had mentioned that there were rewards checking accounts that paid interest rates as high as that. No, this Continue reading “Yes, You Can Earn 4% in a Checking Account”