Cash News If you’re like most people, you have multiple bank accounts: a checking account for your routine expenses, a savings account for your emergency fund, a high-yield savings account to grow your money, a joint checking account to share with your spouse… the list can go on and on. With so many accounts to […]
A single dissent on the Federal Reserve’s interest-rate committee garnered plenty of attention last week. Understandably so. It marked the first time since 2005 that a Fed governor had opposed a rate decision. Michelle Bowman’s disagreement highlighted concerns that a half-percentage-point cut might be excessive for an economy yet to vanquish inflation. Nevertheless, her 11 […]
Cash News When saving for a rainy day or a major purchase like a home or car, you might consider opening a high-yield savings account (HYSA). These accounts operate almost identically to traditional savings accounts, except for one major detail: the interest they earn. Many high-yield savings accounts earn 10 times or more interest than […]
Egypt is gearing up to return to international debt markets for the first time in three years. Last week Ahmed Kouchouk, the country’s finance minister, is reported to have told investors that his government is hoping to raise around $3bn in external debt over the coming months. Much of this borrowing will take the form […]
Cash News With an unpredictable stock market and shaky inflation, a well-funded savings account is one of the best moves you can make for your finances. What that looks like could be different for everyone, but one common, recommended goal is $10,000 in a savings plan. It’s not so large to seem unattainable but not […]
Cash News Building a safety net is crucial for your financial security, but better tools may exist than a traditional savings account. The average annual percentage yield, or APY, for savings accounts was just 0.37% as of March 2023, so you won’t experience much growth. Luckily, there are other options for your savings that can […]
Cash News If you’re buying a new car (or new-to-you car), you might be wary when the car dealer asks if you’d like to purchase gap insurance. Is gap insurance just another way to trick you into paying extra for something your auto insurance already covers? Let’s take a closer look at what gap insurance […]
Cash News A savings account is a bank account where you can deposit money and earn interest. These accounts are a good place to keep money for a specific purpose, like buying a car or for money you don’t need for your day-to-day expenses. In many cases, a savings account you open will be linked […]
Cash News With home prices seemingly always on the rise, first-time home buyers in California are struggling to save for the initial costs of buying a home. Thankfully, there are several California first-time home buyer programs available to help close this gap. Let’s dive in to see how to find the best first-time home buyer […]
Cash News As a secured credit card, the OpenSky® Secured Visa® Card could be a useful tool for applicants who want to build credit and improve their score. While it only earns limited rewards, customers can qualify for credit limit increases every six months with good credit habits. There’s no credit check required, and your […]