Banks and brokers operate differently. Money in a brokerage account isn’t insured by the FDIC but it’s safer than uninsured deposits at a bank.
Guide to Money Market Fund & High Yield Savings Account (2024)
The yield on a money market fund adjusts to the current market. You aren’t at the mercy of a bank’s decision to catch up or stay behind.
How To Use a Securities-Based Loan to Manage Cash Flow
If you have large accounts with Fidelity, Schwab, TD Ameritrade, E*Trade, or Merrill Edge, you may be able to borrow at a very low interest rate.
Pay Rent Electronically By Zelle: Daily Limit and Recurring Payments
Zelle works well for paying rent, but it can be a challenge to find a bank that allows a higher sending limit and supports scheduled automatic payments.
How To Pay Off SBA COVID-19 EIDL Loan Early: A Walkthrough
A detailed walkthrough of all the steps in how to find the current balance and pay off or pay back the SBA COVID-19 EIDL loan early.
How To Find a Small Local Bank for Your Business
Not happy with the large banks over how they handled your small business accounts? Here’s how you can find a small local bank for better service.
COVID-19 Loans for Self-Employed: Where to Apply
CARES Act created loan programs for the self-employed. Get your loan applications in. Worry about loan forgiveness later.
Lock In Good CD Rates Before They Disappear
Banks and credit unions haven’t fully adjusted to the new normal in the bond market. If you act fast, you can still get the good rates from months before.
IRA Partial Transfer from Broker to Credit Union for CDs
Transferring part of an IRA from a broker to a credit union for a CD is easier than you think. My transfer completed in a little over a week.
While On International Travel, Always Transact In Local Currency
When using a credit card or debit card outside the U.S., always choose to transact in the local currency and reject the U.S. dollar amount.
Free Home-Based VPN for Accessing Financial Accounts During Travel
Your existing equipment may already support setting up a VPN at home, all for free. Try it before you use a third-party for VPN.
Add-On CD As A Hedge For Lower Interest Rates
Taking out an add-on CD with a minimum deposit hedges the possibility that interest rates will go down.