Online banks are the place to bank these days. Everyone is looking for the bank that is paying the absolute highest interest rate on savings accounts. However, finding the best online bank is not just a matter of determining who is paying the highest interest rate. While a high interest rate is important, there are a number of different factors to take into consideration. For example, you have to look at the operations of the entire bank and see if it is the best place for your money. Here are 5 things to look for when opening your new savings account:
Let’s talk about dividends. Fixed income and old-school investors all love dividends. Dividends are a share of company’s profits that are paid out to shareholders. Many stocks, bonds, and mutual funds offer dividends to investors. Dividends provide a stable income stream that help to improve investment returns. While dividends are great for those investors, they are actually a good fit for regular investors as well. Here are a few of the key advantages of dividends:
Dividends are actual income.
Have you been looking for a job and having no luck finding one? Finding a job is not always about being the best qualified candidate. A lot of times finding employment is all about who you know. “Who you know” you’ll often hear is more important than “what you know.” Making the right contacts is just as important as finding the right opening on Careerbuilder or Monster.com. So, the question then becomes where can you go to meet a new business contact?
Here are a few of the nontraditional places to look for networking opportunities:
You have finally settled on buying an automobile. You have found the exact make, model, and color that you want. Now comes the most difficult part: signing the papers. If you don’t have your financing in place before visiting the dealership, then you will have to apply for dealer financing. The salesman and finance manager will try to sell you everything from extended warranties to floor mats. You will have to be prepared for the never-ending sales pitch that is about to come. In this post, I am going to delve into how to negotiate a car loan, which is one of the key areas you need to master when trying to take advantage of our 5 tips on how to buy a new or used car from a dealer.
I recently wrote a post about the best financial advice from your parents. These topics ranged from getting out of debt to buying a home. Well, today I want to take a look at some of the things that you wish that you learned at an early age. This could range from learning about personal finance to investing in the stock market. All of these topics should be covered from elementary school through the collegiate years. At Money Crashers, we’re big advocates of financial education, and we believe that it should be a much bigger part of our educational curriculum at a young age. Here are 5 things that every person should learn as a kid:
I still remember those long talks from my parents that I used to get about being financially responsible. From teenage years onwards my parents were always trying to instill money management principles into me and my siblings. Now whether or not we took that advice was totally up to us. I realize now that following my parents advice would have saved me from many financial pitfalls. But hindsight is 20/20, and sometimes it takes falling on your face a few times to learn about life and about money. Here are 4 financial principles that I wish I had followed sooner:
Store discount cards are popping up everywhere now, from your local grocery store to warehouse clubs. These cards are promoted as a way for customers to get increased savings on everyday items. Discount cards can be a good thing if they really allow you to save on items that would have cost you more elsewhere. Discount items can also be a bad thing because they can trick customers into believing that they are saving money when in fact they are not.
Here are 4 places where a discount card may not be all that it is cracked up to be:
Buying a car should not feel like taking a trip to the dentist. Many car buyers make their visit to the dealership much more painful than it needs to be. An uninformed consumer is fresh prey to an unscrupulous salesman. You can avoid being taken advantage of by preparing yourself even before you ever set foot in a showroom. Knowledge is power, and this is ESPECIALLY true when buying a car. Here is some advice based on experience for how to prepare yourself before walking into a car dealership:
1. Researching your car online.
Have you been considering making the switch to satellite TV? The two major satellite companies are begging for your business. They are trashing each other’s reputations to win you as a customer. If you watch a DIRECTV commercial, then you will come away believing that Dish Network is a terrible value. Tune into a Dish Network commercial and you will believe that DIRECTV has horrible service. Who is really telling the truth? Which is the better value? Let’s size up both competitors and see who comes out standing:
I can tell you from experience that diversifying your portfolio can be a real headache if you aren’t sure of the proper way to do it. You could end up owning a large number of stock funds and bond funds. It can get even more complicated trying to diversify using equities. You could find yourself holding 20 or 30 different stocks. Trying to keep up with that many different investments could drive you insane.
What is the number one topic on the mind of American citizens? The answer is Jobs, Jobs, Jobs (and not Steve Jobs of Apple)! High unemployment and a slow recovery have everyone worried about the current job market. Policymakers, business owners, and individual citizens all have different ideas about the best way to stimulate job growth. The ideas being proposed vary from spending more money to cutting taxes. Let’s take a look at a few of the best job creation ideas being discussed:
A Second Stimulus