Yes, You Can Have Too Much Money in a Savings Account
Money is weird. Almost everyone in America thinks they’re middle class, which obviously can’t be true—but that underscores how broke most people are, even people who ostensibly make a good…
When an Annuity Is a Good Idea for Retirement (and When It’s Not)
When it comes to planning your retirement, there’s often a lot of confusion. While socking money away to earn tax-deferred interest is a pretty simple concept, the wide variety of…
Here’s What Happens When Everyone Panics and Pulls Money Out of Banks
Photo: guruXOX (Shutterstock) Last month, the collapse of Silicon Valley Bank (SVB) was the second-biggest bank failure in U.S. history. News of bank failures naturally fuels concerns for bank customers…
How to Tell Whether Your Money Is Safe in the Bank
Photo: Sundry Photography (Shutterstock) The collapses of Silicon Valley Bank (SVB) and Signature Bank earlier this month were the second- and third-biggest bank failures in U.S. history. While those institutions…
The Difference Between Overdraft and Non-Sufficient Funds Fees (and How to Avoid Them Both)
Maybe you had to unexpectedly foot the bill at dinner, or you had to fill your gas tank before your paycheck hit this week. If you aren’t keeping a close…
10 of the Biggest Scams of 2022
Photo: Andrey_Popov (Shutterstock) Another improvement in technology that has helped scammers fill their pockets with more money this year has been the ability to falsify checks: At its root, the…
Why You Can’t Always Trust a ‘Cleared’ Check
Photo: Andrey_Popov (Shutterstock) For scammers, fake checks are the Toyota Corolla of cars—safe, reliable, and have been around for ever. And over the years, fake check scams have only become…