Americans unleashing pent-up savings could drive up inflation and rattle parts of the market, JPMorgan's chief strategist says
Karen Ward of JPMorgan Asset Management said inflation could average 3% over the next 10 years, in what would be a major change for markets.
The best credit unions should be easy to join and pay competitive rates on checking and savings. All should be federally insured by the NCUA.
By saving up two years' worth of expenses, the author was able to leave her job when a new boss made it clear she was no longer valued.
Your 2020 FSA dollars will be available to use until the end of the year. Here's what you can buy with your pre-tax dollars.
Your 2020 FSA dollars will be available to use until the end of 2021. Here's what you can buy with your pre-tax dollars.
She wanted to invest more for retirement but needed $3,000 to buy into her chosen index fund, so she hustled hard to save the cash.
Americans have saved $1.6 trillion since the pandemic started and it poses little inflation risk, the Fed says
Americans were sitting on $1.6 trillion of cash even before Biden's stimulus sent them more direct payments. The Fed estimates a third will be spent.
By increasing her earnings and limiting her housing, food, and hobby expenses, the author and her husband maximize their savings.
The best no-fee checking accounts available right now include Capital One 360, Discover CashBack Credit, and Simple Online Checking.
At the very least, the best checking accounts are easy to access, whether online or in person, and incredibly cheap to maintain, if not free.
If you're earning a low yield on your cash, you may be able to make more interest on your money without investing in the stock market.
Sean, "The Money Wizard," has been working to build his net worth since getting a $10-an-hour job at 16 in 2006.
The best rewards checking accounts make it relatively easy to earn the reward and have low fees.
Each of the best money market accounts has a competitive APY, is FDIC-insured, and is appropriate for modest and super savers alike.
Jumbo CD rates usually require a $100,000 minimum deposit. The best ones pay high interest rates and have plenty of term options.
We combed through offerings at over 2 dozen national banks to find the best CD rates right now. Here are our top picks for 1-year to 5-year terms.
The best 1-year CD rates are at least 0.60%, and in most cases, you'll lock in that rate for the entire year.
The best savings accounts do not charge excessive fees, are easy to access, and earn an interest rate above the national average of 0.07%.
Your mortgage's closing costs depend largely on the state where you're buying a home, and if you have to pay property taxes up front.
I ditched my car and joined a car-share program 3 years ago, and it's saved me well over $6,000 since
With a car-share program, you sign up for an annual membership then borrow a vehicle from a fleet when you need one.
I learned a powerful lesson about spending money during the pandemic, and I'm doing 2 things to make sure it sticks
As social calendars start to fill up again, the author expects it to be harder to spend mindfully like she did during the pandemic.