As detailed in my recent 2019 Review, Betterment is now promoting their Smart Saver Account as an alternative to traditional banking products. On many levels, this is understandable. Betterment offers personalized, long-term investment portfolios comprised of widely diversified stock and
I enjoy reading and writing about the investment strategies discussed in this Betterment review. But that’s atypical, and most individuals would rather spend their time doing something other than managing an investment portfolio. If you aren’t interested in tinkering with your investments,
Our current personal banking system is one of the simplest, most powerful tools I’ve ever created to optimize our finances. Here are a few of the benefits that I will later describe in detail: Prevent any-and-every type of banking-related fee
As I was reading through a few online forums, I stumbled across a thread discussing high-yield savings accounts. There were several users claiming to have found a true 5% savings account with FDIC insurance. Vanessa and I already have several
Vanessa and I have been Discover Bank customers for roughly seven years. We maintain several bank accounts and credit cards with Discover because the company continues to emphasize quality customer service while offering competitive products. In addition to 24/7 customer support
Discover recently announced that the Discover it® Credit Card is offering a double cash back promotion. All cash back earned in the first 12 months of card ownership is doubled. That means 2% cash back on everyday purchases and a whopping 10%
As many readers know, Vanessa and I are long-time Discover Bank customers. Although we are generally pleased with Discover’s product offerings, I was intrigued by an email I received about CIT Bank and have opened three separate accounts detailed later in this review.
Every human being faces the same two-part dilemma in personal financial planning. First, we must figure out how to best utilize our skills and passions to earn a living. Second, we must decide how to best utilize that earned income
My recent saving rate tutorial has me thinking deeply about the intimate relationship between spending and saving. Over the last several years, a significant portion of my writing has explored the importance of healthy savings in building wealth and creating financial flexibility.
Your personal saving rate is an important financial calculation, providing valuable information about how you choose to spend or save your income over time. Furthermore, your personal saving rate is one of the most important factors in determining how long