Financial Tips & Tools
November 14th, 2008 by Esswi
Excerpted from SEFCU
Check out your banks website and read all about money-saving ideas at their financial education center or tips and tools section. Today, banks want to give you an overall appearance of concern and care so they have become more informative. Not only do they offer free courses from month to month, they offer video clips on their website and information about auto insurance, health insurance, long-term care insurance, home ownership education, goal-related calculators and lots more. So, check out your banks website or walk into your branch and find out how you can become a richer, better and well-informed customer.
Also, check out one of my favorite online banks (www.ingdirect.com)
Financial Blessings!
- Posted in Banking
January 16th, 2009 at 9:41 pm
To invest in stocks you could use a traditional broker (check out http://www.smartmoney.com/investing/economy/smartmoneys-annual-broker-survey-23119/?story=2004-discount-table) or you could try online trading for very low commissions at E*Trade (http://us.etrade.com) or ShareBuilder (http://www.ShareBuilder.com).
If you are looking for a good bank to keep your money in, I wouldn’t be too worried. Even if a bank goes under as long as it was FDIC insured a new bank will pick it up and your money won’t go anywhere. For example Washington Mutual went under, but was picked up by JP Morgan Chase. I personally prefer online bank accounts because of the much higher interest rates. Here are some of the best ones (http://articles.moneycentral.msn.com/Banking/BetterBanking/TheTop10OnlineBanks.aspx). I used INGDirect (http://home.ingdirect.com/) for many years and now primarily use CitiBank Online.