The money-market fund (MMF) is back. After years of minuscule yields, this once-popular choice for savers is back to offering respectable returns — in some cases, at least equal to the rates offered by online
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In 1909, Merkel Landis of the Carlisle (Pa.) Trust Company had what turned out to be a great marketing idea. Knowing that many of his customers set aside money for Christmas spending, he launched the “Christmas Club”
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Many U.S. adults wish they had done things differently with their finances. That’s the key take-away from a new national survey from the personal finance site, NerdWallet. Specifically, 71% said they have financial
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The use of Health Savings Accounts (HSAs) is growing rapidly, but users are not taking full advantage of all that the accounts have to offer. Those are some of the key findings in the Employee Benefit Research Institute’s
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The Fed’s latest interest-rate increase, continuing a rate-hike pattern started in December 2015, is nudging rates higher for savings accounts, money-market accounts, and certificates of deposit. Rates paid on savings
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SMI Executive Editor Mark Biller is on the radio this weekend with Rob West and Steve Moore of Compass – finances God’s way. Their conversation takes a closer look at saving money — how much is too little and how much is
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One key to becoming a successful investor is to "keep your eyes up and [looking] over the horizon" — as SMI Executive Editor Mark Biller explains on today's MoneyWise radio program.
Only by maintaining a long-term look
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When it comes to guidance about saving money, the Bible uses the word “fool” to describe two extremes — not saving anything and saving too much.
In the first case, we’re told it’s foolish not to save: “In the house of the
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Of all the things a kid (or we adults, for that matter) can do with money, saving it may be the most boring. Spending, of course, is fun. Investing and giving can be exciting as well. But saving money is all about setting
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Looking for higher interest rates for your savings? Join the club. Rates on savings continue to scrape the bottom of the barrel. Even with the Federal Reserve announcing in December its first interest rate hike since the
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