federal savings bank how to choose a bank or credit union

Let’s say you’re moving to a new community and thus need a new home for your banking and checking services, or let’s say you’re in a situation where you’ve lost faith in your current bank and wish to move to a new financial institution. You need a new bank for your primary checking account and savings account. If you’re in a city of any size at all, you’re probably flooded with banking options. There are likely several local banks with …

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Recently, Ayana Mathis published a wonderful article entitled On Impractical Urges. The focus of the article was squarely on the “cult of success” in America and whether or not a person’s background can alter their path to realizing their ambitions, even to the point that a person’s background can prevent them from even recognizing that it’s possible for them to have big ambitions. “We have a cult of success in America. We believe that if we just work hard enough, …

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Earlier this year, my husband and I ordered a wooden shed for our yard. This decision took more than a year to make, mostly because we were hesitant to spend the money. A convergence of events led us to pull the trigger. We had to take a few trees down for starters, so we lost some privacy (but gained a perfect spot for the shed). My husband also decided to set up his weight bench in our garage, which meant we …

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If you want to earn rewards quickly (who doesn’t?), it’s important to choose a card that aligns with your spending habits and goals. With the number of cards out there, it can be difficult to narrow down the options — but don’t worry. We’ve done the research to make finding your ideal rewards card quick and simple. The Best Rewards Credit Card Combo for 2017 We recommend pairing the with the to maximize your earning potential. Here’s how. Our top …

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Over the last several years, I’ve paid off hundreds of thousands of dollars in debt and went from the precipice of bankruptcy to a path toward financial independence. I went from a career that depressed me to a completely different career that fulfills me. I did all this while undergoing major changes and challenges in my personal life at the same time. How? There is a secret to it. It’s one I’ve spelled out many times on this site, but …

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Summer is almost here and that means we’re about to enter peak travel season. Whether you’re planning a family vacation or looking to travel for business, there’s no doubt that any trip is more enjoyable when it’s paid for with points. Thankfully, 2017 might well be considered the year of the travel credit card, with a host of credit cards offering amazing signup bonuses and generous rewards rates. What makes this year so great for travel cards? There’s fierce competition between the card …

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While my husband and I have always worked hard, we didn’t really care about money until our late 20s. We felt the money we earned was there to spend, so we happily spent our paychecks and then some. And it never bothered us to make minimum payments on student loans, car loans, or credit card debt, either. But then it happened: We got pregnant with our first child. In an instant, we started viewing the money we earned in a …

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Over the last few years, I’ve become more and more interested in improving my physical fitness. The reasons are simple. I want to live longer. I want to be able to participate in more active things with my children as they grow older, helping them to practice their sports and other activities without passing out in a heap. I want to feel better and more energetic. I’ve tried a lot of different tactics with varying success. I’ve joined a couple …

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A new credit score will be finding its way to a credit bureau near you very soon. VantageScore Solutions, a joint venture of the three credit reporting agencies (CRAs), announced that the fourth generation of its credit scoring software will be released in the fall of 2017. The new score has been aptly named VantageScore 4.0. Why should consumers and lenders get excited about another new credit score — one that will stick to its existing range of 300 to 850? …

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What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. Struggling while near financial independence 2. Sneaky fees from investment firm 3. Ailing mother and financial struggles 4. Service work for lifestyle funk 5. Depositing checks 6. Investing and market timing question 7. Landlord unexpectedly not renewing lease 8. Getting into home eating routine 9. Buy now or …

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