Banking Blog

There’s more to banking than just paying bills and saving for a rainy day. Whether you’re trying to grow your savings faster, find a better way to pay friends instantly, or just teach your kids about money, we’ll help you get the most from your bank account — or find a better one.

Featured Articles

Do Check-Cashing Services Provide a Banking Alternative?

A couple of weeks ago, Business Insider published an amazing article by Alex Morrell...

Trent Hamm
Trent Hamm
Mar 11, 2019
How Does A Bank Work?

The Basics of Banking Recently, I received a lengthy email from a reader who had a ton of basic personal…

Trent Hamm
Trent Hamm
Aug 16, 2019
What Do You Need to Open a Bank Account?

Here\'s what you need to open a bank account in person or online.

Saundra Latham
Saundra Latham
Sep 17, 2019

Most Recent Articles

The Credit Check Situation

For the last week, there have been numerous reports of individuals who have opened Electric Orange checking accounts and after…

Trent Hamm
Trent Hamm
Sep 10, 2014
The Big Switch: My Thoughts On Electric Orange After Moving My Primary Checking Account There

About a month ago, I switched my primary checking account from my local brick and mortar bank to ING Direct’s…

Trent Hamm
Trent Hamm
Apr 19, 2018
An Introduction To Compound Interest With Spreadsheets, Part 3: A Simple Mortgage Calculator

Regular compound interest is (basically) the way most loans and savings accounts work, including home mortgages. Here, we’re going to…

Trent Hamm
Trent Hamm
Feb 24, 2007
An Introduction To Compound Interest With Spreadsheets, Part 2: Monthly Compound Interest, APRs, and APYs

Previously, we discussed how compound interest works on a year-by-year basis, but in the real world, interest is usually compounded…

Trent Hamm
Trent Hamm
Feb 24, 2007
An Introduction To Compound Interest With Spreadsheets, Part 1: Getting Started And Defining Compound Interest

Several readers have written me excitedly asking how exactly I do some of the calculations on this site and how…

Trent Hamm
Trent Hamm
Feb 24, 2007
How My ATM Card Directly Cost Me $30.28 In One Month – And How I Avoid Such Mistakes Today

While doing some calculations for my income taxes, I stumbled across the statement from my checking account for February 2006,…

Trent Hamm
Trent Hamm
Feb 22, 2007