article thumbnail

Why We Left Traditional Health Insurance

Family Balance Sheet

Health insurance is a touchy subject. Instead I’m writing about my family’s experience with traditional health insurance and how it has affected OUR finances. Let’s start at the beginning: Health insurance wasn’t always so stressful for me and my husband and to begin our story I need to go back a few years.

article thumbnail

How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

They can cause a panic, especially when just one bill is into the four figures, like our property taxes or auto insurance! Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government.

Bills 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best Money Market Account Rates of 2023 (up to 5.30%)

Savings Corner

A money market account is a deposit account that shares some checking and savings accounts features. Most banks offer this account type. Money market interest rates are comparable to those found with savings accounts, with the best money market rates around 0.50% APY or higher.

Money 52
article thumbnail

Bank and Credit Union Reviews From NerdWallet’s Experts

Savings Corner

These institutions are typically insured by the Federal Deposit Insurance Corp., Additional information can be found at [link] CIT Bank Platinum Savings Min. Cash management accounts are typically offered by non-bank financial institutions. Checking accounts are used for day-to-day cash deposits and withdrawals.

Bank 52
article thumbnail

10 Best Low-Risk Investments In April 2024

Savings Corner

That may be fine if your goal is to preserve capital and maintain a steady flow of interest income. High-yield savings accounts While not technically an investment, savings accounts offer a modest return on your money. But if you’re looking for growth, consider investing strategies that match your long-term goals.

April 52
article thumbnail

How We Frugal-ed in June 2023

Family Balance Sheet

This update includes how we frugal-ed in April, May, and June. 2 – We opened up high-interest savings accounts and earned $250 in interest. We are in what I call our “shovel season of life” Our oldest daughter leaves for college in the fall of 2024 and we have a big savings goal to hit before then.

Frugal 100
article thumbnail

7 Best Savings Accounts of January 2024 (Up to 5.27%)

Savings Corner

What you need to know about the best savings accounts What do the best savings accounts have in common? The best savings account interest rates are around 5%. At a brick-and-mortar bank, you’ll often find savings rates closer to the national average, which is currently 0.46%.