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Bank and Credit Union Reviews From NerdWallet’s Experts

Savings Corner

NerdWallet’s experts have reviewed and rated dozens of banks and credit unions to help you find those with the best accounts, branch and ATM availability, customer service and more. A smart way to monitor your money Track your cash, cards, and bank accounts all at the same time. 5.50% APY reflects a.75%

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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.

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How We Frugal-ed in June 2023

Family Balance Sheet

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. The money hit our account in April. Ask and ye shall receive!

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

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How We Frugal-ed in January!

Family Balance Sheet

They’re so easy. We each eat a half of potato for dinner and then I have 2-4 baked potatoes left over to use in other ways during the week, such as mashed or in quesadillas. Shred the chicken and use immediately or freeze. ALSO, I also strained the liquid that was left in the slow cooker to use in recipes.

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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

They already have savings accounts that they don’t know about. I send in $50 every month to each of their accounts. How much money do you want to send to your retirement account by the end of the year? Again, you’re not alone with this problem. Find yours and use it to make extra cash.

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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. It was a very scary time for us. We had enough to get us through one more month.