How To Switch Banks : A Step-by-Step Guide

You’re switching banks because you got offered an exceptional new customer bonus, you’re finally getting paid interest, or you’re just tired of having to deal with terrible customer service? You’re excited to move forward but you’re also thinking about how to switch banks? I get it! Following the seven steps below is the easiest way … Read more

Advantages and Disadvantages of Savings Account

Advantages of savings account include keeping your money safe, quickly withdrawing cash when needed, and earning interest. Disadvantages of savings account include monthly withdrawal limits, substantially lower returns than other accounts, and interest rate fluctuations. What Is a Savings Account? A savings account is a type of deposit account. You open one at a bank, … Read more

How Many Bank Accounts Should I Have?

How many bank accounts should I have? To better manage your finances, you should have three bank accounts. You should have one checking account and two high-yield savings accounts. How Many Bank Accounts Should I Have? I created the “3B Banking Method” which means you should have three bank accounts. Simple and easy enough to … Read more

15 Money Saving Tips For Young Adults

Becoming an independent young adult is a dream in our teenage years.  We dream about living on our own, having the perfect career, and becoming financially successful. I’m going to guess that becoming financially successful is probably your #1. Right? So how do we get there? How do we become financially successful?   Unfortunately, we don’t … Read more