We all know about checking and savings accounts, but you may not be aware of a third type of account. A money-market savings account combines...
Ken Tumin
Articles by this author
Where to Stash Your Cash Now
Cash is still king, but for how long? Last year, the Federal Reserve initiated an aggressive interest rate–cutting cycle when inflation dropped from exceptionally high...
CDs vs. High-Yield Savings Accounts
All the stock market and economic uncertainty this year means that you may want to hold more cash than usual. Fortunately, there are a few...
How to Switch Banks
Just the thought of moving your money to a new financial institution can be daunting—but it doesn’t have to be, says banking expert Ken Tumin....
Where Can I Put My Money to Earn the Most Interest?
With interest rates at their highest in decades, it’s been easy for savers to safely earn interest on their money with annual percentage yields (APYs)...
What Interest Rate Cuts Mean for Your Cash
After short-term interest rates reached their highest levels in two decades last year, savers feasted on 5%+ yields on bank deposit accounts and money-market funds....
Strategies to Make the Most of Your Cash in 2023
Cash is no longer trash. Yields on bank and credit union deposit accounts soared in 2022, as the Federal Reserve hiked short-term interest rates seven...
Stop Paying Annoying Bank Fees
Banking fees are frustrating…and often unfair. Here’s how to determine your financial institution’s potential charges…and avoid paying them. Request disclosure. Banks are required by the...
Best Places to Stash Your Cash Now
Lift-off! After punishing savers with two years of near-zero short-term interest rates, the Federal Reserve expects to hike its benchmark rate seven times in 2022...
