If you have any high-interest consumer debt such as credit cards, now might be a good time to start paying it off. Due to current inflation, interest rates are expected to rise this year. The federal funds rate set by the central bank influences the prime interest rate. The prime interest rate is what lenders […]
We’ve all been there, an unexpected overdraft fee. Well luckily for Bank of America customers, the bank has decided to cut the charges given to customers who spend more than they have in their account. Starting in May, the bank based in Charlotte, North Carolina will decrease overdraft fees from $35 to $10. Fees for bounced […]
Prepaid debit cards are a convenient way to make purchases, they prevent consumers from spending more money than they have and it is easy to add funds. Prepaid debit cards are like an auto brake pedal. They stop you from crashing and going overboard with your spending.
Whether it’s saving for the holidays, a major purchase or for emergencies, use this simple guide to help you capitalize on these savings and keep more money in your pocket.
How much have you learned when it comes to managing your finances to put you on track for that next decade?
Today Mellody is talking about financial information, and how to protect it. Mellody: With numerous headlines over the past few years about data breaches at major…
US Banks take in over $38 billion in overdraft fees, which equate to more than 75% of the fees they charge on consumer deposits period. With the economy so tight these days, do you really have additional money to throw out the window? As I often remind my clients, banks are not charities; they will […]
