When should you open your child’s first bank account? Now. It’s never too early to open a bank account for your child. Never.
Expecting a baby (still in the oven)? Perfect, you’re ahead of the game. Head to the bank and open an account in your name. While doing so, simply ask for the account title to reference “Baby’s Account.”
Just became a new parent (done cooking)? Head to the bank with your child’s SSN (if you don’t have it quite yet just hang ... [More]
Let me rephrase that - paying yourself first isn’t selfish, it’s smart. But we should back up. What does it mean to pay yourself first? You (hopefully) have a monthly budget that includes your bills and day-to-day expenses. Paying yourself first means that before you take anything else into account, you first set aside a pre-determined portion of your income into a savings account.
So let’s say you want to save 20% of your income, and your monthly take-home pay is $3,000*. You ... [More]
"I hate my bank!” It seems like you’ve uttered these words a million times, yet you keep going back for more. But why? Changing banks is simpler than you might think. Plus when you take into consideration all of the headache and hassle you’ll free yourself of, these simple steps it takes to change banks will seem even simpler.
1) Figure Out Why You Are Not Satisfied with Your Bank
This might seem like an easy question to answer, as you may have been complaining about the reason... [More]