Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

Saving Money on Expensive Car and Truck Repairs

High Return Savings Account — Tue, 08 Nov 2011 15:11:21 +0000

One of the best ways to gain ground economically is by saving money on expensive car and truck repairs. Just how expensive are car and truck repairs? Your dealer charges upward of $100/hour for labor service. Do YOU make $100/hour doing… ANYTHING? Yeh, me neither. So how can you make an impact on your car or truck bill yet still have confidence your car will run right? In all honesty if you’re willing to get your hands a little dirty you can go a long way toward saving money on the most expensive piece of equipment you own: your car or truck. Three Easy Car or Truck Repairs You Can Do Yourself Oil Change Without a doubt oil changes are among the easiest do-it-yourself fixes out there. Depending on your shop you can expect to pay $40+ for an oil change and filter which you could do yourself for an hour of your time and $20 in oil and a filter from Walmart Air Filter Replacement This one is the easiest of all time. Swapping or cleaning an air filter takes under a minute – yet your service dealer will charge you $30 for it. A filter typically costs $10 [...]

Saving Money on Expensive Car and Truck Repairs is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

High Yield Savings Rate Forecast 2011

High Return Savings Account — Mon, 26 Sep 2011 15:57:39 +0000

Just taking a moment to update our high yield savings rate forecast for 2011. Given the dismal outlook for the economy and what seems like a never ending stream of negative prints on economic activity indicators we have little reason for improved yields. The Federal Reserve Bank has gone on record indicating no intent to increase rates until 2013, meaning they don’t expect much in the way of growth or inflation in the foreseeable future. What Does This Mean for People Relying on Fixed Income People who have been living on fixed income for the last several years have seen their yields drop precipetously since the initial financial crisis in 2008. Since then yields have been in a free-fall. It was hoped by many that the initiation of QE2 by the Federal Reserve might jump-start the economy but it really only fueled speculation in financial markets. Given the Fed has opted to keep rates low for an extended period, fixed income yields will remain exceptionally low. High interest savings accounts online are paying dismal rates today and are not keeping up with cost increases in health care and energy. Some still wonder whether they need to know how to beat [...]

High Yield Savings Rate Forecast 2011 is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

How to Make Extra Money in College

High Return Savings Account — Wed, 07 Sep 2011 00:02:58 +0000

It’s that time of year again, and if you’re anything like I was you’re wishing you knew how to make extra money in college. The good news is that these days the tools available to earn a few additional dollars online are easier (and cheaper) than when I was in school. If you have access to the library computers and a little bit of internet know how you can learn in a few days all you need to know. The Key to Learning How to Earn Extra Money in College: Get Started NOW The internet is a wide open marketplace with opportunity everywhere you turn. Odds are you have a hobby or interests, or some other skill or passion, right? Did you know that there are literally thousands of companies looking for someone just-like-you to help them reach people with the same passions as you? With a few skills and a little bit of inside web marketing information you can quickly learn what opportunities are out there that don’t cost more than a couple of cups of coffee and will make you money but won’t feel like work. How is this possible? Free and Freedom Are the Beauty of the [...]

How to Make Extra Money in College is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

How to Beat Inflation

High Return Savings Account — Wed, 27 Apr 2011 17:56:32 +0000

The only sure way I know how to beat inflation is by tying your income to whatever items’ prices are rising the fastest. People who have the ability to earn commissions based income on products with quickly rising prices will inevitably be first in line to benefit from the purchasing power destruction that is inherent in inflation. How to Beat Inflation: Understanding Why Most Will Lose the Race Knowing how to beat inflation comes from understanding that gathering money is a race – and that high inflation makes the race all the more important to win. In a more or less stable pricing environment, everyone more or less has the opportunity to find a more or less satisfactory lifestyle. In a high inflation environment like we are seeing today (regardless of what the idiots at the Fed are telling us), only those who are able to tie their incomes to items rising in price will be able to keep the lifestyle they’ve become accustomed to. The rest of us (even those of us with jobs) pay the price for the largesse of the banks by means of “productivity increases” – which you can read to mean stagnant wages which produce [...]

How to Beat Inflation is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

Bank Accounts for Bad Credit

meltaylor — Mon, 22 Nov 2010 11:11:30 +0000

A lot of people take their bank account for granted. It’s not surprising, really: some people have had their account since they were young, and are able to open new accounts without a second thought. However, it’s not that easy for everyone. If you’ve had trouble with credit in the past, or if you’ve never had any financial experience in this country, your credit rating may not be good enough to qualify for the current accounts that banks advertise. This can be more of a problem than it may first seem. Bank accounts provide a safe place to put your money; an easy means of paying bills (by Direct Debit); a place for employers to send your salary, and so on. Without an account, and without these facilities, life can be a lot more difficult. However, there is help available, in the form of bank accounts for bad credit. What kinds of bad credit bank accounts are there? Basic bank account Most banks offer a basic bank account, although they may not openly advertise them. As the name suggests, a basic bank account offers only the basic banking facilities – like somewhere for people to put their money, or a [...]

Bank Accounts for Bad Credit is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

Saving Money on Groceries

High Return Savings Account — Tue, 05 Oct 2010 00:07:33 +0000

Saving money on groceries is one of the few areas where a frugal parent can make a dent in the household budget. When times are hard like these stretching the food money a little further can go a long way to making the money woes a little better. The food budget in a typical American household accounts for approximately 13-14% of the budget. Given the median household income is $49,000 / year that works out to over $6,000 per year spent on food – whether eating in or eating out. These figures may or may not be typical of your home but the point is that any money spent on the keeping your family fed over the absolute minimum is an opportunity for saving money on groceries. How much any family chooses to take advantage of that opportunity is obviously an entirely different matter. Taking Stock of How You Shop for Food When Dining Out One of the easiest ways to find extra pennies in the dining category is the number of times you eat out. There are several opportunities for saving money on groceries when at a restaurant, namely by avoiding the high cost, poor bargain items on the [...]

Saving Money on Groceries is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

Online Banking Review | HSBC Bank: Loans, Yes. Deposits?

High Return Savings Account — Tue, 05 Jan 2010 05:17:37 +0000

If you get to the end of this online banking review of the operations of HSBC bank and don’t understand what the heck is going on, believe me when I say I empathize. HSBC is one of the largest bank holding companies in the industry, and deciphering their myriad operations is simply a mind numbing task. Imagine If You Will a Large, Omnipresent Bank While the header text to this paragraph may sound like the beginnings of a twilight zone episode… maybe it is! HSBC (named for it’s founding member bank – Hong Kong and Shanghai Bank Corporation Ltd) has operations just about anywhere money changes hands. They are considered the leading bank in China and Asia Pacific, yet their headquarters is found in London (banking center of the universe – but what else would you expect from a truly global bank?). They also are considered a top Islamic bank, with operations in the Middle East, as well as a prominent bank in South America (ops in Brazil). Oh… and they have a US wholly-owned subsidiary with $175 billion in assets. A quick look at how those assets break down indicate a $75 billion loan portfolio, $25 billion in trading [...]

Online Banking Review | HSBC Bank: Loans, Yes. Deposits? is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

High Yield Money Market Accounts | 3 Offers Reviewed

High Return Savings Account — Thu, 31 Dec 2009 05:04:01 +0000

High yield money market accounts are a great place for your money in low rate environments like these. Although the returns are not necessarily spectacular (quite the contrary in fact), rates are competitive and FDIC insurance reduces the default risk so many other yield bearing instruments are burdened with. In addition to the risk-competitive rates on high yield money market accounts is the liquidity of the assets. This keeps your cash handy should the economy pick up and other investments begin to appear more attractive. Rate Flexibility Helps High Yield Money Market Accounts Keep Up with the Joneses Rates flex frequently (usually monthly or with changes in the Fed rates), meaning your deposits won’t fall behind if inflation picks up. Cry your heart out if you’re locked into a long term CD at these rates when the music picks up and the yields suddenly jump. I won’t be holding my breath (things being the way they are) but on the other hand it’s nice to know I can move money out into more attractive investments without an early withdrawal penalty. Today’s Rates Low But Still Meaningful in Real Terms A quick scan of current bank rates in high yield money [...]

High Yield Money Market Accounts | 3 Offers Reviewed is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

Online Banking Checking Savings Accounts | Bank Review: EverBank

High Return Savings Account — Wed, 23 Dec 2009 13:03:22 +0000

Which online banking / checking / savings accounts are best? Consider what you expect from an online banking experience, and consider how my sponsors fare in that regard as I review each of my sponsor banks in turn. We'll begin with EverBank - a full service financial firm based in Jacksonville Florida.

Online Banking Checking Savings Accounts | Bank Review: EverBank is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

How a High Rate CD Account Can Dramatically Alter Investment Portfolio Risk

M.Sage — Tue, 24 Nov 2009 02:11:59 +0000

Did you know that a high rate CD can be an important part of your retirement portfolio? Did you know that combining a high rate CD with your retirement stock portfolio can substantially improve the risk/return profile of your holdings? Adding a High Rate CD Account Reduces Risk It’s true. Adding a low/no risk fixed income asset like a fully insured high rate CD (or portfolio of smaller CDs to ensure they have FDIC coverage) can dramatically alter the shape of your risk/return profile of your retirement nest egg. The beauty of adding a fixed income high rate CD (sponsored CD link) is that it sets a base-line return for a zero risk investment – which when combined with a portfolio of risky assets (stocks, ETFs, mutual funds, etc.) it creates a flat sloped line between zero risk (the risk free asset) and your optimized / efficient portfolio of risky assets. A typical portfolio of risky assets (even when perfectly / efficiently balanced) will have a long curve which typically ends somewhere around 6-8% standard deviation (risk level – meaning 95% of the time your portfolio results will be X +/- 12-16% – 2xStandard deviation). Given that typical stock market [...]

How a High Rate CD Account Can Dramatically Alter Investment Portfolio Risk is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info