Banking is a critical part of building wealth for millions of Americans. Banks not only allow us to store our cash; they also provide financing for our major purchases, such as cars and new homes..
Once upon a time, banks were a place into which you would physically walk and fill out a deposit slip every time you were paid. When you needed money, you would drag yourself to the bank and withdraw.
When it comes to saving $20,000, it's unlikely that one financial move is going to help you achieve that goal in a short amount of time. For instance, you could finally work up the courage to ask your.
Remember back at the altar when you said "for richer or poorer" to your soulmate? You and your better half should keep that promise in mind before you head to the bank to open a joint bank account.
If you have a savings account, you're probably eking out a barely noticeable yield of 0.06% interest, which is the national average, according to the FDIC. That's far cry from 1980 at the peak of the.