Saving News  When Should Children Start a Savings Account? There is some controversy concerning whether or not children should save money. And, if they should, when should children start a savings account? The answer will be different for each family, but these tips might help you decide when, and if, starting a savings account for your child is right.  more Reasons Every Family Should Have an Emergency Fund Long ago, men could expect to work at a job long enough to retire and be given a gold watch for their years of service. They knew that if they started working at a company, they would most likely be working there the rest of their life. Times have changed, however. Job security is a thing of the past. That is one of the reasons every family should have an emergency fund.  more Tips for Choosing the Right Savings Account The reasons for saving are as varied as the types of accounts you will find at financial institutions. People set aside money for emergencies or for future major purchases. Others save for a child’s education or retirement. Knowing the reason for having a savings account will help you choose the type you need, along with these tips for choosing the right savings account.  more Money Market Interest Rates From the amount of debt Americans have today, it’s obvious that people like to spend money. What’s better than spending money however is saving money. Unfortunately, most people don’t save, and if they do, they don’t understand about savings account interest rates.  more
Related News Saving Just Ain't What It Used To Be Thu, 09 Sep 2010 06:01:46 -0700 What with the rates of interest-bearing accounts dropping to their lowest levels in more than half a century, it's nearly as productive to shove your money under a mattress as it is to deposit it at a bank. As the NY Times reports: The average returns on interest-bearing deposit accounts slipped to 0.99 percent in [...] Saving: The better stimulus Thu, 09 Sep 2010 14:20:25 -0700 The Obama administration's stimulus package may have boosted spending in the short-term, but savings have a more lasting impact on the broader economy. Six Ways To Teach Your Children About Money Fri, 10 Sep 2010 09:06:17 -0700 Taxes, saving, investing and even wasting money are all part of the learning experience.