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  • Home
  • Savings
  • CD Rates
  • Mortgages
  • Bank Games
    • Bank Game: Financial Football
    • Bank Game: Road Trip to Savings will Make or Break You
    • Jet-Ski Your Debt Away
  • Articles
    • We Are Rich
    • Time or Money
    • 7 Correct Money Principles
    • A Penny Saved Is A penny Earned
    • Slash Spending – Boost Your Money Market Account
    • Save Money on Household Utilities by Going Green
    • Saving Money and Sanity with Realistic Savings Goals
    • Money Resolutions: 3 Steps to Keep Them
    • How to Earn 13 Times the National Average Savings Rate FDIC Insured
    • 3 Easy Rules for Saving Without Budgeting
    • Budget According To Priorities Not Impulses
    • How Market Linked Certificates of Deposits Work
    • 15 Money Saving Tips That Will Beef Up Your Savings Account
    • Simple Steps to Getting a Savings Account
    • Savings Tips for Thriving in the Recession
    • 10 Simple Ways to Save Money Now
    • Real Money Saving Tips- From Real People
    • Just What Is a Savings Account?
    • What is a Rainy Day Savings Account?
    • Money Market Account vs. Savings Account Comparison
    • How to Find and Reduce Hidden Expenses
    • Is Your Bank Doomed to Fail? 5 Ways You Can Protect Your Savings Account
    • Traditional IRAs

How can a Financial Advisor help me? (The basics)

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If someone asked how you were doing financially, what would you say? You don't need to answer because I know that very few people have everything they need for a financially stable home. I know I don't. Just like dentists probably don't floss every night, financial advisors don't do everything they tell you to do either. What they can do is get you started on the right path by alerting you to "leaks in the boat," or turn an old sinking investment into something that is much more profitable. … [Read more...]

Filed Under: Retirement Accounts  Tagged: financial advisor, make money, why have a financial advisor

Is a newspaper route a good way to make extra money?

by

My kids have a monthly paper route that delivers once a week. However, they only make $9 a month,so we wanted the "big time" newspaper route which claimed that you could make up to $800. They saw dollar signs in their eyes and we called right away. I had to call several times before someone called me back. Even then we were put on a waiting list for over two months. The anticipation built. Here is what I found out about a paper route.... Claim: "You can make up to $800 a month" They say that … [Read more...]

Filed Under: making money  Tagged: make money, money market account, savings accounts

How can I make Money on Consignment?

by

Most of us spend a lot of money on our clothes. It becomes especially painful when we have to give those clothes up because they either don’t fit any more, or we don’t wear them anymore. Do you give them to Cousin Sally who is a single mom, or do you donate them to a charity? Either way you don’t get much of a return. One way is consigning them at a consignment or second-hand store near you.What is the difference between buying it outright and consigning it?ConsignmentUsually with consignment … [Read more...]

Filed Under: Money Market Accounts  Tagged: clothes, how to make money selling my clothes, how to make money with consignment, make money, make money with clothes, make money with consignment, money market account

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APY

APY or the annual percentage yield is the real rate of return of an investment over a period of a year taking into account the effect of compounding interest.

Compound Interest

Compound interest occurs when the interest earned on an account is credited back to the account and then interest is earned on the new total balance.

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National Average Savings Rate Calculation

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