savings account

How Being Too Cheap Can Cost You a Fortune

Being frugal is smart, and these days, it's fashionable too. Sometimes, though, it just doesn't make sense to be a Scrooge: Going too far in your attempts to save can have financial consequences that leave you significantly worse off. Here are nine ways you shouldn't cut corners.

Guaranteed to lose spending power

With an unpredictable stock market, savers are looking for safe havens for their money. The issue of maintaining an account balance is particularly...