Want to Save More? Close Some of Your Savings Accounts
A new study suggests that having multiple bank accounts allows you to fool yourself into thinking you're saving more -- which means you'll really save less.
A new study suggests that having multiple bank accounts allows you to fool yourself into thinking you're saving more -- which means you'll really save less.
With battles raging over Social Security and millions of Americans facing underfunded retirement, are mandatory savings accounts the solution to America's retirement woes?
A new study shows that one third of parents plan to raid their retirement accounts in order to help pay for their children's educations.
A recent survey shows that a majority of Americans have more money in their "emergency funds" than the owe on their credit cards. But if most people have more savings than credit card debt, how come it also feels like the majority of us are broke?
For a Louisiana couple, a Feb. 28 visit from the Publishers Clearing House van carried with it an instant transformation from penny pinchers to millionaires. In an exclusive interview with DailyFinance, Elise Gutierrez laid out some of her savings plans for the future.
Across America today, millions of people are unable to save for even short-term emergencies -- but in some places, people have it worse than others. Business Insider reveals the states where residents are the least able to cope with unexpected money troubles.
Low interest rates may be great for borrowers, but they're terrible for savers. Bank accounts on average are paying around half a percent -- which doesn't even keep up with inflation. What to do? Turn to banks on the Internet.
It's hard to make huge changes in your spending habits all at once. To reach your new year's resolution to manage your finances better, try small steps instead. Financial experts offer 10 easy suggestions that could help you spend less and save more in 2011.
As the personal savings rate in the US has grown to 4.4% and continues to rise, Charles Schwab, TD Ameritrade and ING Direct are trying to entice investors to save a portion of that growing asset base with them.














