Opening a savings account can help you take control of your finances. You can use your account to save for a large purchase or to set up an emergency fund. Emergency funds can help you weather unforeseen occurrences. The common guideline is to save up to three to six months of your common expenses to take on any challenges that come your way. As you explore where to open a savings account, consider the following questions.
Posted in: account, balance, banking, fees, minimum, money, monthly, online, saving, savings
The prevalence of online banking and other financial transactions means the need for smart cyber security has never been more important. According to the Federal Trade Commission
, more than 1.3 million Americans were victims of identity theft in 2020, and American consumers collectively lost more than $3.3 billion to fraud. So, what steps can you take to safeguard your information against scammers and identity thieves? Here is our Sound Advice for better cyber security and financial protection.
Posted in: banking, data, fraud, identity, online, personal, protecting, protection, purchasing, theft