Adjusting to a New Baby

Two weeks ago, my wife and I welcomed our second child into our family. Our firstborn is three years old now, and I had forgotten how quickly things change upon the birth of a child. For instance: while holding our newborn daughter for the first time, my wife remarked how small she was. A mere hours…

GOBankingRate’s 10 best savings accounts for 2015

GOBankingRate recently reviewed over 120 financial institutions to create a top-ten list of the best savings accounts for 2015. The banks on the list are ranked according to their minimum deposit to open, minimum deposit to avoid a fee, monthly service fees, and the annual percentage yield (APY). GE Capital Bank Online Savings and MySavingsDirect MySavings Account…

Four simple ways to save

Jean Chatzky (financial editor for the “Today” show) thinks saving money is simple. At least theoretically. And theoretically, I agree. It’s like losing weight: if you want to drop a few pounds, you must burn more calories than you consume. Similarly, to save money, you need to make more money than you spend. However, we…

Your personal finances after graduation — part two

Earlier this week, we shared a few basic ideas that you can use to build a healthy foundation for your personal finances after college. Today, let’s look at some specific things you can do and goals to work towards to get your finances off on the right foot. Create a budget On the surface, a…

Your personal finances after graduation — part one

The transition period between college life to the professional world can be a formative time. It’s an opportunity to build a foundation for a healthy lifestyle during the next phase of your life. This includes your personal finances. Some people realize years after they start their careers that they need to get the financial part of…