Free, independent guides to banking, investing, loans & credit

EduFinance
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Personal Finance

Banking, budgeting, insurance, and taxes — the everyday money decisions that add up.

48 articles

Savings Accounts: How to Compare APY, Fees, and Access Personal Finance

Savings Accounts: How to Compare APY, Fees, and Access

A savings account provides a dedicated place to hold money that is not needed for everyday spending. Unlike a checking account, which is generally used for recurring bill...

Sofia Martinez Sofia Martinez
High-Yield Savings Accounts: How to Compare APY, Fees, and Access Personal Finance

High-Yield Savings Accounts: How to Compare APY, Fees, and Access

A savings account can provide a convenient place to keep emergency funds, short-term savings, and money set aside for upcoming expenses. However, the interest earned on a...

Sofia Martinez Sofia Martinez
Online Banking: How to Compare Digital Banking Services, Fees, and Security Personal Finance

Online Banking: How to Compare Digital Banking Services, Fees, and Security

Online banking has changed how individuals and businesses manage their money. Instead of visiting a branch for routine transactions, customers can use websites and mobile...

Ethan Kim Ethan Kim
High-Net-Worth Cash Management: Strategies for Structuring Multi-Million-Dollar Liquid Portfolios Personal Finance

High-Net-Worth Cash Management: Strategies for Structuring Multi-Million-Dollar Liquid Portfolios

Managing a few thousand dollars of household liquidity is fundamentally different from managing several million dollars in cash. Large liquid balances can arise from a bu...

Claire O’Donnell Claire O’Donnell
Trust Fund Setup and Administration: Protecting Family Assets Across Generations Personal Finance

Trust Fund Setup and Administration: Protecting Family Assets Across Generations

As families accumulate significant assets, a basic will may not address every issue involved in transferring and managing wealth. A will generally takes effect at death a...

Claire O’Donnell Claire O’Donnell
High-Yield Savings Accounts with Capital One, Ally, and Marcus: Comparing APY, Fees, and Access Personal Finance

High-Yield Savings Accounts with Capital One, Ally, and Marcus: Comparing APY, Fees, and Access

When building an emergency fund or holding cash for a short- or medium-term financial goal, the interest rate on a savings account can materially affect how quickly those...

Sofia Martinez Sofia Martinez
Bank of America Checking Accounts: Features, Fees, and Account Options Personal Finance

Bank of America Checking Accounts: Features, Fees, and Account Options

Bank of America offers several checking account options through its Advantage Banking lineup, with differences in monthly maintenance fees, minimum-balance requirements,...

Sofia Martinez Sofia Martinez
Joint Bank Accounts: What Account Holders Should Know Personal Finance

Joint Bank Accounts: What Account Holders Should Know

Combining finances can become an important part of managing a household. Couples may open a shared checking account to pay rent and utilities, adult children may help man...

Sofia Martinez Sofia Martinez
Home Insurance: What Coverage Typically Protects and What It May Exclude Personal Finance

Home Insurance: What Coverage Typically Protects and What It May Exclude

Home insurance is designed to help protect homeowners from financial losses associated with damage to their property, personal belongings, and certain liability claims. W...

Sofia Martinez Sofia Martinez
Umbrella Insurance: How Extra Liability Coverage Works Personal Finance

Umbrella Insurance: How Extra Liability Coverage Works

Homeowners insurance and auto insurance provide important liability protection, but the limits on those policies may not be sufficient for every household. A serious vehi...

Sofia Martinez Sofia Martinez
Checking Accounts: How to Compare Fees, APY, and Features Personal Finance

Checking Accounts: How to Compare Fees, APY, and Features

A checking account is more than a place to deposit a paycheck. For many households, it is the financial hub used for direct deposits, recurring bills, debit-card purchase...

Sofia Martinez Sofia Martinez
Certificates of Deposit: How CD Terms and Rates Work Personal Finance

Certificates of Deposit: How CD Terms and Rates Work

When organizing short- and medium-term savings, a certificate of deposit (CD) can provide a predictable interest rate in exchange for committing money for a specified per...

Sofia Martinez Sofia Martinez