The U.S. News and World Report publishes an annual list of the best business jobs. Among the positions that look promising for money managers are accountant, financial adviser, financial analyst and financial manager. Investment bankers aren’t mentioned on the USNFP list, but ...
It seems like such a simple question: How big is the U.S. money supply? But as with a lot of things in economics, the answer depends on the definitions you use. The government definition of the money ...Read More
Bank guarantees and bank bonds are both financial instruments that help protect the parties who engage in a contracted exchange for goods or services. A bank guarantee, sometimes called a letter of ...Read More
When you have extra cash, leaving it in your checking account might make you feel like you've got a big cushion, but it won't earn you much interest. You don't have to take on additional risk, like ...Read More
In every state, two or more people can open a joint checking account by putting their names on the same account. Joint checking accounts are particularly common between spouses. Since these accounts ...Read More
As of March 1, 2013, Social Security checks are a thing of the past. Instead, payments to Social Security recipients are electronic. To set up direct deposit for Social Security benefits, you have ...Read More
Turmoil in the stock market and bank failures worry people, especially anyone who has a bank handling their IRA account. If you move money out of one IRA into another, keep in mind the rules on FDIC ...Read More
It can be extremely frustrating to head to the bank to make a transaction, only to discover a hold was put on your savings account. While the bank doesn't have to inform you before taking this ...Read More
Compounding, earning interest on interest, is a powerful financial tool that's sometimes misunderstood by savers of all ages. Regardless of your rate, the more often interest is paid, the more ...Read More
Whether you have a balloon loan, home equity line of credit or a business loan, you'll need to take steps to renew that loan if a balance remains at the date of maturity. The bank will review your ...Read More
Credit unions may use different terminology for their products than banks, such as "share draft" for checking accounts, but they are equivalent. In a credit union, you aren't a customer, but a ...Read More
Online banking is becoming more widespread -- even among smaller local banks. You can manage your savings accounts online and even establish accounts at banks that do all their business online. While ...Read More
According to the National Credit Union Administration, no member of a federally insured credit union has ever lost a penny of insured savings. Unlike banks, credit unions are owned by their ...Read More
Depending upon the specific type of letter of credit you choose to use, you will likely be forced to pay various fees. Generally speaking, the fee for obtaining a letter of credit will be influenced ...Read More
Much of what it takes to get a loan is not just having enough income, it's also about presenting your records in a professional way at the right time. If you prepare yourself, you can avoid common ...Read More