Recently, I’ve been looking to switch banks and find a new partner to support my banking needs. For now, I’m searching for a personal account, but eventually, I’ll need business banking solutions as well. Therefore, I need to weigh both the business and personal products offered by the banks I’m considering. Though I have not
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Varo is a low-fee online bank designed to help with your everyday spending and saving needs. Although the kinds of accounts it offers are not as comprehensive as larger financial institutions, Varo is definitely worth a look, especially for people beginning or restarting their financial journeys.
Unaffordable health insurance premiums have forced many Americans to choose insurance plans with high deductibles. Thankfully, you can set aside money tax-free in a health savings account (HSA) to cover out-of-pocket medical costs. Read on to learn how HSAs work and whether they’re right for you.
Your high school curriculum probably didn’t cover compound interest, but you need to understand it nonetheless. Money builds on itself over time. Once you understand it, you’ll want to invest more of your money to put it to work on your behalf. Learn how compound interest works to build wealth.