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How Online-only Banks Work

by Meghan Streit ~ How did you choose the bank where you keep your checking and savings accounts? Did you simply open accounts at the branch closest to your home or office? Or default to the major bank most popular among your friends or family? If so, you might want to consider your options—including online-only […]

What Should You Do With an Inherited IRA?

Individual Retirement Accounts (IRAs) are quite popular. At the end of 2017, investors owned nearly $9 trillion in IRA assets, according to the Investment Company Institute, a trade association of U.S. investment companies. Given these numbers, it probably wouldn’t be surprising if you inherited an IRA someday. But what should you do with it? First […]

Relief from Robocalls

by Michele Harris ~ How many times have you answered the phone only to hear a recorded message instead of a live person? Those are robocalls, and according to YouMail.com, a call-blocking service that also tracks robocall volume, Americans are being bombarded with them. In the single month of January 2018, 2.9 billion robocalls were placed—that […]

Why I Became a Daily Money Manager

For me, it’s personal. It’s about my parents. In 2007, my father passed away suddenly. My folks were three months shy of their 50th wedding anniversary. My mother was a highly educated woman who, in the 1950’s, graduated from a well-known college. She had always managed the family finances and had turned my father’s modest […]