Thoughts on teaching children about savings accounts and basic finance
Some parents don't open online savings accounts for children because they are concerned or wary about making transactions online - and with some good reason. On the other hand there are some reasons which are unwarranted and other reasons in favor of working with accounts online that it still makes sense to do...
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High interest savings accounts, FDIC insured or not, are vulnerable to the same sorts of liquidity interruptions as any other FDIC insured account... only now the FDIC is starting to ask banks for money in advance. Why is that do you suppose? While regulators and prominent figures such as Fed Chairman Ben...
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