Banking Help For Single Mothers

Banks are all different, and offer different terms for accounts, loans, and other financial services. Learn how to bank smarter and find a bank that suits your financial needs.



Using an HSA to Your Advantage

August 6, 2011

If you have a high deductible health insurance plan, one way to help improve your financial situation is by using an HSA. And HSA, or Health Savings Account, is a special type of savings account that allows you to set money aside to be used in the future for your medical expenses, and receive a [...]

Bank Mistakes And The Best Solutions

Thumbnail image for Bank Mistakes And The Best Solutions June 3, 2011

While we would all like to believe that our bank is not going to mess up our money, the fact remains that banks do, in fact, sometimes make mistakes. Bank mistakes can cause serious problems for your budget, so learn what you need to do about them before they occur. First, keep copies of your [...]

Bank Switch: What You Need to Know

Thumbnail image for Bank Switch: What You Need to Know April 23, 2011

Switching banks is something we often need to do, and for many reasons. Sometimes you need to switch to save money. Maybe your bank is charging exceptionally high prices for services that another bank offers for free. Other times you may need to switch because of a big move. People even sometimes switch because they [...]

Certificate of Deposit – What It Is and How It Benefits You

Thumbnail image for Certificate of Deposit – What It Is and How It Benefits You March 29, 2011

A Certificate of Deposit, or CD, is an investment vehicle that allows you to invest in a low-risk account that you have somewhat ready access to. These accounts are fixed banking investments at fixed interest rates for a set period of time. You can choose the length of time, but you have to leave your [...]

How to Get the Most From Your Savings Account

March 1, 2011

We all know savings accounts have minimal interest rates in today’s economy, but that does not mean they don’t have worth for the frugal single mom. Even if banking interest rates are low, they are still interest you are earning on your accounts, so savings accounts are worth looking into. One of the best ways [...]

FDIC and Bank Failure

February 15, 2011

With announcements of bank failures making the news on a regular basis, many single moms wonder what would happen to her accounts if the bank she used failed.  Quick access to her funds, along with the processing of direct deposits and automatic withdrawals to keep her accounts up to date are financial tools that almost [...]

Benefits of Online Banking

February 8, 2011

As a single mom, you are constantly battling to maintain that balance between work, home, kids, and life. One area where you could save yourself a little bit of time and energy is the area of banking. Online banking can make many of your financial commitments much easier to handle. With online banking, you can [...]

3 Banking Must Haves For Everyone

Thumbnail image for 3 Banking Must Haves For Everyone January 26, 2011

Banking is something everyone does, but choosing the right bank isn’t as simple as it used to be. There are a lot of reasons people choose their bank, and once the choice is made people usually don’t think about making a change until they have a problem, or moving to another city makes it a [...]