Financial Education for Colorado Educators (and those they love). Absolutely Free.
I've written previously about why I think most folks need to look at their checking and savings accounts at their existing bank/credit union. For most people I talk with this about, it's a fairly easy sell to get them to switch their savings account to a high-yield savings account at some place like Ally (currently … Continue reading Switch Your Checking Account to Ally Bank and Get $200
Update 6-25-24: I originally posted this in August of 2023. At that time, the Cash Management Account (CMA) at Fidelity only allowed you to put your "core position" in an FDIC-insured bank account that was paying around 2.7%. Since Fidelity's brokerage account's core position was a Money Market paying around 4.9%, that was my recommendation. … Continue reading Fidelity: One Account to Rule Them All (including checking and savings)?
One of the first topics we cover in my financial literacy class for teachers is bank accounts. Many participants later admit that they rolled their eyes a bit about this topic when they first saw it. Checking and savings accounts? What's to learn? As it turns out, many of them learn enough to make them … Continue reading Why You Should Leave Wells Fargo (and Chase, and Probably Your Bank)
Fisch Financial 