» best banks

No matter how large a bank is, it can easily fail if it is not properly managed and regulated. The average CEO income for the largest banks is $28.8 million. While ordinary people feel that this amount of money is too much, the banking world finds that it is a reasonable amount. It is easy to see why Bernie Madoff and others were able to swindle millions of dollars from their clients and increase their own pockets. With bailouts and a crippling recession, many banks have failed. Small banks that have been around for 100 years have failed. Even larger banks have failed. So this makes us wonder, is your bank too big to fail?

With consumer debt causing millions of American families distress, it is a good time to start focusing on setting savings goals. Teaching your children to save from a young age may prevent them from joining the ranks of others totaling $858.4 Billion in consumer debt. This averages out to $7,194 per credit card in debt. Since 46% of Americans have credit card debt, learning how to save is more important than ever! Here are some ways to focus on saving at any age.

Young Children

Take your children to a local bank and open a savings account. This is a simple way to teach elementary-aged children about banks, savings accounts, credit cards, checking accounts, and retirement accounts. While… » Read more

Saving money is important for every family. Meeting financial goals is something that many American’s strive for, yet have not mastered. In fact, many have good intentions to save, however when it comes down to it they are unable or unwilling to do so. However, you can make 2013 different by using the following tips to develop a savings plan that will work for you.

Make saving money a priority. If you have a clear plan of what you are saving money for and the amount you need, the more likely you will be to achieve your goals. Once you have determined what you want the money for follow these steps to ensure you… » Read more