Paired with a high-deductible health insurance policy, an HSA is a great way to save a tax-free stash of money for medical expenses. Most of the health care overhaul proposals in Congress would expand the use of HSAs.
What Is The Best Savings Account?
From students getting right out of college to owners of companies, it seems these days it’s become more confusing than ever to dissect the litany of savings accounts that are out there in the marke…
FPEC Tip: Savings Account
According to CPFCU CEO Scott Arney, "If you allow yourself to believe that saving money is a habit and that habits are derived from your own mindset, you will overcome the main obstacle you face in...
How to Build an Emergency Savings Account
If an emergency were to happen, would you have the savings to cover it? If you said no, you’re not alone. In fact, 44% of Americans wouldn’t be able to cover a $400 emergency expense out of pocket.
How much does average US household have in a savings account?
The average household's savings account balance is $16,420. But the median savings account balance across American households is only $4,830.
Kids Savings Accounts: What You Need to Know
Your child might have some idea already of what a bank is and does from books, TV or even Harry Potter. But if your son or daughter asks whether goblins really run the system, it might…
How to Create and Build an Emergency Savings Account
You never know how much you need emergency savings until you’re hit with expenses that don’t fit the budget. Learn how to create and build an emergency savings account to help through any life moment.
10 Myths About Health Savings Accounts
Advice for Making the Most of Your Savings Account
Watch this video for tips for making your savings account work for you.
Should You Store Cash in CDs or a Savings Account?
Savings accounts and certificates of deposit (CDs) pay interest while keeping money safe. But the best choice for your money depends on your needs.
How to Use Automatic Savings Accounts & Apps to Build Wealth With Less Stress
With automatic savings, a portion of your paycheck goes straight into savings. Discover the best banks and apps to help you achieve your financial goals.
7 Tips For Choosing a Savings Account When Interest Rates Rise
Interest rates are on the rise. Follow these tips to find a savings account that can keep up.
Learn How a Basic Savings Account Can Help You
A basic savings account is easy to use, and many people's first bank account. Learn when it is a good option and when you should switch.
Post-College Savings Account: Tips to Making it on Your Own
Everything changes once you graduate, including your spending habits and savings account. Read our tips on how to make it on your own after college.
Tips for Building Up Your Savings Account on a Small Salary
When you’re on a tight budget, saving money isn’t always a top priority. Give your savings account a boost by making these small adjustments.
What Is a Health Savings Account and Should I Use One?
Dear Lifehacker, The HR people are telling me I have to decide on my health benefits before the end of the year. Thanks to your article about Flexible Savings Accounts, I understand how FSAs help with healthcare costs, but what about the similar-sounding HSA (Health Savings Account)? What's that all about and is it better than the FSA?
Why Should I Open A Student Savings Account For My Child?
It's never too early to open a student savings account for your child. These three reasons discussed will help you understand why.
How to Buy a Car Without Draining Your Savings Account
Buying a car is a big financial decision. To avoid draining your savings account, read these 5 tips on what to find out prior to making the purchase.
What It’s Really Like to Put 50 Percent of My Income Into Sub-Savings Accounts
As you may remember from previous posts, after I learned that I wasn’t setting aside enough money for freelance taxes, I came up with a plan: every time a freelance payment hit my bank account, I would put 20 percent into a sub-savings account labeled “Taxes,” another 20 percent into a sub-savings a
Save Every $5 Bill for a Painless, Fun Way to Build Your Savings Account
Every little bit we set aside adds up, sometimes in surprising amounts. The $5 savings plan is one of a few methods you could use to save a little more money ov