
From balancing checkbooks to online banking: How financial literacy for young adults has evolved
Balancing a checkbook may be passé, but managing your money well still matters.
Karen Bennett is a consumer banking reporter at Bankrate. She uses her finance writing background to help readers learn more about savings and checking accounts, CDs, and other financial matters.
Karen brings decades of writing and reporting experience to the table, including the roles of credit cards writer for travel website Million Mile Secrets and money and career writer for The Cheat Sheet. Her work has also appeared in USA Today, Illinois Legal Times, and several Chicago, Milwaukee, and Washington, D.C. newspapers. In addition, she’s worked in the areas of marketing and business development, and she was product manager for a consumer money-saving website.
When she’s not writing Bankrate articles, she can often be found cheering her kids on at soccer games, cooking and reading up on saving for retirement and other personal finance topics.
Balancing a checkbook may be passé, but managing your money well still matters.
This budgeting rule of thumb can help make tracking everyday spending easier.
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The online-only bank’s savings rate tops many competitors.
Many challenges still exist but advances have made earning and saving money easier.
These tips can help you manage your money more wisely and make you a bit richer.
Knowing a savings bond’s value can help you decide whether to hold it or redeem it.
Supporting Black-owned banks can help economically empower an underserved community.
A joint bank account can make financial life easier for couples and business owners.
No matter your age, these tips can help you improve your financial situation.
These steps can help you calculate the cost of a wedding and save for the big day.
Specific savings accounts can help disabled individuals gain financial security.
Subscriptions are easy to lose track of, but these apps can help restore order.
Losing a savings bond doesn’t mean it’s money lost. Here’s how to find it.
The short answer is yes, but policies vary from bank to bank.
Here’s what you need to know if you’re considering a switch to business checking.
Here are some places to look for a source of funds.
Here are differences between CDs and share certificates, and which one to choose.
Walmart MoneyCenter offers services like a checking account and money transfers.
Steer clear of these common bank fees to keep your accounts from taking a hit.
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Finding the right savings account consists of comparing rates, fees and more.
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A notary public witnesses and validates the signing of important documents.
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Linking bank accounts is a way to make it easier to transact between the two.
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The advice is really simple, but reaching the goal is more challenging than it sounds.