My New Choice

If you are tallying up your expenses every month, you may be shocked at how much you are spending on groceries.
Obviously, groceries aren’t a luxury you can do without and perhaps that is why so many of us are lenient with our grocery budget.
However, there are many ways to reduce this monthly expense.
Here are […]

Shopping online presents a great opportunity for good deals and comparison shopping, but it can often be time consuming and confusing.
Fortunately, there are simple Firefox add-ons that can make your online shopping experience a little easier.
Whether you want to know where to get the best deals on electronics, compare prices, or limit the amount of […]

While this should not come as any surprise due to the recent rate decrease by the Federal Reserve, HSBC Direct has officially adjusted their Online Savings Account interest rate to 3.80% APY.
This is a far cry from the 6.00% APY that was being offered last year at this time on all new deposits but is […]

After the Federal Reserve cut short-term rates by 0.75 points on Tuesday, ING DIRECT wasted little time in adjusting their rates to reflect the recent rate cut.
The interest rate on the ING DIRECT Orange Savings Account has been changed to 3.65% APY.
In addition to the changes on the savings account, ING DIRECT has announced that […]

If you always stick to your budget and save a few dollars a day, then you are on your way to a debt free life.
Keeping a budget log where you jot down your expenses would help you in saving more money.
Take a look at your monthly expenses. Mark the things that you spend less […]

The Illinois 529 College Savings Program, named Bright Start, is currently in the process of transitioning to a new program administrator.
For plan participants, this looks to be a very positive change and should provide a few new attractive options for your investments including the introduction of index fund options from Vanguard.
The new administrator will be […]

Earlier in the year, I finally took the plunge and moved my emergency fund from ING over to a new account at HSBCdirect. The motivating factor for that switch was the 6.00% APY promotion that HSBC is running until the end of April.
As the end of April is quickly approaching, I’ve been kicking around […]

In the discussion on my post about the PayPal money market fund, Pakdamek posted a question about short-term CD options and asked for assistance.
My recommendation was to review the current high yield rates for 6-month CDs at Bank Rate, but that Pakdamek might also want to consider an online savings account.
6-Month CD
Looking at the current […]