How to Bank When You Can’t Go to the Bank
It’s a tough time to do your banking if you prefer going to a branch. Hours have been cut at many locations, and social distancing guidelines mean bank lobbies are…
Margarette Burnette
Margarette Burnette is a savings account expert for NerdWallet. She has written about interest rates and savings products since before the Great Recession and recent recovery. Her work has been featured by The Associated Press, USA Today and a number of newspapers across the country. She has a bachelor's degree in business administration from UNC-Chapel Hill. Along with avoiding bank fees, Margarette enjoys jogging, tennis and automatic savings deposits. Email: [email protected].
Posts by Margarette Burnette:
What Is a High-Interest Savings Account?
High-interest savings accounts defined A high-interest savings account is a bank account that lets you deposit money at a higher-than-average return. The average savings account pays only annual percentage yield.…
Find a Bank That Pays You to Open an Account
Banks are always on the hunt for new customers, and if you qualify, some will pay you $200 or more to open an account. You may have to meet certain…
Savings Account Balances by Age: How Do You Compare?
We may not be able to peek at our neighbors’ bank statements, but by looking at the median savings by age, we can get an idea of how our own…
How to Keep Your Spirits Up in the Long Game of Saving
Dreaming of a savings goal is almost always fun — a sunny vacation, the perfect home, a dazzling holiday gift. But think about how long it can take to get…
How to Open a Savings Account: Step by Step
Knowing how to open a savings account means knowing how to make your money work for you. Cash in a savings account typically earns interest — potentially near 2.00%. Ready…
How Much Should I Have in Savings?
There is no one-size-fits-all answer to the question of how much money to put in your savings account. The standard recommendation is three to six months’ worth of basic expenses…
How to Make a Savings Plan
A good savings plan is a road map to a better financial life. If you create one and follow it, you’ll know you’re looking out for your future self. A…
How to Do the 52-Week Money Challenge
The 52-week savings plan If you’re new to the 52-week money challenge, the first month or so you might wonder if it will take 52 years to see progress because…
FSA Debit Cards vs. Bank Debit Cards: When to Use Each
If you have money left on your FSA debit card, now is a good time to put it in your wallet alongside your regular bank debit card. The end of…
