Archive for August, 2009

How much money do I need to deposit in a savings account so that I won’t need to work again?

Wednesday, August 26th, 2009

Anne asked: I want to live comfortably and travel 5 times a year without ever working or running a business.
That means I need $ 400,000 interest per year.
So how much money do I need to save in a bank savings account.Augustus Updegraff

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How do I pick a savings account?

Monday, August 17th, 2009

Erica asked: Are there certain things i need to look for when choosing a savings account to put my money in?Jonah Grant

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Does direct desposit go into your savings account?

Sunday, August 16th, 2009

t_b9151700 asked: If you get paid by direct deposit, does the money go into your savings account? Do you have to go to the bank when you want to withdrawal money or do you use a bank card?
Are ATM machines for bank cards or what?Collette Sylva

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Would you purchase health insurance or put the $ in a savings account?

Sunday, August 16th, 2009

countrymomv4 asked: I have been debating whether to get health insurance thru my employer or putting that money in a savings account. I currently have no insurance, but leaning towards it. Everyone I speak to, however, advise putting it into a savings account, and not paying the insurance companies. Whats your opinion?Adam Macias

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What is the difference between a chekcing account and a savings account?

Sunday, August 16th, 2009

Juan P asked: trying to open a savings account on chase and i already have a checking account, is it possible, whats the difference?Eusebia Rasul

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Can a minor withdraw money from a regions savings account in Tennessee?

Friday, August 14th, 2009

collegeboy09 asked: Can a minor go by himself/herself to the bank and withdraw money out of a savings account ? (17 years old in tennessee) or do they need parents permission ?Steve

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What happens if you overdraw on your checking account, but have money in your savings account?

Sunday, August 9th, 2009

Jon asked: Say if I have $80 in my checking account and $1,000 in my savings account with the same bank under the same account. I then make a purchase on my check card for $100…clearly the $80 in my checking account won’t be able to purchase this, but the transaction still goes thru.
Would [...]

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What type of savings account would be best?

Sunday, August 9th, 2009

Lauren M asked: My fiance and I are saving for our wedding in july 2011. We are looking for a uk savings account we can deposit funds in each month, that will hold our funds between now and july 2011, has easy access(online ideally) and has a good rate(not just introductory rate for new customer) [...]

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What is the best bank to open up a savings account at?

Friday, August 7th, 2009

abw. asked: I know, we’re in the middle of a recession. A lot of commercial banks are getting bailed out. But this summer I’m getting a job, and I want to put 10% of what I make into a savings account.
What would be the best place to do that?Lowell Berkowitz

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What US bank offers the best APY for a savings account for kids?

Wednesday, August 5th, 2009

dbmack13 asked: I need to find an account that is not a 529 college savings plan, provides better than .6% interest, no fees, and will allow relatives and friends to deposit money directly.Quyen Murtaugh

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