Opinion: That Checking Account Will Cost You

Post by Arkadi Kuhlmann, CEO of Savings Imagine having a checking account that only shrinks when you spend money. Unfortunately for most banking customers, that’s becoming a pipe dream. Today, too many “free” checking accounts come with maintenance fees, monthly fees, overdraft fees and other unusual fees that steadily eat into account balances—even if the account holder doesn’t spend a dime. And
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The case of the “taken” identity: ID Theft.

So you’ve heard the identity theft horror stories floating around. Maybe even vowed that it will never happen to you. That, friends, is what they call a false sense of security. Everyone would like to think they’re invincible to identity thievery, but trust us, you’re as vulnerable as the next guy or gal—whether you’re working online or standing in
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Nancy: A justification of saving for (and spending on) travel.

This is Nancy’s 3rd post in our Customer Blogger series. Read her previous post here. Nancy, in front of The Gates in Central Park Travel! More than one reader has chided me for saving for “expensive” travel—pointing out that I should be saving more for the future. Yes, but it needs to be a future filled with promise. I can NOT imagine spending my “golden years” sitting in a rocking chair on the front porch. Travel may not
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Alicia: Thinking green, especially when some jerk in Georgia has ripped you off.

This is Alicia’s 3rd post in our Customer Blogger series. Read her previous post here. Ah spring, the season of green grass, green trees, and greenbacks. For me, this spring has been marked in green by the return of my gardening addiction (no interventions, please) and my first identity theft experience. Part 1: I've never even heard of that city in Georgia A few Sunday ago, I went to pay bills—only to see I had no money.
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Happy Memorial Day, Saver

We hope you enjoy our salute to the Missing Man Formation, the Air Force’s flyover tribute to fallen veterans. People tend to forget that Memorial Day is more than just a 3-day weekend filled with family picnics & backyard cookouts—it’s also a day to honor the heroes who’ve died serving our country, helping defend our way of life.
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Guest Post: Michael Rubin on Risk & Investing.

While there are few certainties in life and fewer still in investing, there is at least one: The greater the expected return, the greater the risk. Risk is partially measured by the chance that the value of your investment becomes less than you invested. An investment’s volatility —or the frequency and degree of its value going up and down—is another characteristic of risk. Expected return does not mean actual return.  Rather, expected return is a statistical concept.  It is the return you
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Alison: Revving the Savings engine, with (gulp) 200,000 miles

This is Alison's 3rd post in our Customer Blogger series. Read her previous post here. The Falcon, showing some Saver's love When buying a used car, punch the buttons on the radio. If all the stations are rock and roll, there's a good chance the transmission is shot. ~Larry Lujack Bear and I have come into the possession of another vehicle. Don’t ask. No, seriously, do NOT ask. It was a gift and it has caused issues with certain people who shall not be named and we feel very, very loved right now. Anyway, said vehicle is a 2004
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Susan: Hello, new home. Goodbye, useless junk.

This is Susan’s 3rd post in our Customer Blogger series. Read her previous post here. susan_mod Moving makes you realize just how much stuff you have. Especially if you have way too much of it. After paying for hundreds of cardboard boxes and packing materials ($210), professional movers (four separate visits! $2,200 total!), storage unit rental ($280) and junk removal ($450), not to mention spending countless hours packing and unpacking
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Meet Alicia, 26, from Starkville, MS

This is Alicia's first post in our Customer Blogger series. Over the upcoming months, we'll be following Matt, Alicia, Nancy, T.J., Susan and Alison on their savings adventures. alicia_mod Alicia Starkville, MS Age 26 Bio: I'm a college graduate with no debt! I took an office job to pay off my student loans and have been slowly saving for no particular goal other than to have a savings. My husband is pursuing a PhD, so as of right now I am the breadwinner, and English majors were never meant to be breadwinners. Our income and savings while meager allows some travel and indulgences such as our two pound puppies and two indoor rabbits. I live in rural Mississippi, and I like to be anywhere else. The Mis(sissippi) Adventures of a Born Again Saver: Flashback: I am 8. My brother is 16. I have saved
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Homeownership: An opportunity, not a right.

If you want to own a home, save for it. It’s a simple concept, one your parents most likely subscribed to. Sadly, it’s a message that has been
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Meet Alicia, 26, from Starkville, MS: Part 2

This is Alicia's second post in our Customer Blogger series. Read her first post here. alicia_mod Bio: I'm a college graduate with no debt! I took an office job to pay off my student loans and have been slowly saving for no particular goal other than to have a savings. My husband is pursuing a PhD, so as of right now I am the breadwinner, and English majors were never meant to be breadwinners. Our income and savings while meager allows some travel and indulgences such as our two pound puppies and two indoor rabbits. I live in rural Mississippi, and I like to be anywhere else. A different kind of savings: Until summer of 2007, I lived a fairly miserly life, constrained mostly by graduate school
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