What is hyperinflation and what causes it?
Can you imagine a loaf of bread costing $2 and by the end of the month it costs $10 or more? What do you do if your paper money buys less every day until it becomes worthless? While most of us can’t imagine that extreme happening, it has happened to other countries and has, in […]
All about eClosings — How to close your mortgage online
In today’s society, you likely shop, bank and keep up with friends online. As our lives become ever more digital, traditional paper-based processes are moving online — including closing on a home. An eClosing (electronic closing) is a mortgage closing in which everything is completed electronically. eClosings can save you time and money, as well […]
Seven beach swaps to save you money on your next sandy getaway
Imagine your toes in the sand, listening to the soothing sound of waves crashing and feeling the warm sunshine on your face. There’s no shortage of beautiful beaches around the world, but some are more expensive — and not to mention crowded — than others. If you want to book a beach getaway, it’s worth […]
How CoverDraft Fits Into Your Money Management Toolbox
When it comes to managing your money, a diverse toolkit can make all the difference in staying on track and reaching your goals. If you bank with Ally, our Buckets and Boosters (features of Ally Bank’s Online Savings Account), along with other banking features like Overdraft Transfer Service and CoverDraftSM— all work together to help […]
Crypto survives a big test
Being a crypto investor has been difficult lately. Bitcoin is currently about 55% lower than its November high, including a more than 20% drop since the end of March. While volatility is no stranger to the cryptocurrency asset class, it’s still uncomfortable when selloffs intensify. Amid the recent downtrend, the crypto market was given a […]
Riding the wave of volatility
It’s getting hot in here. The S&P 500 is again approaching bear market territory (-20% or more). The big swings, or volatility, in the market have intensified in the past two and a half weeks. In fact, the market has moved up or down by 2% or more almost half of the trading days over […]
The Wedding Boom: 4 Tips to Navigate Wedding Planning in 2022
Is your mailbox flooded with save-the-dates and wedding invitations? If it seems like everyone is rushing to the altar this year, you’re not imagining things. In the wake of major world-changing events (and subsequent nuptial cancellations) over the past two years, many couples are deciding to make 2022 their wedding year. In fact, a whopping […]
How to Talk Finances With Your Fiancé Without Freaking Out
If you’re recently engaged, you probably have a lot on your to-do list. And with a wedding to plan, invites to send, flowers to order, cakes to test and so much more, finances may be the furthest thing from your mind. But if you and your spouse-to-be haven’t had the money talk yet, it’s time […]
Happy Graduation Season! Challenges and Opportunities for the Class of 2022
Welcome to Money Moves. I’m digging into all things money — moves that can impact you, links and insights, and the one thing I can’t get off my mind. What Happened: It’s time to celebrate! It’s graduation season. Newly minted graduates have waited for this moment for a long time. And they’ve been on a wild ride. Recent […]
How to Help Protect Yourself Against Smishing and Social Media Scams This Spring
Cybercriminals are always looking for new ways to go “phishing” for your personal information. When tried and true methods grow tired and easy to spot, they’ll often shift their approach. Their latest tactics? Text message and social media scams. As would-be fraudsters continually change course, we continue to be your ally and help you stay […]
