Finance Basics

5 Priceless Money Lessons From Real-Life Dads

When was the last time your kids heard a store cashier ask, “cash or credit?” In today’s ever-increasingly cashless society, it feels like actual dollars and cents have gone the way of the dodo. Whether you’re in the checkout line at a big-box retailer, grabbing a snack from a vending machine, or even reserving your […]

New Home

It’s Not Just the House. It’s About Your Neighborhood Vibe, Too

Why do you live where you do? Oftentimes, the answer is, “It’s affordable.” Some might say because it’s close to where they work. And for others, it’s due to family living nearby. Most of us, however, choose to live in a particular neighborhood because we like the feel of the community, or its “vibe,” according […]

New Home

What’s Your Ideal Neighborhood Vibe?

Picking a neighborhood that suits your lifestyle is just as important as finding the perfect house. But is the perfect “neighborhood vibe” really the cute house with a big front yard and a white picket fence? Not for everyone. Our recent survey showed that only 36% of Americans want this so-called idyllic suburban neighborhood. What’s […]

Ally News

Why Economic Mobility Matters—and What We’re Doing About It at Ally

One of the biggest issues facing our society is economic inequality. And, economic inequality today leads to a lack of economic mobility tomorrow. As a digital financial institution, we at Ally feel we’re in a unique position to help educate consumers and change that trajectory. As head of Corporate Citizenship at a company that always […]

Savings Accounts

How Inflation Impacts Your Savings and What You Can Do About It

Grandpa was right; a loaf of bread did cost 10 cents several decades ago. (As for walking to school uphill both ways in a snowstorm, that’s debatable.) But bread doesn’t cost 10 cents anymore, and even if you’re not an economist, you probably know it’s because of inflation. How does inflation affect your savings? And, […]

Savings Accounts

Do You Need to “Save” Your Savings Account? Answer These 2 Questions to Find Out

You know it’s coming. The low punch in the gut every time you look at what your savings account balance actually earned throughout the month or year. You deserve to feel the lift that comes with watching your balance grow. Answer these two questions to find out if you need to “save” your savings from […]

Savings Accounts

How to Put Your Savings Deposits on “Cruise Control” (So You Can Enjoy the View)

Do your best saving intentions have a way of ending up at the bottom of your list? Like that extra $200 or so you had planned to save on payday. Before you even had a chance to schedule a transfer, it was gone with the wind, say, on a spontaneous weekend road trip. You know you […]

Savings Accounts

7 Things to Know About the Ally Bank Online Savings Account

What is your savings account doing for you? If it’s simply a place to stash your cash and your balance is earning little to nothing, it might be time to reconsider your options. At Ally Bank, we believe the right savings account is more than just an online piggy bank. It goes beyond great rates […]

Trading

Why a Robo-Advisor Is a Smart Move in Any Market

You’ve probably come across the term “robo-advisor” in the media at some point. It has become a popular way to refer to the more automated approaches to managed investing that have emerged in the last several years. It can be a bit misleading, however, since it implies that robots or computers are calling all the […]

Taxes

4 Steps to Make Filing Your Taxes Easier

Tax season is here, and the deadline is quickly approaching. This year, tax day is April 17, 2018. If you haven’t submitted yet, consider the four steps below to help simplify the process of filing your taxes. 1. Get Your Documents in Order You might have elected to receive your tax documents electronically, or you […]