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 […]
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, […]
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 […]
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 […]
Money-Saving Mindset at Ally Bank: 7 Things to Know About Our 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 […]
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 […]
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 […]
What Is An Option? DIY Investing with Brian Overby [Video]
Typically, option traders are self-directed investors, meaning they don’t work directly with a financial advisor to help manage their options trading portfolio. As a do-it-yourself (DIY) investor, you are in full control of your trading decisions and transactions. While having complete control of your investments is desirable for some, it can also be very overwhelming […]
Ally Big Save, Big Results: Top Things 30,000+ People Are Saving For and Why
It started with a simple question: How can we encourage spenders to save? We knew it wouldn’t be easy, but we believed it was a journey worth taking. So we started within. Instead of spending millions of dollars on a television ad for the Big Game on February 4th 2018, we made it rain money, […]
Virtually Jump Into the Coolest Cars From the Detroit Auto Show With Danny “The Count” Koker
At the 2018 North American International Auto Show in Detroit, Ally teamed up with Danny Koker, star of History Channel’s Counting Cars, to give an inside look at the coolest cars at the show. Using 360 video, Danny gives a tour of the vehicle and talks about some of the cool features and tech. Here […]
