Savings Accounts

Your Fundamental Guide to Emergency Fund Savings

While you can’t plan for every possible “what if,” you can put your best financial foot forward and be prepared, should an unexpected occasion arise. That’s where an emergency fund comes in: to protect you when unanticipated costs come a-knocking. So you’re ready, we’ve assembled a quick overview of all things emergency fund — what […]

Savings Accounts

How to Start an Emergency Fund, Even If You Think You Can’t

If you’ve made it to this blog post, congrats! You’re already taking the first step in building your emergency fund. Starting can be the hardest part of achieving any goal, but it can feel even more difficult if you don’t know where to begin or feel stretched thin when it comes to your finances. While […]

Savings Accounts

Beyond the Piggy Bank: Best Kid’s Savings Accounts

  Ah, saving. It’s probably the most important money lesson kids can learn. You’ve taught them to set some of their allowance aside, and now their piggy bank is full. Now that they’re ready to take the next step, how do you find a savings account you can use to help your kids save? Below, […]

Savings Accounts

Your Questions Answered: How Does a Savings Account Work?

As kids, many of us saved all our coins, dollars, and allowance in a piggy bank — and that was our first introduction to how to save. In many ways, a savings account functions a lot like a piggy bank. It’s a place to store your hard-earned cash until you might need it. But unlike your childhood piggy bank, a savings […]

Savings Accounts

The Pros and Cons of Savings Accounts: Maximizing Your Money

When you buy a new cell phone, you choose a brand, model, size, and color (rose gold, if you’re feeling fancy), while weighing the features against your needs. It can be exciting but also a bit overwhelming. (“What is 5G connection? And do I really need retina display?”) Opening a savings account can be a […]

Savings Accounts

Should You Open Multiple Savings Accounts? Learn the Pros and Cons Here

Let’s keep it simple: There’s no limit to the number of savings accounts you can open. The tricky part? Knowing whether or not it’s worth it to have multiple ones. While opening more than one savings account may help you keep several savings goals (retirement, vacation, future down payment) organized, it could mean more monthly […]

Savings Accounts

Buckets and Boosters: Make Your Money Work Harder Than Ever With Our New Smart Savings Tools

Everyone knows that saving money is essential — you know about the all-important rainy-day fund, a vacation fund, and the many, many types of accounts targeting different goals. But when it comes to creating a plan for your goals, managing your money, and actually doing the saving — well, let’s just say it’s easier said […]

Savings Accounts

The Art of Saving: 5 Tips to Get Crafty with Your Savings Account

Saving money is on everyone’s to-do list, but your personal savings account should reflect your own goals. Just as people have differing habits and hobbies, so do they have different savings priorities — you might be saving for a new mountain bike, while your coworker’s saving for a kitchen renovation. But while the specifics of […]

Savings Accounts

Should You Open Checking and Savings Accounts Together?

A movie is great on its own, but add popcorn and you have yourself a night. That’s because some things are just better together. Take checking and savings accounts. Each type of account works great on its own, but together they make a personal banking dynamic duo. And while it might not make sense for […]

Savings Accounts

Put Your Savings on Autopilot: How to Set Up Recurring Deposits to Your Ally Bank Online Savings Account

Why is it that spending is just so much easier than saving? Even though we know it’s something that will benefit us, saving can just seem so tedious. And when you’re trying to be smart with your finances, there can be a lot of to-dos: paying bills on time, managing retirement contributions, keeping credit cards […]

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