(StatePoint) While there’s no doubt that putting money aside with each paycheck is an essential component to a healthy financial future, it’s important to keep in mind that not all savings accounts are going to give you the same pay back or benefits.It’s estimated that American consumers are missing out on over $50 billion dollars of interest they could be earning every year. The average interest rate on savings accounts is 0.08 percent, according to the FDIC, with many of the largest financial institutions paying as little as 0.01 percent.But did you know that the top online banks have interest rates 20 times higher than the national average, according to rates published by the FDIC? Because they have no physical branches, they are often able to pass on that savings to customers through consistently competitive rates.“A traditional bank savings account is certainly a safe vessel in which to deposit money, but it won’t necessarily help that money … [Read more...] about Could Saving With An Online Bank Help Your Money Grow Faster?
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Margarette Burnette NerdWallet Published 10:45 p.m. UTC Jul 15, 2018 This year marks a decade since the financial crisis. The biggest financial institutions still dominate the landscape, but banking has changed. Mobile banking now plays a significant role in how we manage our money. A 2016 survey by the Federal Reserve found that over half of smartphone users with bank accounts used their devices to access their money. What hasn't changed? Con artists. In 2008, identity theft was the top complaint logged by the Federal Trade Commission. Today, the number of complaints is 20% higher. Many of today’s fraud and identity theft breaches involve mobile devices. It’s easier to keep up with your bank accounts, but it could also be easier to get scammed. More: Why you might want to wrap your car key fob in foil More: Small businesses vulnerable to cyberattacks, then don't act, new survey finds More: Employee health benefits: How to hack them to get maximum return How hackers … [Read more...] about Identity theft: Banking has changed, criminals haven’t — here’s how to protect your money
WHICH bank accounts give you the most interest on your savings? Martin Lewis reveals all. By Laura Mitchell / Published 2nd July 2018 GETTY GROW YOUR MONEY: Martin Lewis reveals which bank account offers the best interest rate Switching your bank account should be quick and hassle-free and it could make you richer in the long-run.While some bank accounts offer cash incentives – like HSBC’s Advance Account – others offer a better interest rate on savings.If you have a lump sum it’s worth shopping around to find out which account will make you the most money.Speaking on This Morning, Martin Lewis revealed how Brits can make the most interest on their savings. The 46-year-old money guru said : “The Post Office Online Saver account pays the highest 1.33% AER variable on deposits from £1, and is the best easy access rate we’ve seen since Feb.“The account allows you to make unlimited penalty free withdrawals - a cracking … [Read more...] about Bank account with highest interest rate 2018: Martin Lewis reveals how to make most money
After launching just under two years ago, Instagram Stories is one of the most popular features on the photo-sharing app. Last November, it was revealed that Stories now has 300 million daily active users. With all those Stories around, you want to ensure that your version stands out in the crowd. Enter Unfold. The app launched in January this year is focused on curating your Instagram Story, with a range of slick designs you can include to make your video, boomerang or image look professional. Unfold recently topped three million downloads in only six months and was even featured at Apple’s recent WWDC keynote. Headed up by Alfonso Cobo (CEO) and Andy McCune (COO) who are 25 and 23 respectively, we spoke to the duo to find out where Unfold came from and what’s next for the popular app. The inspiration for Unfold came from Cobo during his time at university. He was supposed to be attending a career fair and tried to find an app that would help him … [Read more...] about Unfold is the app you need to make your Instagram Stories pop
Sarah K Wood The Daily Advertiser Published 7:06 p.m. UTC Jun 11, 2018 MAUREPAS, La. — Why travel to a beach when you can have one in your own backyard? That’s the idea behind this Louisiana company about 50 miles northwest of New Orleans. Zydeco Construction specializes in building "swimming ponds" that are crystal blue with a sand surround, resembling a beach. Customers can add outdoor kitchens, gazebos, umbrellas and even volleyball nets. The size of your dream beach is limited only by your land and finances, said owner Eric White, 33. “It has always been a dream of mine to do these different things," White said. "I am all about figuring out a way to make things happen. I can look at any situation and come up with a way to fix it. I like to stay in the market for things that most companies don’t offer, especially custom requests.” ► May 15: Summer's on sale at luxurious Caribbean resorts► March 31: … [Read more...] about Want a beach in your backyard? This man can make your dreams come true