savings accounts

This is the second blog in the ‘Savings and the Economy’ series which provides data-driven insights on the implications of economic instability for household savings and discusses policies that strengthen financial wellbeing.

A growing number of employers, including AARP, are offering benefits that help their employees save for emergencies.

Emergency savings accounts are more than just a good idea. They can help protect households against financial hardship today and enable greater retirement security in the future.

A few thousand dollars of liquid savings – in this case a federal stimulus payment – can make a profound difference in Americans’ financial well-being.

While waiting in line last week at Starbucks, I realized that I was the only “guest” ordering black coffee — not a grande, no-foam macchiato concoction — and the only person using cash. The mostly millennial customers were flashing a smartphone app or swiping credit or debit cards.

If you want to make a hundred bucks or even thousands for just an hour of your time, then this post is for you. All you have to do is pick the right place to stash your cash and perhaps change your thinking on certain certificates of deposits (CDs). Read on, and you’ll see that CDs which appear too…

Recent research shows that most African Americans/blacks age 50-plus use financial products, such as checking accounts and savings accounts. But only 1 in 10 use retirement planning products, such as a  401(k) plan or individual retirement account (IRA). Millions of Americans haven’t saved any…

Everyone wants to save money. As this Chicago Tribune article says, many times, "it's not the desire that's lacking, it's the money." And not surprisingly, the article also points out that the less a person makes in salary, the less likely they are to even have a savings account.