18 Best Bank Promotions, Bonuses and Offers — February 2022

Best for Helping Out a FriendChime Referral Bonus$100 Best for Socially Conscious ClientsAspiration Plus$200 Best for Basic CheckingChase Total Checking$225 Best for ATM Power UsersPNC Virtual WalletUp to $400 by Timothy MooreContributor So, you’re looking for a new bank account. You’ve got several factors to consider — ATM access, interest rates, monthly account fees, minimum balances, online bill payments and more. Another factor: sign-up promotions and bonuses. Banks and credit

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Take Control of Your Finances With 'My Money My Way'

by Nicole DowSenior WriterManaging money efficiently may seem like largely a numbers game.You’ve got to earn a certain amount of income to cover all your expenses. If your income doesn’t stretch, try subtracting from your spending. And don’t forget to save aside a certain percentage for retirement and other goals.But truly becoming a master over your money requires more than just understanding the math.“It’s time to look past the numbers,

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What Is Generational Wealth and How Do You Create It?

Generational wealth may sound like something reserved for the elite 1% of Americans, unattainable for everyday people. However, nothing could be further from the truth. The term “generational wealth” simply refers to any assets passed on from one family member to another. This could include anything from a family business to stocks, savings, or real estate.By building generational wealth, you can enjoy peace of mind knowing your family will have

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4 Reasons For State Restrictions on Remote Jobs

by Carson Kohler, Robert BruceWhen it comes to remote work, everything changed in 2020.You know how it happened. The pandemic struck and employers who weren’t already allowing remote work were forced to do so. The pandemic continued and employees continued to stay at home. Then, as vaccinations became widely available and covid rates dropped, employers saw the benefit of  employees working remotely.Remote work, which a decade ago was a benefit

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What Is a High-Yield Savings Account? Your Questions Answered

by Nicole DowSenior WriterSo you’ve made a budget, cut out unnecessary spending and found ways to earn extra income. You finally have money to set aside. Great work!Now the question is: Where will you stash that cash?If you just let it pile up in your checking account — or worse, stuff it under your mattress — your money won’t be working to its highest potential. You want your savings to

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Best Checking Accounts February 2022

Varo BankBest for Cash Back3.00% APY Axos Bank Essential Checking AccountBest for Unlimited ATM AccessUp to 1.25% Chime SpendingBest for Digital Features0.50% APY Ally Interest CheckingBest for No Fee PerksUp to 0.25% by Kathleen GarvinContributorDo you remember why you chose your current checking account?If you got started early, your parents might have helped you open a kids’ checking or savings account at their bank’s branch. Or maybe you went with

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Here Are the 2022 Tax Deadlines You Need to Know

by Rachel Christian, CEPF®Senior WriterTax time is officially upon us: The Internal Revenue Service began accepting and processing 2021 tax year returns on Jan. 24.Whether you’re anticipating a refund or dreading the bill, you’ll want to mark some important dates on your calendar.First, you should receive your W-2 forms in the mail soon if you haven’t already. You know, those little sheets of paper showcasing your wages and tax —

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Things Break. How to Make Sure Your Emergency Fund Can Cover Them

by Kari FaberStaff WriterYour washing machine. Your car. Your front tooth.If any of those broke right now, would you be able to get it fixed immediately? Or would you have to walk around with a gap in your smile for months until you could get the money together?If you can’t afford to pay to fix it today, you’re not alone. According to a 2020 Bankrate survey, only 41% of Americans

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Here are Safer Alternatives if You’re Too Obsessed with the Stock Market

by Mike BrassfieldSenior WriterWe’re big on investing. It’s an important way to grow your money and set yourself up for retirement someday.But is it dangerous to be too obsessed with the stock market?You bet it is. Our financial advice columnist, Dear Penny, recently heard from a reader whose husband stopped funding his 401(k) so he can bet on the stock market, instead.Is it OK that he’s stopped contributing to his

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These Free TV Apps Will Let You Cut Cable but Keep Content

by The Penny Hoarder Staff As cable subscription prices rise higher and higher and customer satisfaction ratings dive lower and lower, cutting the cable has never been more popular. Sure, there are the usual big names in streaming services available for a monthly fee, but it’s possible to kick subscription fees entirely. Luckily, there are more options than ever for replacing your traditional cable setup. Many free streaming services have

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