Saving your money, as best as you can, is an important step to your family’s well being and your ability to some day retire. There are many different types of bank accounts to choose from, whether it is a checking account, a savings account, an individual retirement account or so on. These accounts can be […]
Tag Archives: Financial Institutions
There are three given scenarios, outlining different people, and their specific financial goals. Traditional financial institutions have evolved in their purposes, trying to remain competitive with emerging financial competitors, including those of foreign countries. In the first scenario, a young professional couple with high debt is seeking to protect each other with long-term insurance and […]
The Federal Reserve cut interest rates again this week but only by 1/4 of a point and the nervous move was greeted with a big sell-off on Wall Street. As disappointing as the small move was, the most disturbing thing was contained in the official statement about the move by the Federal Reserve. “Core inflation […]
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When you decide to open a new checking or savings account, how do you decide which bank to go with? What about money market accounts? Credit cards? If you aren’t running a thorough background check on a bank you’re considering, you could be putting your money in the wrong hands. A better idea is to […]
What are financial interns? Financial intermediation is a process that occurs when a financial intermediary lends money from one source on loan to another source for investment, financing or financing. This type of support depends on economic development and growth. The preparation of these savings and profits has a direct effect on the economic well-being […]