On June 10, the Federal Reserve announced that it is unlikely they will raise interest rates until 2022. This is good news for borrowers, as low-interest rates may spur additional spending. The other side of the coin is that for investors in the bond market or savings and money market accounts, lower rates penalize conservative […]
Does your teenage or college age child work part-time? If so, one of the best things you can do as parents is to encourage them to start saving money. Saving money from a job — rather than spending it — teaches discipline, responsibility, and the value of hard work. But what type of an account […]