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Archive for the ‘Personal Finance’ Category

When should I transfer money from my savings account to my checking account?

savings account
sakurashina asked:


When I get paid, my employer directly deposits my paycheck into my checking account. I was wondering if it’s wise to transfer some of my paycheck money to my savings account. I’m a college student who goes to the ATM every week or two. I don’t need money for food since I’m forced into the school meal plan. I know my money will be fine in my checking account, but I’m not sure if I can keep track of my money and make sure I actually SAVE my paycheck rather than squandering it all because I see that there’s money I can take out of an ATM. Help?

Ivory Ferrise

How do i make a deposit into a savings account for the first time?

savings account
Bill V asked:


I just opened up a savings and checking account with wachovia. I have not recieved my ATM card yet so i would like to deposit some cash into my savings account. How do i do this? I have my account number and ID is there anything else i would need?

Jonah Stuck

How old must one be to open a savings account with wells fargo in minnesota?

savings account
Andrew L. asked:


im 14 and am about to turn 15. i want to have a savings account but i dont want to have my parents have to sign everytime i want to pull some money out. how old do i have to be to open a savings account with wells fargo in minnesota? also, what is the interest?
because i donthaving to have my parents sign everytime i want to pull out some money.

Chung Schoenle

If you have $4500 in your savings account is it possible to get a loan of $6000 with no credit?

savings account
zantic asked:


I have $4500 in my savings account and I am planning on getting a car.. I have been doing some thinking and I was wondering if its possible to get a Loan of $6000 if you have $4500 in your savings account as collatoral if you have no credit?

Thanks for your time.

Eldridge Rodas

What is the best and safest savings account in the current UK market?

savings account
Zeena asked:


Hi I’m thinking of travelling abroad and leave some money back home in a savings account. What would be the best way about this and would I still be able to manage my savings account from abroad?

Many thanks

Ambrose Bagnall

What is an acceptable thing to use funds for in your savings account?

savings account
alexnshanks asked:


I set aside a certain amount of money into my savings account every time I get paid. But I’m starting to wonder what will be an acceptable thing to break into my savings account for? Vacations? A Car? A Home? Retirement? The Money that is not going into my savings I allow myself to spend on anything I want, but every once in a while I let it compile to buy something bigger than one paycheck can afford. So what am I using the savings account for?

Patrick Byker

What institution offers the highest interest savings account?

savings account
PTadam22 asked:


I would like to put my savings into a high interest savings account while I learn more about where I should invest it etc. Anyone know who offers the best?

Maegan Harbinson

Would you open a savings account with an online bank that is outside of the United States?

savings account
FL guy asked:


I am interested in opening an online savings account with an overseas bank (bankwest) that’s based in Australia.

Although it is really far from home (I live in the US), they offer a tempting 9% interest rate.

Would you do this? Does anyone see this as being too risky? Why or why not?

Kiersten Jaber

How do I open a savings account?

savings account
<3 asked:


I’m 16 and am getting a job soon. I am planning on saving half of my paychecks, so I’ll need a savings account.
Where and how should I start one? Are there any perks of savings accounts? I seem to remember my sister getting a $100 bonus when she opened one once…
Or, should I be opening a checking account?
Thanks!

Ali Surratt

What kind of savings account should I open?

savings account
keystone3pl asked:


I don’t know much about the different types of savings account available to me. I am 23 yrs old and make about $1700/month. I’d like to start contributing a small portion of my weekly paychecks into some sort of savings account that will ideally grow into a decent amount over the course of several years. What are my options?

Grant Reta