When most people hear the phrase “six figures,” they immediately think of a huge salary. After all, six-figure incomes are often associated with high-powered jobs in the business world or top-tier professionals like doctors and lawyers.  And do you know 18% of American individuals are six-figure earners, according to Zippia? That’s a lot of money … Read more

The savings offers that appear on this site are from companies from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneyCrashers.com does not include all savings companies or all savings offers available in the marketplace. Right now, the … Read more

For many people, the idea of making $20 an hour sounds like starting salary perfection. Because the federal minimum wage is just $7.25 per hour, getting paid $20 an hour would be a great way to increase your yearly salary significantly. But how much is this actually? In this article, we’ll explore what it means … Read more

A recent survey by the Research Department of Statista.com revealed that 34% of Americans had less than $1,000 in their savings accounts. This might sound disturbing, but this was actually far better than a survey CNBC reported on a few years ago that nearly 70% of Americans had $1,000 or less in savings. Personally, I … Read more

Isn’t it funny how childhood experiences shape our views of rich vs. wealthy, as well as who has money compared to who doesn’t? There are several memories from my own childhood that made me think I knew how to tell if someone was rich, yet one in particular still sticks in my mind. When I … Read more

Kid-friendly debit cards have lots of built-in advantages, including full adult ownership (usually) and tight controls on transactions. They also tend to have robust educational features and tools to reinforce the money lessons kids naturally learn by using them.The downside is kid-friendly debit cards tend to have higher fees than kids checking accounts or savings … Read more

Although the choice between leasing or buying a car has plenty of financial implications, money isn’t the only factor that goes into this decision. In fact, this choice is often based on a person’s tolerance for risk, and how often they prefer to switch cars.  If you want to own a car outright — and … Read more

Interest rates have been rising rapidly in recent months, and you may be pleasantly surprised to see how much. If you’re currently holding your money in a bank that’s paying 0.0-something percent on your balance, you need to seriously investigate the alternatives. In this guide, we’re going to provide 11 of the best online banks, … Read more

One factor that’s sure to weigh heavily when you’re looking for a starter bank account is your kid’s age. Many kid-friendly checking and savings accounts are unavailable to children under 13. On the savings account side, Capital One 360 Kids Savings Account is one of the few that is.  Good thing it also happens to … Read more

Before I started writing in the personal finance space, I spent nearly 8 years working alongside my husband in a funeral home. My husband Greg worked as a mortician, and I was the Director of Family Services. I learned so much about living and dying during my years in the mortuary business, but there’s one … Read more