It’s so easy, I can’t believe I didn’t know about it sooner. Scratch that, I have read it a million times. I can’t believe that I didn’t do it sooner! Because this motivational technique really works. Whether you are trying to save money, pay down debt, or even lose weight, stick to this one tip, and I think you’ll be amazed at the results. So, what the heck is it? [...]

The Federal Deposit Insurance Company (FDIC) is a division of the United States government that insures bank deposits up to $100,000 each. The FDIC was founded after the Great Depression, when many troubled U.S. banks failed under economic pressures and the additional weight of panicking customers simultaneously demanding their funds. Usually, consumers like you and me never think twice about whether the money we put into our bank accounts will be there tomorrow. But today we do. [...]

Sixteen states are offering sales tax holidays this August, providing consumers with a couple of days to shop tax-free. Should you take the bait? [...]

Wondering how much you need in your emergency fund? Calculate a rough estimate of how much to stash away for a rainy day using this simple formula. [...]

This story about how a writer who saves every $5 bill she comes across, and in three years has amassed $12,000, is the most e-mailed story today on Boston.com. [...]

IndyMac Bancorp—once the nation’s 10th largest mortgage lender—has gone belly-up, leaving approximately 10,000 uninsured depositors high and dry. These guys will be lucky to recover 50% of their uninsured money. What can we learn about managing your money from the IndyMac failure? [...]

When it comes to high yield savings accounts, interest isn’t everything. On a $10,000 balance, the monthly difference in earnings between a 3.25% APY and 3.30% is $0.50. A more important question is: With this online savings account, how can I move my money? [...]

If you’re just starting to stash away a few hundred dollars for a rainy day, you probably don’t give your savings account’s interest rate much thought. But if you need to save $1,000 or more in an FDIC insured account, you might feel like you deserve better than 0.5 percent interest on your cash. Good news: The banking auction site MoneyAisle agrees. [...]

A down payment between 10 and 20% on your first home or condo is more important today than ever before. Following the sub-prime mortgage meltdown, lenders are more cautious with mortgage applications and borrowers have (hopefully) learned some lessons about risky home loans. Of course, socking away $20,000 or more isn’t easy, especially in your twenties. Here are five steps to take to save up your down payment in record time. [...]

Banks love to advertise CDs (certificates of deposit). But when you’re in your twenties and early thirties, CDs don’t make a lot of sense. [...]