Sarah Brady

Feb 5, 2025 | autos.yahoo.com | Sarah Brady

Has your savings balance finally hit $100,000? If so, congratulations on reaching this financial milestone! Chances are, you had to apply a combination of discipline and hard work to get here. Once you've taken a beat to celebrate, you may notice a feeling of uncertainty set in, especially when it comes to deciding where to put the money. You may even feel overwhelmed when you think about spending time opening new accounts and moving the funds around.

Jan 28, 2025 | autos.yahoo.com | Sarah Brady

Since 2021, mobile banking has been the most popular way to access a bank account for U.S. adults under the age of 55. As more and more people adapt to digital banking, traditional practices like checkbook balancing are going the way of cursive handwriting and paper maps: They're rapidly becoming obsolete. But balancing a checkbook is not a totally lost art yet. For some people, it's still an essential part of their money management practice, synonymous with tracking spending or budgeting.

Jan 23, 2025 | autos.yahoo.com | Sarah Brady

When you think about what it means to be rich, specific images may come to mind. Perhaps you imagine someone on a yacht wearing a Rolex while enjoying champagne and caviar. But when you try to define what it means to be "rich," the concept becomes more abstract; there's no set dollar amount or single physical asset that definitively makes you rich.

Dec 6, 2024 | ca.finance.yahoo.com | Sarah Brady

It's a tough time to be a homebuyer. In an environment of historically high interest rates and stubborn listing prices, the dream of homeownership is as elusive as ever. But it's even harder to buy a home when you believe (incorrectly) that you absolutely must have 20% saved up for a down payment. In reality, the average down payment for first-time homebuyers was just 8% in 2023, according to the National Association of Realtors. That's due, in part, to down payment assistance (DPA) programs.

Dec 3, 2024 | autos.yahoo.com | Sarah Brady

Managing money is tough for most people, but it's even harder when you don't have a bank account. If you've been turned down for a checking account, you probably have to go to great lengths to complete your day-to-day financial transactions. You might be using a combination of prepaid cards, payment apps like Venmo, and expensive check-cashing services. Instead of running in circles, there's a simpler solution for people who need a bank account: second-chance checking.