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6 reasons to switch to paperless banking

6 reasons to switch to paperless banking

Do you feel more secure with a stack of paper bills in hand to sort and file? Is mailing bill payments a monthly ritual you’ve never questioned? Switching to electronic banking and billing can streamline your financial life. Not merely

Posted in: Personal Finance, Saving Money

2 knee-jerk moves to avoid with your retirement accounts

2 knee-jerk moves to avoid with your retirement accounts

When you’ve put a significant number of your financial eggs into the retirement account basket, it’s hard not to panic the moment a market downturn points things south. The whole point of long-term investments like IRAs and 401(k) accounts, after

Posted in: Personal Finance, Saving Money

5 reasons the car you can afford should be the car of your dreams

5 reasons the car you can afford should be the car of your dreams

Is it time yet to finally buy yourself the dream car you deserve? It might be, or it could be time to treat yourself to something you deserve even more—the car that fits your finances. The enthusiasm-wilting truth about many

Posted in: Cars, PenFed 5, Personal Finance, Saving Money

How do checking accounts work?

How do checking accounts work?

A checking account doesn’t typically offer interest like a savings account and it doesn’t extend you credit like a credit card, but it’s still a key part of your financial situation. While both checking and savings accounts are good ways

Posted in: Personal Finance, Saving Money

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