The stock market has lost trillions of dollars, and a lot of that lost value was in people's retirement accounts. It can be really tough to find a safe place to save or invest these days. While this article is not intended to provide any sort of investment advice, it is meant to help people stash some cash in a place that will be safe.
For most Americans, banks are are a good choice. Looking at banks may not be very exciting, but after the wild ride that the stock market has taken in the last few months, we are due for a little boredom. And savings are FDIC insured, so even if you own individual bank has problems, people with deposits can sleep well at night.
However, traditional bank savings accounts and CDs may still have pretty low rates. It is depressing to think of saving money, and then actually losing money because the interest rate is lower than inflation! But new online accounts can offer higher interest rates, and still give consumers all of the services they are used to. You can still write checks, make deposits at cash machines, and even use a debit card with many online accounts. You can find online accounts that are FDIC insured too, so your money is just as safe there as it would be at a neighborhood bank.
How can online banks offer higher rates than neighborhood banks? Well, they use computer and internet technology to cut costs. You can check your bank balance online, make deposits through check, online transfers, or even at cash machines. You can login to check your balance, withdraw money with a cash card or through an online transfer, and even pay your bills all through your home or work pc.
What this means is, the online account does not have to pay the overhead of a local branch bank, which includes a building and salaries. So they can offer their customers a higher return on their money by passing the savings on.
You can find online savings accounts, CDs, and checking accounts. Some include the ability to pay bills online which is convenient, and also saves you from having to go out and buy postage stamps! Some others can be attached to an online brokerage account which makes it easy to act quickly on a hot tip or change in the values of your other investments.
Best Place To Save Money
Don't you find trying to find the better of anything a bit overwhelming at times? I hope that I may be able to help a bit with a few tips to help in the selection process. I really do recommend that you take full advantage of the moving companies free quotes that are provided free of charge. It is recommended that you don't take the highest or the lowest bid. Sift through the bids that all come in close proximity from one another.
If you find that a company tried to hold you to a deal threaten to report that company to the better business bureau. Never divulge any personal information until you are fully aware of all terms of your contract.
I think it really depends on what your needs are at that period in time. In most cases, the quote that's too good to be true usually is. However, sometimes the perfect quote from a moving or transport company may just be the one that suits you best, which so happens to be the one that offered the lowest quote.
Now you need to consider a few things. What you need to understand that just because the price quoted may seem fair but you need to consider what services are you getting with that price quote. In other words, I think to get the best deal, it's more important to understand what you're getting for that low quote rather than just simply taking the lowest offer.
Why it is best to have a full understanding of what services are included with your moving quote? Because you might take certain services for granted and find a big surprise when it comes time to move. Packing and unpacking is a very important factor to consider. You don't want to be left with no surprises. Moving is stressful enough. Here is another thing to think about, does the moving company need to move furniture from upper levels of your home?
Do you need a moving company to place your boxed items in their respective rooms? Most low-quoted companies don't provide that luxury, so make sure you get what you want before accepting the deal. It really is difficult to move large furniture up a flight of stairs if it's just you and your spouse or partner that you have to rely on. Having movers and packers do that for you is the best part of the services a moving company has to offer.
Another important factor to consider with a moving or transport company is how you will pay for the service. Beware of movers that demand payment in cash only. Make sure you get a contract that clearly explains all terms of the move and expectations. All movers are required to accept payment by check, money order, credit card or cashier's check.
Now I'm not saying that the lowest quote automatically means the company is fraudulent or slackers, some moving companies offer discounts at certain times of the year or month. It will typically be advertised with that specific company so you may find that you just landed yourself a great deal that day with a reputable mover that offered the lowest quote. Overall, it pays to be patient and search thoroughly for the best deal. There's no better source than the Internet. Getting Moving company quotes is as easy as pie.
Take advantage of filling out one form to get free multiple and various company quotes. This will save you a lot of time because you'll instantly receive moving quotes from a number of movers in your area for you to use in your search for the perfect mover to suit all your needs.
Remember that all the resources provided are free and you are under no obligation to use any of the movers. An educated mover is the happiest mover and your education begins with comparing moving company quotes and the services included in that quote. Take nothing for granted and good luck.
Both Mary Bush & Laura Buckley are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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4 What It's Worth A focus on the positive will remind you that the negative is temporary and that no matter what, there is always something in life to remain happy about