MoneyWisdom Blog

When should my child get a debit card?

Posted by Bill Burpeau on Apr 7, 2017 10:00:00 AM

Getting your child a checking account with a debit card is a good idea at some point, but when do you know the right time?  Here’s what to look for.

Read More

Topics: Checking, Credit Card, Teen

How Direct Deposit and Payday Perqs Improved My Life

Posted by Patti Conty on Jun 5, 2015 7:00:00 AM

Back in the day, I got a paper paycheck every Thursday from my employer. It was a highlight of the week, for sure. What wasn’t fun was depositing my check. I had to scoot directly from work, arriving at the bank minutes before it closed.

If I ran late, it meant waiting two more days before I could make a deposit. Then I had to stand in line with everyone else on Saturday morning. I definitely had better things to do.

Read More

Topics: Money Management, Checking, Hanscom FCU

When should my child open a checking account?

Posted by Bill Burpeau on Apr 16, 2014 12:00:00 PM

My kids got theirs at age seven! But as a teacher of personal financial management, I am a bit fanatical about educating my children. Here are some things to consider when deciding when to open a checking account for your children.

Read More

Topics: Checking, children, Teen

Free Debit Card Rewards

Posted by Bill Burpeau on May 18, 2012 10:49:00 AM

Free debit card rewards programs are disappearing faster than sump pumps in a spring flood.  One reason for this is the recent implementation of the Durbin Amendment.

As a result, financial institutions are cutting out their free debit card rewards programs or attaching fees to them. The following financial institutions eliminated debit card rewards or ended new enrollment last year.

Read More

Topics: Checking

Free Checking Account - Is it really free?

Posted by Bill Burpeau on Mar 23, 2012 4:26:00 PM

When fees are hidden behind fancy titles or taken in the form of minimum requirements and lessened service, a "free" checking account isn't really free at all.

Read More

Topics: Checking

Add a Comment

Subscribe to MoneyWisdom Blog Updates

Is Investment Property Ownership Right for You?

Posts by Topic

see all

Recent Posts