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Stagflation: Does the U.S. Have It Today?
Stagflation: Does the U.S. Have It Today?

The following is the third guest article from professor Jeff Wiltzius, an economics professor and a long-time friend of mine. As I mentioned in July when I published his first article, Prof. Wiltzius has graciously offered to write a few articles for DepositAccounts.com to share his insights into the economy and the Fed.

Stagflation: Does the U.S. Have It Today? Will the U.S. Economy Soon Encounter Stagflation?

by Prof. Jeff Wiltzius

In recent posts to DepositAccounts.com, it became clear that some people do not have a clear understanding of the term stagflation....

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How Much Does FDIC Insurance Cost Consumers?
How Much Does FDIC Insurance Cost Consumers?

So how much did you pay in FDIC insurance last year? If you think the answer is zero, think again. While it's true that financial institutions, not consumers, must contribute to the FDIC insurance fund, they pass those costs on to banking customers in the form of lower rates. And that raises an important question for anybody with cash in an FDIC-insured account; how much is the $250,000 in coverage costing you?

This hit home for me recently as I looked for a place to park some cash....

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The 12 Cents That Will Kill Your Debit Card
The 12 Cents That Will Kill Your Debit Card

Back in December, in a move praised by retailers and bemoaned by financial institutions, the Federal Reserve announced limits to the fees banks can charge merchants each time a debit card is used to make a purchase at a retail location. The limits, which will cap debit card interchange fees at 12 cents per transaction when they take effect on July 21, are intended to ease the financial burden on merchants and, in turn, help consumers through a sort of trickledown economics. However, since they are also projected...

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Other Factors to Consider When Opening an Online Savings Account
Other Factors to Consider When Opening an Online Savings Account

For the most part, I tend to use the advertised interest rates as the deciding factor in choosing a high yield online savings account. After all, if there isn't more interest to be had, why bother with sending money to an online account when the traditional savings account at my bank will do?

Yet, as I opened up more and more accounts through the years, certain features started jumping out at me as being important than I realized at the beginning. Nowadays, in addition to how much interest I could earn...

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Comparing Money Management Software
Comparing Money Management Software

Managing money in today's world is much different than the days when cookie jars and shoe-boxes served as savings accounts. Just as the options for saving, investing and spending have increased over time, so have the methods which we use to manage and track our finances. Although several tried and true methods are still in use today, many consumers are turning to money management software to help keep their accounts organized.

How to Choose Money Management Software

Each option available today provides the user with a variety of...

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