New Money Lessons - Money Advice You Haven't Heard Before
What used to be bedrock advice for your parents' generation might not be the best strategy in the 21st century. Here's how to keep pace with the brave new post–piggy bank world.
By Amy Shearn
Original Content | February 06, 2013 
Photo: Thinkstock
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Supporting local businesses is great, but you don't need to follow your parents' footsteps in keeping their life savings at First Local Urbantown Bank with No Branches Anywhere Else. There are banks that exist entirely online, and experts say they are not only safe but can save you a lot of money in fees. Kiplinger.com points out that because online-only banks don't have the same overhead costs as traditional banks, they can offer high interest rates on checking and savings accounts. Kiplinger rated the best deals in online banking here. |
