Money Hackers Blog Network

Are Savings Rates headed to ZERO?

Could interest rates for savings accounts possibly be headed for zero percent? Flagstar seems to think so! As I was updating the Savings Rate Wiki this morning, I couldn’t help but gawk at Flagstar’s astonishing new rate:

Zero percent at Flagstar

Zero percent! Wow! Sign me up! I have thousands of dollars in my mattress that [...]

The Credit Crisis Explained in 11 Minutes

I just ran across this fascinating video. Created by Jonathan Jarvis, the video breaks down the credit/mortgage crisis in under twelve minutes. Sure, there’s some simplification involved, but it all ultimately boils down to one disgusting word anyway – GREED.

Take a coffee break and watch this. It’s worth it.

The Crisis of Credit Visualized from Jonathan [...]

The Official Savings Rate (APY) Change Post

To help facilitate easier updating for the official Savings Rate Wiki, I’ve decided to create this post as a central placeholder. I try to stay on top of rate changes as best I can, but rates are falling fast (as of this writing). I could use your help.

Here’s where you come in. If you notice [...]