How to Open a Bank Account
Many Americans rely on retail outlets for financial services instead of using banks and credit unions. Often these households lack access to safe and affordable financial services. However, a bank…
How to Set A Monthly College Savings Goal
When it comes to achieving success, in any aspect of life, one of the most important steps is setting thoughtful goals. As parents planning for our children's future, this is…
Automating Your Savings: Work Towards Saving Goals
David Bach has a point, and his point holds true for saving and investing for our kids. At UNest, we believe that the most important step to beginning the journey…
College Savings 101: Understand Your Option & Start Early
College for my kids? Ways away, right? They may still be newborns or toddlers but the earlier you set your kids up for success the better. That’s why implementing a…
What Are Interest Rates?
Interest rates might alternate between making you feel great and making you feel like you want to pull the covers over your head. You can divide interest rates into two…
How Much Money Should I Have in a Savings Account?
Should you or shouldn’t you have money in a savings account? It’s such a great question because we all hear the perils of putting money into an account that doesn’t…
Saving Solutions for Parents: 529 Plan vs UTMA vs Coverdell
As a parent it’s easy to get bewildered by the different investment options available when setting up a savings plan for your kids. Make the right choice and you’ll get…
How To Pay Down High-Interest Debt
When you’ve decided you want to pay down high-interest debt, give yourself a high-five, a cookie and an ice cream sundae. And a beer. That’s an admirable goal. But now…
What is Compound Interest?
To put it simply, compound interest is the interest you earn on interest. For example, let’s say you invest $100 and it earns five percent interest each year. You’ll tally…
Family Finances During the Pandemic: Americans Are Prioritizing Saving More for their Kids
A Recent UNest/Harris Poll Shows that Parents Saving for their Kids has Increased Dramatically Throughout the Pandemic 2020 was quite a year. No one could have predicted the impact that…