Have you ever seen that icon on your credit card with frequency wave-like lines, similar to the WiFi icon, but sideways? That means your card is enabled for NFC payment. But what exactly does that mean? What is NFC? Near Field Communication is a feature available on most modern phones. As the name suggests, NFC […]
If you’ve ever opened a savings or checking account at a banking institution, you’ve likely stumbled across the phrase “FDIC insured”, but what does that mean for you and your assets? What Does it Mean to be FDIC Insured? The term FDIC-insured means that your banking institution, whether brick-and-mortar or online, is insured by the […]
Spending vs Saving Habits Americans are spending on average almost 80% of what they earn. This leaves little for an emergency fund, retirement, or savings for big-ticket items like a house, a car, or an appliance. The situation is not improving. The Bureau of Labor Statistics noted that while earnings decreased by 1.5% this past […]
Switching to online banking has its obvious perks, most notably, having complete access to the bank and features without having to physically go into your local brick-and-mortar. However, mobile banking apps still have some consumers worried about the security threats that come with using the Internet. This brings us to the question– are mobile […]
Learning how to separate money into different bank accounts associated with your specific goals will help you stay financially stable and disciplined. When you set up multiple accounts, it makes saving for specific short-term and long-term goals simpler. Otherwise, as the saying goes, you will “rob Peter to pay Paul.” With the best of intentions, […]
The Appeal of Online Finance Simplifying your financial life on an app offers unique opportunities that a physical branch can not match. At any time, any day, any device, and anywhere in the world, you can access your account balances, transaction history, transfer funds, pay bills, receive customized notifications and set up automatic savings and […]
There are many reasons to save money. It’s not just because some wise philosopher said, “Take care of the pennies and the dollars will take care of themselves”. It’s also not just because your parents advised you to “save for a rainy day” although they are both right. Those lessons on how to put money […]
Life and surprise expenses don’t always align with payday. It is important to be proactive in order to protect yourself (and your bank account) from unforeseen circumstances. Marygold & Co. banking services enable you to get your direct deposit paid up to two days earlier, certainly helping with those unexpected bills and expenses. But how […]
The end of the year and/or beginning of the next year is usually a time when finances and money seem to be top-of-mind. Often when we think about money, we think about how to best manage it and stay organized. As you take this time to figure out your goals, organizing your financial life is […]
Life happens and we’re not always prepared for it financially. That’s why it’s important to keep an emergency fund as well as a savings account – and to know the difference between the two. Here we explain the difference between an emergency fund vs savings. What is an Emergency Funds Account? An emergency fund is an account […]
