investing guide

Saving And Investing Style

savings account

Good old Mom and Dad saving and investing the old fashioned way.

I have tried for a few years now to get my parents to switch from their traditional low-interest brick and mortar bank savings account. However, they are stuck in their low minimum investing lifestyle. They simply have no desire to learn about investing because they were raised in a time when you worked hard and then harder to get your money.

In my opinion, the traditional savings account that offers tiny, tiny, tiny, interest is old news. There simply is no reason anyone with computer access should not have a high yield online savings account instead of a useless brick-and-mortar savings account.