Tag Archives: Account

Best Bank In Uae To Open A Savings Account?

By Increase Savings | Published: November 21, 2009

Hello, I want to open a saving account and just wanted to know which bank is the best in terms of customer service, quality and advantages. Thank you.

Posted in Q&A's | Also tagged Bank, Best, Open, Savings | Comments closed

How Do I Report A Joint Savings Account On A Tax Return?

By Increase Savings | Published: November 21, 2009

The holders are a 13 year old and a parent,do we report the earnings on the child’s tax return or on the parents?

Posted in Q&A's | Also tagged Joint, Report, Return, Savings | Comments closed

Money Market Mutual Funds Versus On-line Savings Account?

By Increase Savings | Published: November 21, 2009

Hi there … Assuming one gets the same yield (pre-tax) from money market mutual funds & on-line savings accounts, is there any advantage of one over the other? For example, is the tax treatment of earnings different? Apart from feedback, if u can refer me to any article/publication, that would be gr8 too. Thanks, in [...]

Posted in Q&A's | Also tagged funds, Market, money, Mutual, Online, Savings, Versus | Comments closed

When At An Atm With My Paypal Debit Card, Which Account Type Should I Choose? Savings Or Checking?

By Increase Savings | Published: November 20, 2009

The BEST answer is ASK PayPal. If it were ME, I would try checking first. If that didn’t work, I would try savings. One of the 2 should work.

Posted in Q&A's | Also tagged Card, Choose, Debit, Paypal, Should, Type, When, Which, With | Comments closed

Does Having A Job, Or A Savings Bank Account Affect Receiving A Maintenance Grant Or Bursary For Uni In Uk?

By Increase Savings | Published: November 19, 2009

As in, if I have a few grand in an ISA or have a part time job, will this be taken into account when deciding to give out maintenance grants. I am from the UK, so I would just like to know.

Posted in Q&A's | Also tagged Affect, Bank, Bursary, Does, Grant, Having, maintenance, Receiving, Savings | Comments closed

What Is The Difference Between Conventional Savings Account & Basic Savings Account?

By Increase Savings | Published: November 18, 2009

as far as i can tell they are one and the same!!!

Posted in Q&A's | Also tagged Basic, Between, Conventional, Difference, Savings, What | Comments closed

How Much Interest Earned Over 3 Years On A $85,000 Savings Account On 4% Interest?

By Increase Savings | Published: November 17, 2009

How much interest will I have earned over 3 years on a savings account balance of $85,000 on 4% interest?

Posted in Q&A's | Also tagged $85000, Earned, Interest, Much, Over, Savings, Years | Comments closed

What Will Happen To My Wamu Checking/savings Account?

By Increase Savings | Published: November 15, 2009

I have a Savings account in Wamu with quite a bit of money in it. What will happen to that money now that Wamu is closing down?

Posted in Q&A's | Also tagged Checking/savings, Happen, Wamu, What, Will | Comments closed

I Want To Put Money In A Savings Account To Earn Interest. Do I Have To Pay High Taxes?

By Increase Savings | Published: November 15, 2009

I want to put $2-300,000 in a savings account. Will I get taxed high from my interest? I heard it was 33% but that’s about a 1/3 of you’re interest.

Posted in Q&A's | Also tagged Earn, Have, High, Interest, money, Savings, Taxes, Want | Comments closed

What Is The Taxable Amount For Savings Bank Account In Nationalised Banks In India?

By Increase Savings | Published: November 15, 2009

The taxable amount is on profits from interest that you receive. The amount is tax at the total income you make which has different slabs. 0-1.5 lakhs – no tax 1.5 – 3.0 lakhs – 10% 3.0 – 5.0 lakhs – 20% 5.0 lakhs & above – 30%

Posted in Q&A's | Also tagged Amount, Bank, Banks, India, Nationalised, Savings, Taxable, What | Comments closed

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Thinking of investing your savings?

While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

Where to start?
If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.

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Thinking of investing your savings?

Where to start?