i’m trying to work on a research project and i can’t find information for one of the questions i’m looking at. I’d like to know that the average savings rate for a middle income family ($44k-$75k) and the breakdown by state. if anyone knows a reputable site with this information, please let me know. thanks.
i have some to cash in and found the same interest rate but different yields. i would rather keep a few that earn the most money. i have 237 bonds to weed through.
How about not taxing the interest on savings accounts. Savings accounts are the savings device of choice for the lower to mid income people. These are the very people that we need to encourage to save.
It will be a case of under the mattress rather than let banks use your money for nothing!
I see all these large investment firms offering small interest rates over an entire year and I know they are making returns 100 times over within that same time frame with my money. Is there anyone out there that appreciates my money as much as me and gives me a interest rate worth investing in?
That is interest rate is lower than the inflation rate for your savings..
My current ISA has dropped to a stupidly low rate and the alternatives are all a bit rubbish… ING offers a Savings Account at 5.0% for 12 months (with a 2.17% bonus) but their ISA only has a rate of 3.69% for 6 months… How do I compare the difference?
I don’t understand bank interest rates. my bank has a 0.10% interest rates on the savings account. I want to put some money on there and start saving up for certain things I need but I don’t understand what the interest rates are supposed to do? will I get 0.10% deducted from my savings just [...]
iam just asking because ive come into inheritence of 1 mill. if i put that in a high interest savings account and live off that . e.g 5% interest meaning i get 50k a yr just by that and i live off that money. as in not work. would i be charged tax and how [...]
Is it the capital structure? many banks offer different rates, why? Is it their level of risk and is this in any way related to their capital strucure?