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Greg McBride Quotes
«When the yield curve inverts, banks' funding costs rise above what they earn by lending. This can produce a credit crunch.»
«Making two withdrawals each week from another bank's ATM is throwing away more than $300 per year.»
«Shop around, since there's no need to pay some of these fees when the bank across the street doesn't charge them. Also look for free non-interest checking, not an account whose interest is a pittance and requires a higher balance and higher monthly service charge.»
«Over a year ago, we tried to buy a building near the (Indiana Memorial Union) that has been vacant for some time. We were just told that it was going to be used for education, which is great, but it still hasn't been touched.»
«There's no incentive to go into that longer maturity now.»
«Not knowing where your money is going is a huge obstacle in achieving financial independence. The first step toward saving is to set some limits on your spending.»
«A budget can help you accomplish all of that.»
«Sometimes that difference between short-term rates and long-term rates expands and sometimes it narrows. That difference has narrowed in the last two years, which hampers banks' ability to profit from the difference.»
«The environment has improved dramatically thanks to the Federal Reserve interest rate hikes. Cash investments look pretty good right now.»
«Pay your bills on time, and pay your debt down over time. Together, those factors account for 65 percent of your credit score.»