Accounts receivable is an account that shows the amount of revenue you have earned but not collected. Companies that sell supplies or products on account to buyers typically maintain a balance in ...

When you think about it, it’s so much easier to spend, than it is to set aside money in a savings account. What’s the point, right? Every time you transfer money into your savings account, you touch ...

Chiara is an award-winning investigative reporter who specialises in banking and fraud, joining Which? in 2015 following six years as a personal finance journalist at a national newspaper. In this ...

Congratulations! The stork just delivered a bouncing baby boy or girl. But alas, the big-beaked bird failed to deliver advice on how to save money for your new arrival. So, what about opening a baby ...

If you've been struggling to keep your head above the water financially of late, you're not alone. Since the economic downturn, many Brits have found it harder and harder to keep up with the rising ...

Most of us having a checking and savings account—that's pretty standard. But there are a handful of other kinds of accounts offered by banks and credit unions. We thought we'd put together a primer on ...

One notable feature is that account holders can deduct from their own income the amount of HSA contributions made to their account by other people—but not the employer. The first day of the 2020 ...

A self-directed retirement account could be an IRA, Roth IRA, 401(k), Roth 401(k), Pension Plan, SEP or even an HSA or Coverdell or College IRA. Any of these accounts could be moved from a traditional ...

Health Savings Accounts (HSAs) might be the single most powerful tax-advantaged savings vehicle in the IRS tax code. You can deduct contributions, experience tax-deferred gains and withdraw money tax ...