Savings and banking writer
Harold Benner
Harold spent eleven years managing a small-town bank branch before he started writing, which is where he learned how a quarter-point move in the federal funds rate actually works its way into a posted APY months later. He covers savings accounts and the mechanics connecting policy rates to what shows up on a statement. He keeps three different savings accounts open just to watch how their rates drift apart over time.
Covers Savings, Money Basics
Latest from Harold
How the Fed Funds Rate Reaches Your Savings AccountThe actual mechanism connecting the federal funds rate to your credit card APR, your savings account APY, and your mortgage rate, traced step by step.
Emergency Fund: How Much, and Where to Keep ItHow to calculate your actual emergency fund target from bare-bones expenses rather than full spending, and where that money should realistically sit.