Tag: Banking
Money Management 101: Why You Should Track Your Spending
Are you literally eating through your income? Nearly half of Americans who live paycheck-to-paycheck cite dining and entertainment as the root of their financial problems. Track your spending to face your financial demons once and for all. Photo: Eka Shoniya Do you ever wonder why you run out of money by the end of the month? Do you earn plenty but still live paycheck to paycheck? Do you ever look at your savings and think you could be doing better? If you answered ‘yes’ to any of these questions, you’re not alone. In fact, a recent poll from SunTrust Bank showed that many Americans – even those with high incomes – are in the same boat. Strangely enough, hard times aren’t necessarily the culprit for
Interview with Green Dot’s Founder and CEO, Steven Streit
A listener to the Dough Roller Money Podcast recently emailed me about online security. He wanted to know whether our online financial lives—think banking, investing, credit cards, and the like—are safe. And what happens if a hacker does manage to compromise are accounts? Are just out of luck? To begin answering this question, I interviewed Steve Streit. He is the founder and CEO of Green Dot. While many know Green Dot as a prepaid company, it’s also a bank. In 2011 Green Dot became a bank holding company. As such, Steve can speak to both the prepaid card space and the banking vertical. Here’s what I learned in my interview with Steve: Not all prepaid debit cards are created equal. Some, like Green Dot, offer protections that go
