Credit Card, Banking and Savings Expert
Lauren Perez writes on a variety of personal finance topics for SmartAsset, with a special expertise in savings, banking and credit cards. She is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society for Advancing Business Editing and Writing. Lauren has a degree in English from the University of Rochester where she focused on Language, Media and Communications. She is originally from Los Angeles. While prone to the occasional shopping spree, Lauren has been aware of the importance of money management and savings since she was young. Lauren loves being able to make credit card and retirement account recommendations to friends and family based on the hours of research she completes at SmartAsset.
Posts by Lauren Perez:
A VA loan could be a great financing option for a veteran looking to become a homeowner. These loans often give active and former service members the opportunity to buy homes without making a down payment or paying for mortgage insurance. The VA limits how much veterans can contribute to closing costs. But one cost most VA borrowers can’t avoid is the VA funding fee. This is a one-time fee for VA loan borrowers that must be paid before a veteran can close on a home. Read more
There are many different routes you can take when you’re trying to save for retirement. Some of the most popular options include 401(k)s, traditional IRAs and Roth IRAs. A lesser-known choice is the gold IRA, which allows you to invest in gold and other metals, like platinum and silver, in the form of bars, coins and bullion. By contrast, a regular IRA would consist of stocks, bonds and other investments. Gold IRAs come in both Roth and traditional variations. Read more
Certificates of deposit, or CDs, offer a reliable and structured approach to savings. A CD has a set term length. Once you make your initial deposit, you can’t touch that money until the term ends. This allows your money to grow undisturbed, and you usually get a higher rate in exchange for the decreased liquidity. But when shopping around for a CD, how do you know what rates to look for? Read more
When shopping around for the right savings account, it’s important to know what you want from the account. It’s also important to know how your options stack up against the competition. Are you… Read more