melissacook

Melissa Cook

Melissa has a degree in English and marketing from University of California Irvine. She is a creative and accomplished content writer and editor with comprehensive experience developing rich, compelling content for a variety of websites. With her expertise in writing a broad range of content, combined with outstanding interpersonal skills and commitment to exploring innovative ideas, Melissa has done an excellent job developing content for blogs, articles, social media, and the company website. When she is not writing, Melissa spends most of her time cooking, traveling the world, and catching her favorite Broadway shows.


What Is APY? (And Why It Is Important When Making Financial Decisions)

Updated Oct 25, 2023
By Melissa Cook
What Is APY? (And Why It Is Important When Making Financial Decisions)

When you invest in a savings instrument, you encounter two interest-related numbers: The nominal interest rate and the APY. The issuer, such as a bank, credit union, or another financial...

Read More

What Is An Overdraft Fee And The Steps To Avoid Getting One

Updated Oct 17, 2023
By Melissa Cook
What Is An Overdraft Fee And The Steps To Avoid Getting One

An overdraft fee can increase the cost of your purchases and cause more financial strain if you’re already strapped for cash. The key is to avoid them, and here is how to do just that...

Read More

Savings Account Vs. Checking Account: Choosing The Right One For You

Updated Oct 16, 2023
By Melissa Cook
Savings Account Vs. Checking Account: Choosing The Right One For You

When it comes to bank accounts, they're not all created equal. Depending on your financial goals, you'll want to choose one that meets your current and future needs. Find out...

Read More

Determining How Much To Save For Retirement – A Choice That Will Certainly Affect Your Future

Updated Oct 12, 2023
By Melissa Cook
Determining How Much To Save For Retirement – A Choice That Will Certainly Affect Your Future

People often think they know how much to save for retirement. But the fact of the matter is that they either don’t have an understanding of how much they’ll really need to retire in...

Read More

How To Calculate Compound and Simple Interest

Updated Oct 05, 2023
By Melissa Cook
How To Calculate Compound and Simple Interest

Understanding how to calculate compound and simple interest is like possessing a financial compass—it helps you plan your financial goals and work towards them. Here, we'll show you...

Read More

What Is An ACH Transfer? (And Common Misconceptions)

Updated Sep 28, 2023
By Melissa Cook
What Is An ACH Transfer? (And Common Misconceptions)

From everyday transactions to payroll deposits and online bill payments, ACH transfers have simplified the process of transferring funds between accounts. Here's everything you should know...

Read More

CD vs Savings Account: How to Make the Right Choice

Updated Sep 28, 2023
By Melissa Cook
CD vs Savings Account: How to Make the Right Choice

The CD vs. savings account debate is popular today as interest rates are high, and consumers wonder how to save or invest their money. Here are some insights to help you make the best...

Read More

How Much Should I Save Each Month? A Simple Practice For Financial Wellness

Updated Sep 22, 2023
By Melissa Cook
How Much Should I Save Each Month? A Simple Practice For Financial Wellness

A fundamental principle of personal finance is the practice of allocating a portion of your income to savings. Yet, calculating the optimal monthly savings amount can pose a challenge...

Read More

Are You Eligible? Biden’s Plan for Student Loan Forgiveness (Update)

Updated Sep 15, 2023
By Melissa Cook
Are You Eligible? Biden’s Plan for Student Loan Forgiveness (Update)

If you're wrestling with student loan debt, you've likely been paying attention to President Biden's new Saving on a Valuable Education (SAVE) plan. Here's everything you should know...

Read More