Articles by Thomas (TJ) Porter

TJ Porter has in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions. He has also contributed to publications and companies such as Investment Zen and Echo Fox. He aims to provide actionable advice that can help readers better their financial lives. Education: B.S. in Business Administration, Concentration in Information Systems from Northeastern University.

How to Choose the Best Online Savings Account for You Learn how to choose among many online savings accounts available nationwide -- consider factors such as interest rates, monthly fees, mobile banking, and more. Should You Use the Same Bank for Your Personal and Business Checking Accounts? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Should You Use the Same Bank for Your Personal and Business Checking Accounts? Individuals and business have very different banking needs. Businesses often... Can You Use a Money Market Account for an Emergency Fund? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Can You Use a Money Market Account for an Emergency Fund? A money market account is a special type of bank account that combines the... What to Do When You Earn Too Much to Contribute to an IRA Find out what options are available to serve your retirement savings needs when you have high enough income to exceed contribution limits on IRAs. How Immigrants Can Open a Bank Account Without a Social Security Number As an immigrant without the traditional methods of providing a tax ID, learn how you can still open a bank account to help manage your finances in the U.S. 4 Savings Strategies for People with Low Income Photo of Thomas (TJ) Porter Thomas (TJ) Porter 4 Savings Strategies for People with Low Income Saving is difficult for many people in America. Still, having some money in a... How to Set Up a Wedding Savings Account Photo of Thomas (TJ) Porter Thomas (TJ) Porter How to Set Up a Wedding Savings Account Weddings are expensive -- costly enough to put newlyweds deep in debt. That is... What's the Difference Between a Checking Account and a Money Market Account? While a checking account and money market account have some similar features, learn how they differ so that you pick the right account for your financial goals. How Much to Save Up Before Moving Out On Your Own As someone who wants to move out of the parents‘ house, find out exactly how much savings you should have before hitting this key life milestone. Should You Always Switch Banks in the Best Savings Rates? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Should You Always Switch Banks in the Best Savings Rates? You're making it a point to maximize your savings by keeping money in the top...