David McMillin
Background
David McMillin writes about credit cards, mortgages, banking, taxes and travel. From budgeting tips for individuals to funding strategies for aspiring business owners, his goal is simple: help readers figure out how to save more and stress less. In addition to writing, he is a musician, which means he has spent a lot of time worrying about money. He applies the lessons he’s learned from that financial balancing act to offer practical advice for personal spending decisions.
Experience
More than 10 years of covering personal finance with bylines for Bankrate, Business Insider, CNET, Washington Post and Chicago Magazine.
Education
DePaul University, Bachelor of Arts, English Writin♓g
Latest Articles
5 reasons why people avoid online banks (and why they should🧔n’t)
Online banks often offer higher interest rates, better security🌟, a𝓀nd more convenience than traditional banks, making them a smart choice for savers.
ও Milli Bank Review: Mobile-first bankin🎃g with sky-high savings rates
Milli Bank is a mobile-only bank that offers a competitive savings rate, 🌳no monthly fees, and helpful savings tools, but lacks some traditional banking features and has limited customer support...
8 savin🧔gs habits that will make you rich
Getting rich involves consistent saving, spending smartly, minimizing debt, and automa💜ting finances.
What do 🐭rich people do aft🅘er they make their millions? Here are 9 key habits
𓂃 While becoming rich can lead to financial freedom, many rich people keep the same habits to help them maiﷺntain their wealth. Here’s how you can do the same.
11 pro🌠fitable way🌱s you can make money online
The internet provides endless money-making potential through platforms that allow you to sell products 𝓡and services, monetize content creation, take online surveys, and more.
🔜 10 ways to save more in 2﷽024
The first way to save money is by creating a budget and tracking your expenses closely to identify areas where yoཧu can cut back.
How to become a millionaꦫire ꧙
To hit that $1 million mark, focus on saving and investing your ওmoney wisely 🐈while seeking more opportunities for growth.
Budgeting made easy: Simplif🧸y your life with the 50/30🍰/20 rule
Budgeting ൲can be time-consuming and stressful. If yo𒀰u don’t know where to begin, consider the 50/30/20 rule. It’s a simple approach to budgeting that divides your income into just three...
๊ How to save up to 🦩become a homeowner in 2024
Now’s the time to start saving for a down paym☂ent if you want to buy a home in 2024💫.
Hܫalf of Americans say t𒀰hey’re financially worse off since the last Presidential election
Republicans are feeling much more pessimistic about their finances and the general state of t🍬he economy tha🧔n Democrats.
Upgrade your bank account: 5ꦓ features every savings account should have
The best savings accounts offer features like competitive interest rates, low or no fees, easy a♓ccess to funds and more.
Breaking𝕴 the cycle: 6 tips to stop living paycheck to paycheck
To stop livin𒐪g paycheck to paycheck, create a budget, track your expenses, cut unnecessary costs, consider other sources of income, and build an emergency fund to create a financial cushion.
Struggling to save? Try one of these 5 viral saving challenges 🥃
Savings challenges can help you♎ save money by providing structure, motivation, and a sense of accomplishment.
💞 The 4 best places to keep your emergency fund
The four best places to k♐eep your emergency fund are high-yield savings accounts, money market accounts, no-penalty CDs, and cash management accounts.
What are high-yield savings accounts? 6 things to know 𝐆
𝐆 High-yield savings accounts offer higher interest rates than traditional savings accounts and can help you earn more on your savings.
How much does the av𝄹erage person have in savings? The answer may surprise you
The median account balance was over $5,000, but savings vary based on age, inc𓂃ome level, education, expenses, and more. ⛎
ౠ How much could $1,000 earn in a savings account?
Discover the potential interest y💞ou could make on $1,000, and learn how to maximize your earnings and make the most of your money. 🌼
⭕Set up for success: 7 ways to save big in your 20s
1. Create a budget. 2. Save for retirement. 3. Pay down debt. 4. Build an emergency fund. 5. Automate savings. 6. Cut down on rent. 7. Increase incಌome.
Most Americans think you need to earn almost $500K♉ to feel rich
Americans believe they would need to earn $233,000🐓 annually to feel financially secure and $483,000 to feel rich. But being rich is more than just your paycheck — it’s about...