About
Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online. Beyond banking, her expertise covers credit and debt, student loans, investing, home buying, insurance and small business.
Rebecca Lake, CEPF (certified educator in personal finance), has over a decade of experience as a money expert, researching and writing hundreds of articles on banking, retirement, investing, budgeting, loans and saving money. Her journey as a personal finance expert began with a personal quest to pay off $100,000 in consumer debt. She has been published in over 20 online finance publications, including SoFi, Time, Chime, CreditCards.com, Investopedia, SmartAsset, NerdWallet, Credit Sesame and LendingTree.
As a single parent of two teens, Rebecca is passionate about financial literacy and teaching others how to develop healthy spending and saving habits. In addition to her freelance writing efforts, Rebecca also runs a successful personal finance blog for moms who want to master their money.
Expertise
- Banking
- Personal finance
- Life insurance
- Homeowners insurance
Achievements
- 10 years of experience writing about banking and finance
- Certified educator in personal finance (CEPF)
- Contributor to top-tier personal finance brands including Investopedia, SoFi, and LendEDU
- Owner of a successful personal finance blog for moms
Other Publications
- Best Bank Accounts for Kids (Checking and Savings) 2024
- How to Deal with a Frozen Bank Account
- Can you get a secured credit card with no bank account?
- CD or Savings Account: Which One Is Better?
- Are CDs Worth It?
Education
University of South Carolina (B.A., Political Science)
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National Debt Relief Review 2024
National Debt Relief, a debt settlement firm, negotiates with creditors to reduce consumer debt. They offer free consultations and will customize plans to make debt payoff affordable. Depending on factors like your debt size, budget and negotiated amount, you could... -
CD Calculator: How Much Can You Earn With A Certificate Of Deposit?
Have you noticed what’s happening with CDs? If you’ve ever shrugged off certificates of deposit, they’re worth a look thanks to rising interest rates. CDs are “time deposit” savings accounts; they require you to lock away your money for a... -
Chase Business Checking Review 2024
Chase Bank, the largest U.S. bank by assets, offers numerous banking products and services that can make running your small business easier. Chase Business Complete Banking, Chase Performance Business Checking and Chase Platinum Business Checking offer different payment solutions, features... -
The Pros And Cons Of Money Market Accounts
Whether you have savings or you’re just starting the savings journey, the biggest question may be where to keep your money. A money market account is one alternative you might consider in place of a traditional savings account or high-yield... -
Best Credit Unions For Business Accounts Of July 2024
Credit unions are worth considering when you need to open a business account. They often charge fewer fees than traditional banks, and you might earn better interest rates on deposits. While you must become a credit union member to open... -
Best Bank Accounts For Bad Credit Of July 2024
If you’re worried about your banking history, don’t rush to open a new account. Do some research before you apply, and look for second-chance bank accounts that will give you a fair shot at being approved. This list of the... -
Can You Write Checks From A Money Market Account?
Money market accounts (MMAs) can deliver competitive rates to savers, along with more flexibility than the average savings account when it comes to withdrawing and spending money. In fact, many money market accounts offer check-writing privileges. If you're thinking of... -
State Farm Savings Account Interest Rates July 2024
State Farm offers savings accounts through a strategic partnership with U.S. Bank. In 2020, State Farm announced that U.S. Bank would be taking over its banking products, including savings accounts and money market accounts. If you'd like to open a... -
7% Interest Savings Accounts: All You Need To Know
When rates are on the rise, finding savings accounts with 5% interest rates is doable—even easy. But is it possible to top that? Are there any banks offering 7% interest savings accounts? Can You Get a 7% Interest Savings Account?... -
Are Money Market Accounts FDIC Insured?
Money market accounts combine the flexibility of a checking account with the interest-earning potential of a savings account. But is a money market account insured? The short answer is yes, money market accounts are insured by the FDIC like other... -
USAA Vs. Navy Federal 2024
USAA and Navy Federal Credit Union offer a full range of financial products and services geared toward the needs of military members and their families. Either one could be a good fit if you’re affiliated with the military and looking... -
How To Combine Bank Accounts
Tying the knot means making some decisions with your spouse about money. As you embark on your new life together, merging bank accounts might make sense if you're planning to share responsibility for bills, pool your savings and otherwise tackle... -
Best CD Rates In Michigan For July 2024
Certificate of deposit (CD) accounts can help you grow your money while working toward savings goals. When getting the best CD rates is a priority, it helps to see your options laid out. CD rates can vary by state. If... -
Vio Bank Review 2024
Vio Bank offers savings accounts, money market accounts and CDs, all of which earn competitive rates. This online banking option may be attractive for savers who want to grow their money faster, with relatively low opening deposit requirements and no... -
Best CD Rates In Illinois For July 2024
When opening a CD account, location matters. CD rates can vary from one state to another—and even from one ZIP code to another. If you're looking for the best CD rates Illinois has to offer, there are several banks and... -
Best Compound Interest Accounts
Compound interest can be a saver's best friend since it allows you to grow your money at a faster pace than simple interest. When it comes to the types of compound interest accounts you can choose from, banks and credit... -
Can I Deposit A Check For Someone Else?
When you need to deposit a check for yourself, you have a few options. You can take it to a teller, deposit it at an ATM or use your bank's mobile check deposit feature. But what if you're asked to... -
What Do You Need To Open A Bank Account?
A bank account can be convenient if you need a place to deposit paychecks or a way to pay bills and cover everyday spending. But not everyone has a bank account: Federal Reserve data shows about one-fifth of U.S. households... -
TD Bank Business Checking Review 2024
TD Bank offers multiple business checking solutions for small business owners and entrepreneurs. All business accounts include personalized support at more than 1,100 branch locations. A TD Bank business checking account could be a good fit if you live near... -
Average Savings Account Interest Rates July 2024
The average interest rate for savings accounts reflects what you could earn on your savings based on what savers are earning at other banks. The FDIC tracks national average savings rates for savings accounts, money market accounts and certificate of... -
Best CD Rates In Florida Of July 2024
Certificate of deposit (CD) accounts can be a great option when you want to save for short or long-term goals. Where you live can influence the amount of interest you earn, as banks may offer different CD rates in different... -
Best CD Rates In New Jersey July 2024
Certificate of deposit (CD) accounts can help you save for short- or long-term goals while earning interest. Comparing CDs at different banks and credit unions makes it easier to choose an account that fits your savings goals while also maximizing... -
Online Banking Security: How To Protect Your Online Banking Information
Digital banking (online and mobile banking) makes managing finances easy. With digital banking technology, you can pay bills, deposit checks and transfer money from wherever you’re located. Due largely to their convenience, online and mobile banking are the two most... -
Truist Savings Account Interest Rates Of July 2024
Truist, created through the merger of BB&T and Suntrust, is one of the largest banks in the U.S. As a full-service bank, Truist offers checking and savings accounts to help you manage your money. You might consider saving with Truist... -
Ally Savings Interest Rates Of July 2024
Ally offers an online savings account to help you reach your financial goals. You can earn a competitive annual percentage yield (APY) with no minimum balance requirement and no monthly maintenance fee. Growing your money is even easier when you... -
5 Ways To Insure Excess Deposits
The Federal Deposit Insurance Corporation (FDIC) insures deposits placed in savings accounts, money market accounts, checking accounts and CDs. This means as long as you bank at an insured institution, your money is protected in the event of a bank... -
American Express Savings Rates July 2024
American Express National Bank, Member FDIC, offers multiple ways to save, including a high-yield savings account and certificates of deposit (CDs). If you're interested in opening a new account to hold your extra cash, you might be wondering how American... -
State Farm CD Rates July 2024
State Farm is a one-stop shop for insuring your home, vehicles and life. But you may not know that State Farm also offers certificate of deposit (CD) accounts in partnership with U.S. Bank. The minimum deposit for standard State Farm... -
Greenlight Card Review
Giving kids a debit card can be an excellent way to help them learn the basics of money management. Research shows that teaching kids about money at an early age can help them grow into financially savvy adults—and fare better...
About
Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online. Beyond banking, her expertise covers credit and debt, student loans, investing, home buying, insurance and small business.