Lindsay VanSomeren

Lindsay VanSomerenLindsay is a personal finance expert and writer based in Washington state. After graduating with two degrees in Wildlife Biology and Conservation, Lindsay found herself underemployed and $100,000 in debt.

She has since learned how to manage money wisely and uses her experience to help others make smart financial decisions. Today, her work appears on sites like Credit Karma, Magnify Money, Wisebread, Centsai, Discover, and Chime Bank.

In her spare time, Lindsay enjoys hiking, reading, homebrewing, travel hacking, and sharing her personal experience on her own blog, GoScienceFinance.com.

How to Get Pre-Approved for a Mortgage and When to Start Trying

A pre-approval letter for a mortgage gives you an edge over other buyers in a competitive market. It streamlines the home buying process. It also shows what you can really afford before you sign on the dotted line.

Lindsay VanSomeren 14 Mar

Money Market vs. CD: How to Choose the Best Investment for You

If you’re saving up for a big purchase such as a dream vacation or even just a grocery-getter car, money market accounts and CDs are two great tools that’ll help you get there. But you should know the difference between these two options.

Lindsay VanSomeren 12 Mar

Do I Have to Pay Taxes on Bank Account Interest?

The amount you owe in taxes will depend on two factors: how much interest you earned and your tax bracket. We’ll break down how to find out how much you owe and how to reduce your tax bill.

Lindsay VanSomeren 07 Mar

How to Open a Bank Account Online the Easy Way: A Step-by-Step Guide

Banking has come a long way since the days of our parents. Perhaps even you have memories of the weekly hassle of standing in line at a brick-and-mortar bank waiting to conduct your business?

Lindsay VanSomeren 05 Mar

CD vs. Savings Account: Which is Right for You?

CDs and savings accounts are two of the most popular ways to save money with a bank. Both pay interest and can help you accomplish your savings goals. However, each one has specific features that make it best for different uses.

Lindsay VanSomeren 07 Feb

How to Freeze Your Credit If You Need To Stop Fraud In Its Tracks

It seems like big corporate data breaches are happening just about every day now. Learn how to freeze your credit so that potential creditors can’t look at your credit report and therefore fraudsters can’t open accounts in your name.

Lindsay VanSomeren 06 Feb

How Many Bank Accounts Should I Have? At Least These 3

One of the easiest ways to do so is to open multiple bank accounts and use them accordingly. But how many bank accounts is enough, and how many is too many? The answer depends on your individual situation.

Lindsay VanSomeren 27 Jan

Credit Union vs. Bank: How to Decide Which One is Right for You

Your first big decision when finding a place to store your money is whether to choose a credit union vs. a bank. Though similar, there are some very real differences between these two institutions that may affect your banking experience.

Lindsay VanSomeren 20 Jan

Checking vs. Savings Account: What’s the Difference? (Plus Extra Tips)

When you think about checking vs. savings accounts, they seem almost identical at first glance. Both are used to safely store your money. But when you boil it down, there are some major differences between these two types of accounts.

Lindsay VanSomeren 20 Jan

What are Savings Accounts and How Should You Use Them?

A savings account is a type of deposit account offered by banks and credit unions. They are insured up to $250,000 and limited to six withdrawals per month. To understand how savings accounts work, you first have to know how banks operate.

Lindsay VanSomeren 16 Jan