What to Look for in an Internet Bank

The following is an excerpt from You're So Money: Live Rich Even When You're Not, a practical personal-finance guide by Farnoosh Torabi, a senior correspondent for TheStreet.com. The book is aimed at young adults who want to live beyond their means, but spend within them. This excerpt explores the best way to choose an Internet bank.

Picking an Internet Bank

I already feel guilty for using the word homework. I see that word all the time in financial how-to books, without any practical, qualifying instructions. Closed-end messages like "Avoid cyber theft: Do your homework," or "Avoid bankruptcy: Do your homework."

Thanks, but what is in the lesson plan, exactly? ...