Marcos Cabello, J.D.

Former Writer, Banking

5

Years of Experience

EXPERTISE

Economic policy
Consumer banking
Savings accounts
Public policy
Federal Reserve news

EDUCATION

Juris Doctor, Boston University
Bachelor of Science and Bachelor of Arts, Criminology and Philosophy. Minor in Psychology, Florida State University

Saving money in today’s economy isn’t easy — especially if you’re just starting out. But with a plan, a strong savings account and steady contributions, you can start building your nest egg little by little.
— Marcos Cabello, J.D.

Marcos Cabello is a former financial journalist with five years of experience translating complex money matters into clear, actionable insights for readers. His reporting has been featured on CNET, NextAdvisor, and the Academic Times, where he has covered the full spectrum of personal finance topics—from insurance and investing to emerging trends like cryptocurrency. Marcos has developed a strong track record for explaining Federal Reserve policy decisions and their real-world impact in ways that empower individuals to make informed choices.

Before joining Bankrate, Marcos attended law school, where he honed his analytical skills before returning to his first passion: storytelling. His work blends legal precision with an accessible writing style, helping readers navigate financial decisions with confidence.

When he’s not behind the keyboard, Marcos can often be found playing video games, practicing magic tricks, publishing videos on TikTok and Instagram or diving into creative writing projects.

Marcos beyond Bankrate

As the Cost of Food Goes Up, Community Fridges and Food Banks Step In

How Video Games Instill Financial Literacy

Here’s how you can earn thousands by moving to a new town

How 2 Families Are Navigating Financial Uncertainty

Saving money in today’s economy isn’t easy — especially if you’re just starting out. But with a plan, a strong savings account and steady contributions, you can start building your nest egg little by little.
— Marcos Cabello, J.D.

Marcos's Picks

A friendly female customer service representative

4 MIN READ

The 10 largest credit unions in the US

These are the 10 largest credit unions in the United States based on assets.

Two coworkers sharing an interaction in a nice office building

3 MIN READ

How to join a credit union: Here’s what to do to become a member

Here’s what you need to do to become a credit union member.

Marcos's latest articles

High-yield savings rates today: April 28, 2025 | APYs are expected to stay elevated

Bankrate recaps the week in savings accounts and analyzes where rates are headed.

5 min read Apr 28, 2025
Tariffs could cost the average American household $3,800 per year. Here’s how to save for it

Tariffs could cost households $3,800 in 2025. Discover smart budgeting strategies to offset rising prices on consumer goods.

6 min read Apr 17, 2025
Study: The easiest and hardest states to save money in 2025

Saving money in the Midwest and South is easier than in the West and Northeast.

13 min read Apr 13, 2025
Savings APYs are still high. Here’s how you can take advantage

As the old saying goes: What goes up, must come down. But in the case of annual percentage yields (APYs), we might have a bit more air time. While APYs on deposit accounts may have come down from their [...]

3 min read Mar 14, 2025
How I’m Saving $24,000 By Moving from Boston to Washington, D.C.

After facing a rent increase, I’m moving to Washington, D.C. to save $24,000 over two years.

4 min read Mar 13, 2025
What is a variable APY? Why it’s important to check your yield

Learn why you need to check your APY.

4 min read Feb 20, 2025
Here are the benefits of opening a CD right now following the latest Fed meeting

Know the two major benefits of opening a CD now, even as interest rates decline.

3 min read Jan 29, 2025
What happens when a bank is liquidated?

Watch for these money headaches if your bank fails and no other bank takes over.

3 min read Jan 29, 2025