As of January, paying your JCP&L bill via a one-time charge from a bank account now comes with a 50-cent transaction fee.

A high-yield savings account is a type of savings account that pays a better-than-average interest rate, according to Frank ...

Using savings to fund renovations avoids the extra expense of interest and accumulation of debt, and encourages sticking to a budget. But it depletes cash reserves and may mean postponing a project.