Quick Retirement Tips from Money Pros
If you’re approaching retirement, you know big financial changes are on the horizon. While attending the 2014 Financial Blogger Conference, we asked today’s top financial bloggers to share their best tip for someone nearing retirement – in 6 seconds or less! In this year’s #6SecondFinance, check out how they finished the statement: “My best financial […]
Why Waiting for a CD to Mature Is Best.
If you are saving money with a certificate of deposit (CD) and interest rates suddenly go up, you might be tempted to move your money into a new, higher-rate CD, even if it means you'll pay a penalty. Beyond doing the math to see if such a change would work in your favor as opposed […]
Saving Money With Certificates of Deposit
Saving money with certificates of deposits (CDs) is a great idea, especially if you have cash just sitting in your checking account or elsewhere, earning little to no interest. These approaches may help you sock money away, but you miss out on the fact that CDs earn interest at a higher rate while keeping your […]
Your Child Is One of Your Best Reasons to Save
It's simply never too early or too late to start saving for your child’s future, and because the reasons to save are many, any little bit will likely help. But what is the best method of growing savings for your child? One way to save for the future is a certificate of deposit (CD). CDs […]
The Flexible Saver: Reacting to Certificate of Deposit Rates
For your typical hard-working saver, figuring out how to adapt a savings strategy to the current financial climate is something of a Catch-22. On one hand, conservative savings vehicles like certificates of deposit (CDs) tend to earn lower interest rates than riskier investments. On the other, the stock and bond markets can be volatile. Still, […]
How CDs Can Help You Reach Your Short- and Long-Term Financial Goals
Setting your own financial goals can help you focus your spending and inspire you to ramp up your savings. Many bank products are out there to help you reach your goals, and certificates of deposit (CDs) are a common favorite. CDs are time deposits. When you open a CD, you agree that you will not […]
The No Penalty Approach to Bank Rates: CD Planning
If you're the kind of person who keeps an eye on bank rates, saving with certificates of deposit (CDs) probably isn’t new to you. But some people see CDs as only a long-term saving solution, particularly because most CDs have early withdrawal penalties. It’s true that CDs with higher interest rates usually have longer terms. […]
How Interest Works on a CD Account
If you've done any research on certificates of deposit (CDs), you've probably come across a variety of interest rates for CDs. But what do these rates mean? And how can they help you make the most of your savings? The advertised bank rates for CDs tell you the Annual Percentage Yield (APY) at which your […]
The CD Calculator From Credence Global Bank UnionIs Quick and Easy
Getting the best possible result from a certificate of deposit, or CD, requires understanding exactly how your money will grow over time—a job that's made much easier simply by using a CD calculator. The CD calculator from Regional Credit Union Union is quick and easy, and you can use it to road-test all of our CD products, […]
Opening a Certificate of Deposit Online
When looking for the best certificates of deposit (CDs) for your needs, it's important to find a bank that helps you make the most of your money. These days, many people choose to open CDs with online banks. Credence Global Bank, for example, is an online bank dedicated to providing great service along with great rates. […]
