Using CDs for Your Savings
You’ve collected a hefty sum of money in your savings account, but what should you do with it? Rather than investing it in a high-risk account or letting it lose value by stagnating, you can use it to buy a CD.
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You’ve collected a hefty sum of money in your savings account, but what should you do with it? Rather than investing it in a high-risk account or letting it lose value by stagnating, you can use it to buy a CD.
Are you sick and tired of having debt hanging over your head — yet you can’t seem to get rid of it? You may be making one or many of these common mistakes as you attempt to repay your loans and become debt-free. Any of these missteps will actually impair your ability to eliminate that mountain of debt — whether that’s credit card debt, student loan debt, automotive loan debt, medical debt, or unpaid bills.
Your 401(k) can be an excellent tool for ensuring financial security in your golden years. But aside from setting up your contributions, you may feel like you don’t have much influence over your 401(k) retirement savings. That doesn’t have to be the case — here are some strategies to help you get the most out of this helpful investment vehicle.
It’s wise to keep a close eye on your checking account activity whether you just opened it or have been using the same one for decades. Thanks to digital technology, it’s now easier than ever to get immediate information on your account status. Here are some ways you can view and track your checking account activity.
Your financial institution is one of the safest places to store your hard-earned cash. The best part? All you have to do is open an account.
There are two organizations, both backed by the United States government, that insure your money at participating institutions. The FDIC (Federal Deposit Insurance Corporation) provides coverage for banks and the NCUA (National Credit Union Administration) does the same for credit unions. These organizations both function as safety nets for your deposits.
There is a balance between just enough and too much when it comes to money in your savings account. Even though saving as much as you can while still fulfilling your bills and enjoying life is a respectable goal, a savings account doesn’t often yield the highest return. If you’re wondering if you’re putting enough or too much into your savings account, here is a quick guide to help you better manage your money.
The approaching tax deadline puts pressure on many Americans to file and submit a return on time. Sometimes, that rush can lead to mistakes. Other times, a mistake may occur without you even knowing it for some time after, like an employer making a typo on a W-2. Whatever the case may be, a mistake on your taxes likely means you’ll need to file an amended return. Fortunately, that’s not terribly difficult to do.
If you’re on the fence, so to speak, about selling your home, you may be swayed to hand over the keys by certain favorable circumstances. If you’re ready to sell, but want confirmation that it’s a good decision, the following factors can bolster your resolve to move on from your current residence.
If you plan to prepare your own federal tax return this year, you’ll have two options for sending it to the IRS: electronic filing or mail. To help you decide which of these tax-filing choices is right for your needs, let’s take a closer look at the key advantages to consider for each one.