In today’s very low interest rate environment no one should be satisfied with receiving .25% (or less) on their savings. For emergency funds and other forms of savings a CD Ladder may be the best way to both get a higher interest rate, as well as maintain the flexibility to use this money if needed.
CD Laddering simply means buying a number of CDs with different maturity dates. By purchasing shorter and longer term CDs, you spread out the interest rate risk. You don’t earn as much as you would by locking in for the long-term, but you are able to... Articles Tagged ‘cd laddering’
Using A CD Ladder for Your Emergency Money
In today’s very low interest rate environment no one should be satisfied with receiving .25% (or less) on their savings. For emergency funds and other forms of savings a CD Ladder may be the best way to both get a higher interest rate, as well as maintain the flexibility to use this money if needed.
CD Laddering simply means buying a number of CDs with different maturity dates. By purchasing shorter and longer term CDs, you spread out the interest rate risk. You don’t earn as much as you would by locking in for the long-term, but you are able to...
Thursday, June 24th, 2010
In today’s very low interest rate environment no one should be satisfied with receiving .25% (or less) on their savings. For emergency funds and other forms of savings a CD Ladder may be the best way to both get a higher interest rate, as well as maintain the flexibility to use this money if needed.
CD Laddering simply means buying a number of CDs with different maturity dates. By purchasing shorter and longer term CDs, you spread out the interest rate risk. You don’t earn as much as you would by locking in for the long-term, but you are able to... Saving Money Around the House
Most of us live on a budget which requires some sacrifices. Here are some top tips for saving money around the house.
Ten Electricity Saving Tips:
1. Shut living room lights when watching TV, as well as kitchen lights in the evening hours. Use aromatherapy candles instead.
2. You can save money by using the correct light bulb wattage in your home for lamps and other fixtures.
3. Buy appliances that have the Energy Star label.
4. When using the air conditioning, set the AC on Power Saver to conserve energy. Ensure the air filters are cleaned regularly....
Monday, December 22nd, 2008
Most of us live on a budget which requires some sacrifices. Here are some top tips for saving money around the house.
Ten Electricity Saving Tips:
1. Shut living room lights when watching TV, as well as kitchen lights in the evening hours. Use aromatherapy candles instead.
2. You can save money by using the correct light bulb wattage in your home for lamps and other fixtures.
3. Buy appliances that have the Energy Star label.
4. When using the air conditioning, set the AC on Power Saver to conserve energy. Ensure the air filters are cleaned regularly.... 
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