As tax season rolls in, many people are looking forward to receiving a refund check. You might already have an idea of how you plan to spend it. But, while it can be fun to treat yourself, you also don’t want to lose sight of the many ways these funds can benefit you.
Accounts
You’ve probably come across the term “compound interest” when considering savings and investment options. But what exactly is compound interest, and how does it impact your wealth-building strategy?
‘Tis the season for festive lights, joyful gatherings, and the tempting allure of Black Friday deals just waiting to be seized! As we approach the whirlwind of holiday shopping, take the opportunity now to craft a budget that not only preserves the magic of the season but also safeguards your financial well-being.
Rising loan rates and inflation have taken a financial toll on households nationwide. Fortunately, it’s not all bad news. You may have noticed that savings rates have also been climbing steadily in recent months. This scenario creates the perfect opportunity to earn greater returns through certificates.
After a year of surging prices, members are still grappling with the effects of rising inflation. Add in the rocky performance of Wall Street, and people are looking for a silver lining. One such opportunity is beginning to shine as savings rates also start to climb – it’s called a certificate of deposit (CD).