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Banking Articles | Page 36

From get out of debt strategies to advice on improving your savings returns, we've got recommendations to help you make smarter banking decisions.

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Recent Articles

A stack of coins against a yellow background
May 17, 2024 | By Chris Neiger

Stock Market vs. 5% CD: How Much $5,000 Grew Over the Past 2 Years

The stock market trounced CDs in recent years. Read on to find out the best place to put your money and when.
A woman sitting in a sunny window seat and checking her tablet.
May 17, 2024 | By Steven Porrello

Can You Ever Have Too Many Bank Accounts?

Having multiple bank accounts has advantages, like increased FDIC insurance coverage, but also comes with risks. Learn how to open multiple accounts wisely.
A stack of coins against a yellow background
May 17, 2024 | By Ashley Maready

This Is How Much Money You Could Make With $5K in a High-Yield Savings Account

There's never been a better time to have money in the bank. Keep reading to see how much interest you can earn if you choose the right account.
A traveler wearing a backpack and walking down a small street lined with shops and restaurants in Tokyo.
May 17, 2024 | By Emma Newbery

​​Every Expat Needs These 4 Bank Account Features

You don't need to pay foreign transaction fees every time you spend abroad. See how expat-friendly banks can save you money and time when you live in another country.
A glass jar full of bills and coins
May 17, 2024 | By Ashley Maready

This Is the Only Reason I Would Ever Invest in CDs

CDs are hot, hot, hot right now -- but they're not the right savings vehicle for everyone. Learn why one writer has avoided them so far.
A red piggy bank against a yellow background
May 17, 2024 | By Chris Neiger

CD Rates Are Near 5%. Here's Why I'm Still Not Tempted to Open One

CDs pay impressive rates right now. Read on to find out why they're still not worth it for everyone.
A person sitting on the floor leaning against a couch while typing on a laptop.
May 17, 2024 | By Cole Tretheway

You Won't Get Rich by Investing in CDs. Should You Put Your Money Elsewhere?

The best CDs earn you half of what the stock market offers. Find out whether you should invest in the market instead.
A glass jar full of bills and coins
May 17, 2024 | By Brittney Myers

I Only Have $500 to Invest. Is Opening a CD Worth It?

You don't need to be rich to put your money to work. See why a CD is still worth opening even if you don't have a lot to invest.
Man sitting on sofa and using laptop at home.
May 16, 2024 | By Steven Porrello

3 Reasons to Stay Away From CDs, Even With Rates at 5.60%

Certificates of deposit might be a lucrative investment, but they're not right for everyone. Keep reading to learn when a CD is the wrong money move for you.
An older adult sitting crosslegged on the couch while typing on a laptop.
May 15, 2024 | By Matt Frankel, CFP®

Here's the Single Best CD Investing Strategy for Retirees

CDs can create a great combination of maximum interest and predictable income. Here's how to make them work for you.
A hand holding a rolled up wad of bills
May 15, 2024 | By Chris Neiger

3 Reasons I'm Sitting on the CD Sidelines, Despite 5% Rates

CD rates are impressive. Read on to discover why they might not be the best option for your money.
A wad of folded dollar bills
May 14, 2024 | By Dana George

Want to Buy CDs? Here's Why You Need a (Simple) Plan

Investing in a CD could not be any more straightforward. Take a look at a plan that can help you squeeze the most from your investment.
A pile of money with a seedling growing out of it
May 14, 2024 | By Margo Winton Parodi

CD Rates Are Above 5%, but I'm Still Not Investing. Here's Why

CDs have been the talk of the town, thanks to the towering rates of late. But take a look at why they may not be the right move for everyone.
Senior woman looking at laptop with frustrated expression
May 13, 2024 | By Dana George

4 Things I Don't Like About Investing in CDs

CD rates remain relatively spectacular. Read on for four qualities of certificates of deposit that one writer doesn't especially like.
A pot of change with a plant growing out of it
May 13, 2024 | By Dana George

4 Reasons You Should Never Stay Loyal to Your Bank

While some banks take money out of your pocket, others add to your bottom line. See why you may want to examine your banking relationship more closely.
Mature woman working from laptop with documents in hand.
May 13, 2024 | By Emma Newbery

​​Can CDs Help You Save For Retirement?

Today's high CD rates could boost your savings. Find out whether you should include CDs in your retirement plan.
Mature women looking at her cell phone with a laptop in front of her.
May 12, 2024 | By Ashley Maready

3 Reasons for Retirees to Invest in CDs

CDs have great perks for retired folks. Keep reading to learn why they're worth considering if you're no longer working.
A calculator, pad, and pen against a yellow background
May 12, 2024 | By Brittney Myers

6-Month vs. 12-Month CD: Where to Put $1,000 Right Now

CDs can help your money grow, but you need to choose the right term length. This is how to figure out the right fit.
Man uses laptop while another person sits behind him on the couch.
May 12, 2024 | By Emma Newbery

3 Banking Habits of Millionaires

You don't need to get lucky with the lottery to become a millionaire. With time and careful spending, many of us can build wealth. Find out how these banking practices could help.
People on a bus, with several using their cell phones.
May 11, 2024 | By Steven Porrello

No Way Am I Opening This 12-Month CD, Even Though Its Rate Is 5.92%

This flex CD has a high interest rate, but read the fine print carefully. Learn why this writer isn't opening a 12-month CD with a 5.92% APY.
A red piggy bank against a yellow background
May 11, 2024 | By Brittney Myers

The Big Reason I Don't Have a CD Despite 5% APYs

CD rates are higher than they've been in years. Check out why one writer still doesn't have one.
An older man and woman sitting at their dining table and looking through paper bills with a laptop open in front of them.
May 11, 2024 | By Ashley Maready

Should You Have CDs in Your Retirement Portfolio?

CDs are getting a lot of buzz these days, and if retirement is looming, you might wonder if they're worth checking out. Find out here.
A red piggy bank against a yellow background
May 11, 2024 | By Lyle Daly

3 Perks of Opening a CD Now, Besides Getting a Rate Above 5%

CDs are known for their high interest rates, but that's not all they have to offer. Discover a few more valuable perks of putting your money in a CD.
An older couple laughing while riding a moped.
May 10, 2024 | By Ashley Maready

How Much Money Do Retirees Need in Their Savings Accounts?

Once you've exited the workforce, short-term financial planning becomes even more crucial. Read on to learn about how much cash you should keep.
A glass jar full of bills and coins
May 10, 2024 | By Kailey Hagen

Forget Checking Accounts That Pay Interest: Earn Up to $360 a Year by Putting Money Here Instead

Interest-bearing checking accounts may not provide the rewards you were hoping for. Here's an alternative worth considering.