Dear Christine, I have the worst time saving money. My “rainy day” fund is used up every other paycheck. From a new set of tires here…to a new set of brake pads there -- I cannot keep up. Someone said that you need 5-8 months savings. I can’t even save up 5-8 days! Why is it so hard? “No Savings in Salt Lake” Dear “No Savings,” Life gets expensive and things come up all of the time; I know. There is a big trick to savings when you have a lot of expenses – saving small amounts and then … [Read more...]
Beware of Connexus Credit Union CDs
Connexus is currently offering some of the best yields available on their CDs (each requires a 10K minimum deposit): 6 month CD: 1.50% APY 12 month CD: 1.75% APY 60 month CD: 3.00% APY Unlike traditional CDs, Connexus Credit Union CDs come with additional requirements to earn the above rates: 1. You must open and maintain an Active Checking Account with Connexus Credit Union. An active checking account simply means opening any checking account and meeting certain … [Read more...]
