Before opening CD accounts are you shopping around to find the best CD rates available? It is important to properly research your investment and to know that you are buying the best investment that will provide you with generous returns. CD Laddering As you create an effective CD account strategy you need to focus on the CD rates. One investment strategy commonly used with CD accounts is known as CD laddering. With CD laddering you will have the returns on the CDs at different times. Careful … [Read more...]
Investing Money While In College
The average college graduate will end up with about $19,000 in debt. This debt usually comes from student loans but it can also come from credit cards and poor money management. It is important to manage your money wisely in college so you do not live paycheck to paycheck once you graduate. In some cases student loans are necessary and it is likely that you will plan on having $150,000 in debt when you graduate with a doctorate or another post-graduate degree. Good financial advisors will be … [Read more...]
High Yield Max Checking Account with Lake Michigan Credit Union
Checking accounts aren't traditionally the accounts that provide the highest interest rates on your money, but the checking account from Lake Michigan Credit Union is breaking out of the mold. This high yield checking account is currently offering 4.00% APY on money deposited in the account.Background InformationWhen it comes to investing your money, you like to know who you are actually investing your money with. Lake Michigan Credit Union is the largest credit union in West Michigan. They … [Read more...]
UFB Direct Airline Rewards Savings Account
One of the best ways to protect yourself financially is by opening a savings account. A savings account is a great way to set aside money for a rainy day fund along with the ability to earn money just by placing it in an account. High yield savings accounts will provide you with higher interest rates from a traditional savings account. The UFB Direct Airline Rewards Savings Account is one of the few savings accounts out there that is providing customers with a 1.30% APY. Not only do you have the … [Read more...]
Smart Ways to Save Money
How much money are you setting aside into your savings account? If you are not saving money, you could be leaving yourself vulnerable in the event of a large financial problem such as a job loss or medical expenses. Saving at least 10% of each paycheck is a great start to help you start focusing on saving money and building a large emergency cash reserve. Most banks will offer a free savings account when you open a checking account with them but the interest rate on the savings may be very low. … [Read more...]
