Life insurance is one of the best investment decisions you can make. Life insurance will provide compensation to your loved ones in the event of your death, allowing them to be financially taken care of. Using a irrevocable life insurance trust is a great way to leave behind benefits to your loved ones but it does so in a different manner from life insurance. A legal trust will end up holding more than one property and other investments and the trustee will be responsible for dispensing the … [Read more...]
High Yield CD Account from CNB Bank Direct
A great way to grow interest money on some extra cash you have is to place this money into a high yield CD account. CNB Bank Direct is currently offering 1.00% APY on a 12 month CD. This is an enticing offer to many investors that are looking for ways to grow some money in their rainy-day accounts. The high yield CD account from CNB Bank Direct is one of many different accounts that are currently on promotional offers.Risks To High Yield CD AccountsWhen it comes to investing your money you have … [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...]
Why Choose a High-Yield Savings Account
There are numerous options available to save your money but out of all the options the thing that will impact how much you can earn is the interest rate. Selecting a high-yield savings account is one of the best ways to save up for a rainy day and to also focus on earning more money than you can with a traditional savings account. Traditional Savings Account When you open a savings account with a traditional bank you are often stuck with a very small interest rate. The average interest rate … [Read more...]