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CDs

This week’s money news

March 20, 2023 By Liz Weston

This week’s top story: Smart Money podcast on CDs and managing a life-changing windfall. In other news: How to minimize the impact to your business from a bank failure, how Silicon Valley Bank failed, and the hurdles on the road to Medicare coverage of cannabis.

Smart Money Podcast: Are CDs Worth It, and Managing a Life-Changing Windfall
This week’s episode starts with a discussion about certificates of deposit, or CDs.

Spooked by Bank Failures? Minimize the Impact to Your Business
Keep an emergency fund at a separate business bank to help insulate your company from a bank failure.

How Silicon Valley Bank Failed (and Why That Probably Won’t Happen to Your Bank)
Silicon Valley Bank failed after a series of events that aren’t likely to happen at your bank.

When Will Medicare Cover Medical Marijuana?
From regulatory to more practical issues, here are the hurdles on the road to Medicare coverage of cannabis.

Filed Under: Liz's Blog Tagged With: bank failures, CDs, certificate of deposit, emergency fund, marijuana, Medicare, Silicon Valley Bank failure

Friday’s need-to-know money news

October 16, 2020 By Liz Weston

Today’s top story: 3 strategies on how to invest in CDs. Also in the news: Using a crisis to build helpful money habits, ten theme parks celebrating Halloween, and how to sell your car safely.

How to Invest in CDs: 3 Strategies
CD ladders and CD barbells aim for higher rates over time; CD bullets focus on a future purchase.

You Can Use a Crisis to Build Helpful Money Habits
Hone your budget skills.

Is Halloween Canceled This Year? Not at These 10 Theme Parks
Disney World and other theme parks are still having spooky celebrations with some COVID-19 safety modifications.

How to Sell Your Car Safely
Protect yourself from scammers.

Filed Under: Liz's Blog Tagged With: CDs, Coronavirus, halloween, money habits, selling your car, theme parks, tips

Thursday’s need-to-know money news

October 8, 2020 By Liz Weston

Today’s top story: Hidden home risks that send insurance through the roof. Also in the news:How to buy a salvage-title vehicle, 12 items you should always buy in bulk, and why savings accounts and CDs are still worth it despite low rates.

Hidden Home Risks That Send Insurance Through the Roof
A house’s location, construction or age can dramatically increase its risks and the cost to insure it.

Too good to be true? How to buy a salvage-title vehicle
They can be a good value if you know the history of the car, but proceed with caution

12 Items You Should Always Buy in Bulk
Not everything bought in bulk provides the best value, but these items are often a deal.

Savings accounts and CDs are still worth it despite low rates
The rates may be low but stability matters.

Filed Under: Liz's Blog Tagged With: bulk buying, CDs, home costs, home risks, Insurance, interest rates, salvage title vehicles, savings account

Thursday’s need-to-know money news

October 1, 2020 By Liz Weston

Today’s top story: Sustainable investing could get a lot harder. Also in the news: Why you should file the FAFSA ASAP, why savings accounts and CDs are still worth it despite low rates, and how to find your lost 401(k).

Sustainable Investing Could Get a Lot Harder
The Labor Department wants to keep socially responsible investments out of 401(k)s and private pensions.

The FAFSA Just Opened: Why You Should Apply Now
File the FAFSA early to get a better shot at more free money and more time to appeal if you need to.

Savings Accounts and CDs Are Still Worth It Despite Low Rates
Rates will rise again.

How to Find Your Lost 401(k)
Don’t leave hard-earned money behind.

Filed Under: Liz's Blog Tagged With: 401(k), banking, CDs, FAFSA, financial aid, interest rates, savings accounts, sustainable investing

Monday’s need-to-know money news

March 16, 2020 By Liz Weston

Today’s top story: Your last chance for high CD rates is right now. Also in the news: How a credit card can help home improvement plans, how to search for scholarships without getting lost in spam, and a new episode of the SmartMoney podcast on credit scores.

Your Last Chance for High CD Rates Is Right Now
The impact of Fed rate changes.

Got Home Improvement Plans? How a Credit Card Can Help
Rewards and sign-up bonuses.

How to Search for Scholarships, Not Get Lost in Spam
Finding legit offers.

SmartMoney Podcast: ‘Why Did My Credit Scores Suddenly Drop?’
Sorting through the reasons.

Filed Under: Liz's Blog Tagged With: CDs, Credit Cards, Credit Scores, home improvement, interest rates, scholarships, SmartMoney podcast, tips

Wednesday’s need-to-know money news

July 31, 2019 By Liz Weston

Today’s top story: Regretting your Equifax settlement choice? You can change it. Also in the news: What to buy (and skip) in August, considering CDs as savings interest rates fall, and how to wean your adult child off your credit cards.

Regrets About Your Equifax Settlement Choice? You Can Change It
You might want that credit monitoring after all.

What to Buy (and Skip) in August
Let the back-to-school shopping begin.

When Savings Rates Fall, CDs Might Appeal
Interest on savings is about to take a dive.

How to Wean Your Adult Child Off Your Credit Cards
Setting an expiration date.

Filed Under: Liz's Blog Tagged With: adult children and credit cards, August shopping, banking, CDs, Equifax settlement, interest rates, Savings

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