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Banking Articles

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

Recent Articles

May 16, 2024 | By Maurie Backman

I Have a $20,000 Emergency Fund. Am I All Set?

You'd think you'd be all set with $20,000 in emergency savings. But read on to see why in some cases, you may be wrong.
May 16, 2024 | By Christy Bieber

Investing in These 3 CDs Could Give You an Extra $129 By 2025

There are many 12-month CDs offering great rates right now. Check them out to see how much you could earn if you invest.
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.
May 16, 2024 | By Maurie Backman

Will CDs Still Make Sense in 2025?

Now's a great time to put money into CDs. Will that be the case next year? Read on to find out.
May 16, 2024 | By Maurie Backman

How Much Income Can Retirees Make From CDs?

CDs could put a lot of extra income in your pocket these days. Read on to learn more.
May 15, 2024 | By Ben Gran

Why Most Checking Account Bonuses Are a Better Deal Than Savings Account Bonuses

Want to open a new checking account? See why it can be worth pursuing checking bonuses over savings account bonuses.
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.
May 15, 2024 | By Ben Gran

Don't Open a 3-Year CD Until You Check Out This New Investment

Are you thinking about a 3-year CD? Before you commit your cash, consider Save Market+, a three-year investment program with the possibility of over 9% returns.
May 15, 2024 | By Maurie Backman

Don't Fall Into This Sneaky CD Trap

CDs are a great way to grow your money. But read on to see why opening a CD might also backfire on you.
May 15, 2024 | By Christy Bieber

Never Bought a CD Before? Now May Be an Especially Good Time

If you've got no experience with CDs, what are you waiting for? Read on to learn how to capitalize on today's historically high rates.
May 15, 2024 | By Ben Gran

Why You Shouldn't Rush to Invest in CDs Now

Trying to decide between a CD and a savings account? Based on the latest moves from the Fed, you shouldn't feel pressure to open a CD. See why.
May 15, 2024 | By Ben Gran

This New Investment Option Could Be a CD Killer

Does the fixed APY on the best CDs feel uninspiring to you? Here's what you need to know about Save, a fintech that offers higher returns on your savings.
May 15, 2024 | By Christy Bieber

Should You Cash In Your CD to Avoid Credit Card Debt?

If you're facing an expense you have to put on a credit card, does it make sense to break your CD term early to cover it? Find out here.
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.
May 14, 2024 | By Christy Bieber

This Is How Much Money You Could Make if You Invested $2,500 in a CD Today

You have a lot of great options for high-paying CDs today. Read on to learn how much $2,500 in one could net you over time.
May 14, 2024 | By Maurie Backman

Can Severance Take the Place of Your Emergency Fund After a Layoff?

Some workers are eligible for severance pay when their jobs are eliminated. Read on to see why falling back on that option is pretty dangerous.
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.
May 14, 2024 | By Maurie Backman

3 Signs You Need Way More Than a 3-Month Emergency Fund

You'll often hear that three months of savings is the minimum amount to aim for. Read on to see why you should be working toward a higher savings goal.
May 14, 2024 | By Christy Bieber

Suze Orman Is Right About CDs, and Dave Ramsey Is Wrong. Here's Why

Both Dave Ramsey and Suze Orman have shared their opinions about CDs, but Orman's stance makes a lot more sense. Read on to learn why.
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.
May 14, 2024 | By Maurie Backman

Here's the Single Best CD Investing Strategy for Seniors

CDs could make a lot of sense for those approaching retirement. But read on to see how to set yours up.
May 14, 2024 | By Maurie Backman

Didn't Increase Your Savings in 2023? Here's How to Do Better in 2024

It's a good time to be putting money into savings. Read on for ways to free up cash for that purpose.
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.
May 13, 2024 | By Maurie Backman

Americans Earned $315 Billion on Their Savings in 2023. Here's How to Get the Highest Interest Rate Possible

Want to earn more on your money this year? Read on to see how.
May 13, 2024 | By Devon Delfino

CDs: The Most Misunderstood Investment Tool for Young Investors

Certificates of deposit provide an opportunity for serious growth. Read on to learn how younger investors can best take advantage of these tools.