How to Earn More Interest on Your Savings In 2025
In the current climate of rock-bottom interest rates, is there a way for you to find a higher return on your savings? You may be pleasantly surprised by some of these options.
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What falling interest rates could mean for your CD ladder strategy
In recent years, certificates of deposit (CDs) have offered a rare advantage. That advantage may be coming to an end, requiring a change in approach. A CD ladder strategy may be the answer. Since early 2023, 1-year CD rates have been higher than 5-year CD rates. Usually, long-term CD rates are higher than short-term CD… Continue reading What falling interest rates could mean for your CD ladder strategy
Should you open an IRA with your bank?
Saving for retirement is crucial for Americans who want to plan for their golden years. Fortunately, there are various tools you can use to plan for life after work, with individual retirement accounts (IRAs) being among the most popular. There are several types of IRAs, each with its own features and benefits, such as Traditional,… Continue reading Should you open an IRA with your bank?
Financial Independence, Retire Early (FIRE): How to save more money for early retirement
Some people were born to work, and they’d be lost without the daily drive to achieve. Others enviously eye retirement and the freedom that comes from uncoupling from the constant stresses of work. People assume that only high earners or those with unique financial advantages can pursue the Financial Independence, Retire Early movement (FIRE), but… Continue reading Financial Independence, Retire Early (FIRE): How to save more money for early retirement
Beyond payments: How Cash App can manage your money
Cash App has become one of the most popular payment apps on the market and is widely recognized as one of the leading money transfer apps for sending, receiving, and managing funds quickly and securely among digital money transfer apps. It makes it easy (and free) to send and receive money, save and invest, and… Continue reading Beyond payments: How Cash App can manage your money
What is a my529 college savings plan?
The Utah Educational Savings Plan (UESP), also known as my529, is a 27-year old nonprofit 529 educational savings plan. The state of Utah started this program in 1996 as its official and only 529 plan. It helps families save money for future qualified higher education expenses while offering valuable tax advantages. My529 is a direct-sold… Continue reading What is a my529 college savings plan?
How much is a $100 savings bond worth after 30 years?
How savings bonds work over time Understanding how savings bonds work over time can help you maximize your investment. Savings bonds are a form of government debt and are considered Treasury securities. Savings bonds are government-backed securities that help fund federal activities, are part of the U.S. savings program, and give citizens guaranteed returns. Types… Continue reading How much is a $100 savings bond worth after 30 years?
How to cash in savings bonds: A step-by-step guide
Step 1: Identify your bond type and status You need to know exactly what type of bonds you have and their current status before cashing in your savings bonds. The bond serial number is essential for identification and is required when using online calculators to determine your bond’s value. This step will give a clear… Continue reading How to cash in savings bonds: A step-by-step guide
Traditional savings accounts explained: Your guide to smart savings
What is a traditional savings account? A traditional savings account stands among the most common and straightforward financial tools that banks and credit unions offer. Unlike checking accounts designed for frequent transactions, traditional savings accounts help you set aside money and earn interest on your balance. Basic definition and purpose Traditional savings accounts give you… Continue reading Traditional savings accounts explained: Your guide to smart savings
Does Net Worth Matter? Understanding Its Impact on Your Finances
Your bank account balance is just one part of your financial health. Net worth is a better indicator of where you stand financially. Whether you’re a young professional, nearing retirement, or anywhere in between, understanding it can help you meet your short and long-term financial goals. Net worth explains how much money or assets you… Continue reading Does Net Worth Matter? Understanding Its Impact on Your Finances