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I thought I’d open a CD to save up my down payment, but after doing my research I chose an Ally high-yield savings account to earn 20 times more...
They weren't sure when they'd need the money and they wanted to keep contributing, so they chose a flexible Ally high-yield savings account over a CD.
You don't need a specific goal to save money for, says a financial planner. Put any extra cash in a brokerage account — you'll thank yourself later.
A CD, or certificate of deposit, is an FDIC-insured savings instrument that provides a safe, secure option to store savings you need in the future.
Wealth manager Megan Gorman recommends Gen Xers who are falling behind save in a retirement plan and contribute to a health savings account.
I’m a former bank manager. Here’s where I told my sister to put her savings in order to earn up to 200 times more.
They put her emergency fund in high-yield savings at an online bank, where earns interest of 2% or more — about 200 times what she'd been earning.
To save more money, you have to cut back in the areas where you're spending the most.
Most savings advice is well-intentioned, but there's a disconnect between advisers and advisees.
The best money advice is often the simplest. Here are tips from financial planners and bestselling authors that you can't afford to ignore.
Once you know your magic retirement number, you can walk away from your 9 to 5 job as soon as your account balances hit it.
The best place to save money for a down payment keeps your cash safe but growing — up to 200 times as much as a regular savings account
In a high-yield savings account, you aren't exposing your cash to risk when you don't have the timeline to wait it out, but it's still growing.