Savings Corner

APRIL 4, 2024

That may be fine if your goal is to preserve capital and maintain a steady flow of interest income. Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals. You’ll want to avoid being locked into below-market CDs for too long.

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Prairie Eco-Thrifter

MAY 26, 2016

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

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Savings Corner

DECEMBER 27, 2023

The term “investing” may conjure images of the frenetic New York Stock Exchange, or perhaps you think it’s something only meant for those wealthier, older or further along in their careers than you. In the video below, learn more about how investing harnesses the power of compound interest, and differs from saving.

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Savings Corner

DECEMBER 25, 2023

While legally that’s true, in practice passive income may take other forms. In practice, you may do some or all of the work upfront, but passive income often involves some additional labor along the way, too. Non-dividend-paying stocks or assets like cryptocurrencies may be exciting, but they won’t earn you passive income.

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