Why Save Money in a Low Interest Rate Environment?
Prairie Eco-Thrifter
MAY 26, 2016
Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. To me, money in a CD or savings account has always been for specific shorter term goals.
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