It’s very important that you remain vigilant when it comes to your finances. This is especially important in light of some of the changes that might be coming because of the Credit CARD Act. You might be surprised to know that some of the upcoming changes as a result of the new card rules actually affect debit cards.
Tag Archive: Savings account
3 Things You Should Know About 529 College Savings Plans
When it comes to saving for college, you want to make sure that you are on the right track. One way you can help your children save for college is to open a 529. I am glad of my son’s 529 plan, but I also know that in some cases, a 529 can trip you up. Just like any other investment product, there are pitfalls to try and avoid. And, of course, a 529 isn’t for everyone. Before you decide to invest in any college savings plan, make sure that you take some time to research what’s available, and that you understand some of the downsides that some investments carry.>>> [Read More]
CD Laddering: Basic Cash Savings
Cash earns a very small return as a result of its safety and liquidity. Even a high yield savings account — especially right now with the low rates — is hard pressed to beat inflation. You can earn a little more, though, if you consider CDs.
