Rename Your ‘Emergency Fund’ if That Suits Your Saving Style

While the term “emergency fund” is used widely in the personal finance world to refer to short-term savings, some financial experts say the term isn’t helpful for everyone — and may even be harmful. “I’ve never liked the term,” says Pamela Capalad, certified financial...

What Impacts Bank Account Rates Mid-2024?

The investing information provided on this page is for educational purposes only.  Rates on savings accounts and certificates of deposit remain higher than they’ve been for most of the past decade. But what exactly impacts the interest rate of your bank account? Let’s...

6 Do’s and Don’ts When Using CDs for Retirement

The investing information provided on this page is for educational purposes only.  Certificates of deposit work as a short-term savings vehicle for goals such as upcoming home or car purchases. If you’re near or in retirement, you might wonder if CDs fit there too....

Graduating With Student Loans? Prepare for Your Financial Future

College graduation season is underway, and nearly 3.2 million students are slated to pick up their associate or bachelor’s degree diplomas this spring, according to the National Center for Education Statistics. When the cap tosses and festivities wrap up, it’ll be...

Why Finance Cons Target Older Adults, and How to Protect Yourself

While financial fraud can happen to anyone, older adults face unique challenges when it comes to scams, which are increasingly common among that age group. Losses due to scams targeting those age 60 or older ballooned to $3.4 billion last year, an increase of 11% over...