» CDs

Is a money market a good investment? They are safe, and they yield low interest rates when you compare them to other savings options and retirement accounts. The more you invest in a money market account, the higher interest you will be able to earn. Some companies have a higher interest rate for people that will deposit at least $50,000 or more when opening the account.

Right now money markets low interest is due to problems with the economy.  The rates have been much higher in the past and the downturn in the economy has made them a weak investment for younger investors. For those who are risk averse or who are close to retirement… » Read more

If 2008 took its toll on your investments, you may still be struggling to recover. Many people lost their jobs and have found it difficult to find a stable job or one that will be able to provide adequately for their needs. A recession really hurts many people and it can take years to recover. However with the Bush tax cuts ending in 2012, it looks like many Americans are heading to another recession because of the huge tax increase to pay in April of 2013. President Obama pitched a proposal to extend the tax cuts as many economists are predicting that the unemployment rate will increase and the country will head… » Read more

Saving money is always ideal but can sometimes be very difficult for people. The problem isn’t necessarily putting money into a savings account, it’s leaving it there! You are often tempted with vacations or buying a new computer or car. If you have a savings account for a specific goal like those things then that will be fine to take money out. But you never want a zero balance in your savings!

Get Another Job

If you don’t have a job already then that will be the beginning step in getting money to put away. Putting a percentage away each check will help you in achieving your savings or down payment goals. If… » Read more