Liz Hund

2 months ago | bankrate.com | Liz Hund |Cindy Perman |Emmanuel Nyame |Karen Bennett

Recessions are economically challenging times with a lot of uncertainty. A recession could lead to a reduction in your income or even job loss. Strategies to build your savings during a recession may involve adjusting your savings goals and cutting expenses, while paying down loans and avoiding additional debt. Getting into the habit of saving money takes discipline and can be challenging even during non-recessionary times. What is a recession and how does it affect your savings?

Nov 8, 2024 | fox8live.com | Libby Wells |Liz Hund

Key Takeaways High-yield savings and money market accounts may offer higher returns with more accessibility. CDs may offer higher rates but require keeping your money locked up in a bank for a set term unless you pay early withdrawal penalties. Treasury bills are low-risk, but buying and selling them entails maintaining a brokerage account or an online account at TreasuryDirect. Short-term bonds are low-risk, but some of these instruments can be less liquid than other options.

Nov 8, 2024 | fox19.com | Libby Wells |Liz Hund

Key Takeaways High-yield savings and money market accounts may offer higher returns with more accessibility. CDs may offer higher rates but require keeping your money locked up in a bank for a set term unless you pay early withdrawal penalties. Treasury bills are low-risk, but buying and selling them entails maintaining a brokerage account or an online account at TreasuryDirect. Short-term bonds are low-risk, but some of these instruments can be less liquid than other options.

Nov 8, 2024 | 13abc.com | Libby Wells |Liz Hund

Key Takeaways High-yield savings and money market accounts may offer higher returns with more accessibility. CDs may offer higher rates but require keeping your money locked up in a bank for a set term unless you pay early withdrawal penalties. Treasury bills are low-risk, but buying and selling them entails maintaining a brokerage account or an online account at TreasuryDirect. Short-term bonds are low-risk, but some of these instruments can be less liquid than other options.

Nov 8, 2024 | azfamily.com | Libby Wells |Liz Hund

Key Takeaways High-yield savings and money market accounts may offer higher returns with more accessibility. CDs may offer higher rates but require keeping your money locked up in a bank for a set term unless you pay early withdrawal penalties. Treasury bills are low-risk, but buying and selling them entails maintaining a brokerage account or an online account at TreasuryDirect. Short-term bonds are low-risk, but some of these instruments can be less liquid than other options.