Money Minute: Why laddering certificates of deposit may be a great savings strategy for you

You’ve certainly noticed that interest rates have ticked up, but you may not have noticed that certificates of deposit rates have ticked up.

To escape market risk, it may be a good idea to consider buying and laddering your CDs.

Learn more in the video report above.

More reading on this

TheDollarStretcher.com: A Good Reason To Put Your Emergency Fund Into CDs

From Investopedia:

• Understanding certificates of deposit (CDs)
• CD Ladder: How to make one, benefits, FAQ
• How many CDs can I have?
• How to invest with CDs

General financial resources

These are the general financial literacy websites I most highly recommend:

• TheDollarStretcher.com
• Investopedia.com
• USGS.gov (United States Geological Survey)
• LetsMakeAPlan.org

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