September 7, 2007, Newsletter Issue #205: Better CD interest rates

Tip of the Week

Consider the fact that banks pay more interest on your CDs (Certificate of Deposits) for longer time-limits. If you will not need your money readily available, you might want to extend a 6-month CD to 1-year (or 1-year to 2-year), earning a better rate of interest. Always be alert to the renewal date of a CD and interest being earned.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Senior Tip Site? Request a Tip Now!


Guru Spotlight
Sheri Ann Richerson