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CD laddering is a popular savings strategy in which savers spread their CD investments across CDs with different maturities. For example, instead of opening a $5,000 5-year CD, you may decide to open five different CDs, like a 1-, 2-, 3-, 4- and 5-year CD, each with a $1,000 deposit. As each account matures over time, you have options: You …

With news that inflation ticked up again last month, relief for borrowers again looks to be delayed. While hope for interest rate cuts was high at the start of 2024, disappointing inflation news has seemingly pushed those reductions off to an unknown time in the future. But while borrowers will need to contend with higher rates on mortgages, personal loans …

With the federal funds rate paused at a 23-year high, borrowing costs are up. And, since rates are high on credit cards, you may have seen theinterest charges on your credit cardballoon recently. If higher credit card payments are impacting your budget, credit card debt forgiveness could make sense. These services typically negotiate with your credit card companies to settle …