Wednesday, September 23, 2009

Make Money, Money!

Hey girls, here is another tip that you can use TODAY!! If you are one of those brides who has to wait to save some more cash before you can start planning your wedding - this one is for you! Did you ever think about putting your money in a short term CD? There are many levels of short term ranging from months to years as well as different levels of interest rates. But, regardless of the term, in many cases, you come out with a little more money than what you put in. Some banks will also allow you to add money to that same CD so you will be able to stay on track with your saving. Also, some have deposit caps but it is definitely worth looking into. Even if there is a cap and you have saved some more money - open another CD for a shorter term. Keep the CD's SAFE by making sure the bank is FDIC insured and lock those little bank books in a safe. Plus, the best part - you can't easily touch that cash like a regular savings account. Just in case you decide you hafta to have those awesome new _______.

No comments:

Post a Comment