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Watch Out for Penalties for Cashing a CD Out Early

The biggest risks with certificates of deposit is inflation and interest rate risk. Inflation risk is the risk that the interest you earn won't overcome the loss in purchasing power because of rising inflation.

Save Money When Banking - Reduce Bank Fees

When it comes to saving money, you probably focus on things that you can directly cut out of your budget. Whether discretionary expenses, eating out, or other expenses, you typically can clearly cut these from your monthly spending. But what you may not realize is the impact that small bank fees can have on your budget.

5 Tips to Cut Spending Leaks

Sometimes it is the little things that add up. Stopping the little spending leaks in your life may amount to significant savings over time.

5 Ways to Save on Gas

Make no bones about it, gasoline is expensive and it isn’t getting any cheaper. You don’t need to switch to public transportation to cut costs at the pump. There are a few basic things you can do that could considerably save money on gas.

5 Money Saving Tips for Summer

You can save money throughout the year, but the warm temperatures of summer provide a few additional tips that can help you save even more money. Here are some things to try during those warm months.

The Difference Between APR and APY

Both APR (annual percentage rate) and APY (annual percentage yield) are commonly used to reflect the interest rate paid on something, but what is the difference between the two? Understanding the difference will help you understand exactly how hard your money is working for you.

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