As featured in The Wall Street Journal, Money Magazine, and more!

Parking for Cash Only

by Flexo on September 14, 2005

in Saving

CNN evaluates options for short-term cash savings, including savings accounts, money market accounts, and certificates of deposit. It’s a useful article for weighing the benefits and drawbacks of each type of account in order to find the right match for your situation.

The article offers a chart of average interest rates offered across the country, but if you’re willing to do your banking online (which you should be by now), the latest high interest rates for savings and checking accounts are here. Why should your money sit an account earning less than inflation when you can earn (slightly) more and still be liquid?

VN:F [1.7.5_995]
Rating: 0.0/5 (0 votes cast)


About the Author

Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

If you enjoyed this article, get the free RSS feed or get daily emails.

Join the free Consumerism Commentary newsletter. Enter your email address here to receive weekly emails with behind-the-scenes information, exclusive giveaways, and money tips.



Related Entries on Consumerism Commentary

Comments on this entry are closed.

Previous post: Major Problem With Google Blog Search

Next post: Can a 25-Year-Old Retire At 50?