Personal finance can compass a wide range of topics, but it boils down to how you want to save and invest your money. Investing in a certificate of deposit might be right if you’re not the risky ...

Enter the CD ladder — a strategy that lets you capture today's higher rates while maintaining regular access to your money. To build a CD ladder, you spread your deposit across multiple terms ...

A CD barbell is a strategy that uses a short-term (less than one year) and long-term (one year or longer) CD in tandem, like ...

A mini CD ladder consists of only short-term CDs. For example, you might open a three-month, six-month and nine-month CD, and then reinvest the money in a nine-month CD as the term for each expires.

"A CD ladder can be a useful strategy to help people grow their savings while taking advantage of today's best rates," says Shana Hennigan, chief business officer at Raisin, a savings marketplace.

Like many experts, Kyle Luetters, a certified financial planner, recommends keeping three to six months of living expenses in ...

The traditional certificate of deposit (CD) is far from being the only CD product available to savers. Financial institutions offer a variety of CDs, giving savers more flexibility to manage their ...

You can build a CD ladder by opening CDs with varying maturity terms. CDs renew automatically and incur early withdrawal penalties if you take money out before maturity. Here’s how the penalty ...

Mandy is based in MD and is a proud UB and SNHU alum. If you’re planning to ladder CDs to meet long-term savings goals and want to keep them all with the same bank, consider Discover Bank.