Rapidcreek@lemmy.world to politics @lemmy.world · 10 months agoFed keeps interest rates at 23-year highwww.npr.orgexternal-linkmessage-square7fedilinkarrow-up12arrow-down10
arrow-up12arrow-down1external-linkFed keeps interest rates at 23-year highwww.npr.orgRapidcreek@lemmy.world to politics @lemmy.world · 10 months agomessage-square7fedilink
minus-squareRapidcreek@lemmy.worldOPlinkfedilinkarrow-up0·10 months agoBad news for those seeking to purchase/sell homes Good news for rolling over cds
minus-squareSerinus@lemmy.worldlinkfedilinkarrow-up0·edit-210 months agoIf you’re not getting 4% on your savings account, you should be switching banks. That’s $40/year for every thousand you keep in the account, $200/year for $5000.
minus-squaremriormro@lemmy.worldlinkfedilinkarrow-up1·10 months agoThese sorts of comments are always kind of funny to me cause they strike me as somewhat out of touch. Nearly half of all Americans don’t have savings of more than $500.
minus-squareAuroraZzz@lemmy.worldlinkfedilinkarrow-up0·10 months agoBut they could if more of them put their money into CDs
minus-squaremriormro@lemmy.worldlinkfedilinkarrow-up1·10 months agoThey mostly don’t have any money left over to put into a CD…
Bad news for those seeking to purchase/sell homes
Good news for rolling over cds
If you’re not getting 4% on your savings account, you should be switching banks.
That’s $40/year for every thousand you keep in the account, $200/year for $5000.
These sorts of comments are always kind of funny to me cause they strike me as somewhat out of touch. Nearly half of all Americans don’t have savings of more than $500.
But they could if more of them put their money into CDs
They mostly don’t have any money left over to put into a CD…