Search results
Results from the WOW.Com Content Network
For example, Money Smart for Young Adults focuses on saving, debt, and homeownership, along with a series of Money Smart Parent/ Caregiver Guides. Their curriculum focuses on building financial capability and protecting deposits for consumers. [5]
You deposit a lump sum of money for a set CD term length, like 7 months or a year. Your money earns interest at a rate that’s typically higher than your regular savings accounts but slightly ...
Previously, in 2001, a financial education curriculum called Money Smart was launched by the FDIC to help the financially unsavvy. [9] Economist Lisa Servon comments that lack of financial education as a reason for using services other than banks is often an inaccurate stereotype. [1]
3 smart strategies to rely on after a Fed rate cut. You have a fresh set of opportunities after the Fed cuts its benchmark rate. Here are some of my favorite money moves to make when rates go down. 1.
Certificates of deposit (CDs) are savings products offered by banks and credit unions at rates that can outearn high-yield savings accounts in exchange for leaving your money untouched for a ...
The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. [ 8 ] : 15 The FDIC was created by the Banking Act of 1933 , enacted during the Great Depression to restore trust in the American banking system.
3. Create a simple CD ladder. A certificate of deposit is a type of deposit account that can earn significant interest. Each CD comes with a term that's like an expiration date.By pledging to the ...
Here are four smart money moves you can make today. 1. Know Your Credit Score (or How to Get One) ... Apply for a secured credit card in your name — you’ll need to put a cash deposit down, ...