Published On Jul 23, 2024
A CD, or certificate of deposit, is a savings account that allows you to earn interest for a set period of time. Banking Nerd Chanelle Bessette shares how people should consider opening a CD when they have a lump sum of money that they don’t need to use for a while, and how they can can include CDs as part of their overall financial strategy.
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Best CD's - https://www.nerdwallet.com/l/banking-...
Chapters:
0:00 - Intro
0:31 - How CD's Work
1:45 - Difference Between CD's and Savings Accounts
2:44 - Best Uses for CD's
3:29 - CD Ladder Strategy Explained
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4 Things You Need To Know About CDs | NerdWallet
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