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Month: May 2023

Where Should Your Savings Be Right Now? Somewhere You Can Earn at Least 5%

The Federal Reserve took a “wait-and-see” technique to its benchmark rates of interest Wednesday, declining to either raise or lower it– here’s what that means for high-yield savings accounts. By leaving the federal funds rate at its current variety of…

How to Start Planning a Home Renovation

Whether you’re updating a basement, a restroom, or your whole house, the house restoration procedure involves a quite big bell curve. At the beginning, you’re bursting with excitement and inspiration about the improvement– and by the time the renovation is…

The Fed Paused Rate Hikes: Here’s What It Means for Money Market Accounts

The rate-hike time out means that yields for money market accounts (MMAs) will likely hold consistent at the highest rates we’ve seen because 2007. The top MMA rate today is 5.25%. How Fed Rate Decisions Affect MMA Rates For the…