Hello My Cheap Cheetah Family.
So, how's 2024 treating you so far. Most importantly how is your money treating you in the new year. Here's what I have been doing looking at bank rates on certificates of deposits. Right now my bank is offer 5.5% on their cd rates. Which is pretty good compared to 0.07% that you would get on a checking or saving account. At least with a cd account you can make a little bit of money on your money. To open an account in some banks it's only $100 and in others like mind is $500. I know that interest on $500 is not much but it beats what the stock market is giving you which that interest goes up and down too much for me.
So now I am scouting for better Cd rates and trying to scrape the $500 dollars together to put into one that will offer me a bit extra for doing so. I know your saying cd rates sucks. But what the heck it beats buying lotto tickets and losing all the time. That's another story for another day. I rather get a little bit then none at all. And yes, you have to pay tazes on the interest but if you have a lot of deductions or you don't make any money like me then your good, I think. Well, that's one of my cheap cheetah ways to make some money see who paying good interest and open an account at that bank.
Have a great Cheap Cheetah day & Save That Money!
