Tarra Jackson

[[{“value”:”While the stock market yo-yos and the future of interest rates remains in question, 1-year CDs are becoming an attractive safe haven for guaranteed returns.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. Right now, some banks are offering 4.00% APY or higher, which means a $10,000 deposit could earn about $400 in a single year — without taking on any risk.What you could earn from a 1-year CD right nowThe national average for 1-year CDs is just 1.75% APY, according to the FDIC. But the top CD rates available today are in the 4.00% range.Here’s a quick breakdown of how much a $10,000 deposit can earn in a 1-year CD, depending on the rate:CD APYInterest Earned (1 Year)Final Balance1.75%$175$10,1754.00%$400$10,400Data source: Author’s calculations.That makes today’s top offers around 4.00% a huge upgrade — potentially $225 more interest for simply picking a better bank.Ready to earn more on your savings? Compare today’s best 1-year CD rates here and lock in a top-tier APY.Is a 1-year CD right for you?A 1-year CD is a nice middle ground between short-term flexibility and long-term returns. You won’t be locked in for multiple years, but you’ll still earn a solid rate without any volatility or surprises.Here’s when a 1-year CD makes a lot of sense:You have cash you won’t need for the next 12 monthsYou want a fixed, guaranteed return (no market risk)You think rates might drop soon, and want to lock in while they’re still highOne thing to keep in mind: CDs typically charge a penalty for early withdrawals. So make sure you won’t need that money until the CD matures.A more flexible option: High-yield savings accountsNot sure about locking up your money for a whole year? A high-yield savings account (HYSA) gives you many of the same benefits — with more flexibility.Top HYSAs right now are also offering around 4.00% APY, and you can generally withdraw or transfer money anytime without penalty. The downside however, is that rates can change quickly, so returns are never guaranteed.If rates hold steady, you could still potentially earn $400 in interest with a $10,000 deposit.Yes, a CD can lock in that return. But the HYSA gives you freedom to move money throughout the next year. If flexibility is a priority, the HYSA might be the better bet.Want to stay liquid and still earn a high rate of interest? Compare the best high-yield savings account rates today, offering APYs up to 4.40%Put your savings to workWhether you choose a 1-year CD or a high-yield savings account, either one is a huge upgrade from letting your money sit in a low-rate account.Make the switch now to keep your savings safe — and earn the most interest while rates are still high.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.”}]] [[{“value”:”

While the stock market yo-yos and the future of interest rates remains in question, 1-year CDs are becoming an attractive safe haven for guaranteed returns.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

Right now, some banks are offering 4.00% APY or higher, which means a $10,000 deposit could earn about $400 in a single year — without taking on any risk.

What you could earn from a 1-year CD right now

The national average for 1-year CDs is just 1.75% APY, according to the FDIC. But the top CD rates available today are in the 4.00% range.

Here’s a quick breakdown of how much a $10,000 deposit can earn in a 1-year CD, depending on the rate:

That makes today’s top offers around 4.00% a huge upgrade — potentially $225 more interest for simply picking a better bank.

Ready to earn more on your savings? Compare today’s best 1-year CD rates here and lock in a top-tier APY.

Is a 1-year CD right for you?

A 1-year CD is a nice middle ground between short-term flexibility and long-term returns. You won’t be locked in for multiple years, but you’ll still earn a solid rate without any volatility or surprises.

Here’s when a 1-year CD makes a lot of sense:

• You have cash you won’t need for the next 12 months
• You want a fixed, guaranteed return (no market risk)
• You think rates might drop soon, and want to lock in while they’re still high

One thing to keep in mind: CDs typically charge a penalty for early withdrawals. So make sure you won’t need that money until the CD matures.

A more flexible option: High-yield savings accounts

Not sure about locking up your money for a whole year? A high-yield savings account (HYSA) gives you many of the same benefits — with more flexibility.

Top HYSAs right now are also offering around 4.00% APY, and you can generally withdraw or transfer money anytime without penalty. The downside however, is that rates can change quickly, so returns are never guaranteed.

If rates hold steady, you could still potentially earn $400 in interest with a $10,000 deposit.

Yes, a CD can lock in that return. But the HYSA gives you freedom to move money throughout the next year. If flexibility is a priority, the HYSA might be the better bet.

Put your savings to work

Whether you choose a 1-year CD or a high-yield savings account, either one is a huge upgrade from letting your money sit in a low-rate account.

Make the switch now to keep your savings safe — and earn the most interest while rates are still high.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”The best perks of luxury cards aren’t listed on the front page. They’re the kind of things you only find out from someone who’s been around the block.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. Most people swipe their premium card for points and call it a day. But if you know where to look, these cards unlock a whole different level of luxury.And no, you don’t need to be rich and famous to get treated like a VIP. High-end credit cards are within reach of everyday people like me and you.1. Get a massage before your flightIf you have a luxury travel card, it likely comes with Priority Pass airport lounge access. While most travelers think airport lounges just have comfy chairs and free snacks, some offer a lot more — like spa treatments!A few examples of hidden lounge perks:The Be Relax Spa (30-plus locations including LA, NYC, Dallas) offers complimentary 30-minute back massages, 10-minute facial or foot massages, or oxygen therapy for Priority Pass members.You can get a private napping room or sleep pod at Minute Suites, where the first hour is free with Priority Pass membership.Some airport lounges in major cities offer showers, many with complimentary toiletries.Pro tip: Your credit card might require a separate enrollment to activate lounge perks. Once unlocked, always check the specific lounge to see if it has the amenities you want and if it requires a reservation.Check out my hands-down favorite card for lounge access. It has the widest available network of lounges I’ve seen.2. Reserve a table at a “fully booked” restaurantThis sneaky perk could get you a table at a buzzy new restaurant — even if it’s fully booked.Certain premium cards unlock VIP foodie benefits through partners like Resy, OpenTable, or Visa Dining Collection.Here’s what these services can get you:Early access to prime reservationsInvites to exclusive tasting eventsThe ability to snag a table even when the restaurant shows “full”Even if you’re not a regular fine diner, snagging a high-end reservation is a powerful move for impressing clients, or surprising your partner for a special celebration.3. Call a professional problem-solverPremium cards often come with concierge services. Think of this perk as a personal assistant on speed dial, ready to help solve problems.Here are a few ways concierge services can assist you:Track down a lost passport or medication when you’re abroadSend flowers or gifts last-minute while you’re travelingResearch services and products on your behalfHelp you find event tickets, book hotels, or plan custom travel itinerariesIt’s kind of like having an agent on call to assist you with anything you need.Concierge services vary by issuer. So always check your card’s benefit guide for specifics on what they can offer.One service that gets a lot of praise online is the Visa Infinite Concierge service. Click here to learn more about a card that includes this perk. It’s perfect for busy travelers!Unlock the magicPremium credit cards aren’t just for the uber-rich. Regular folks like you and me can use them to unlock VIP perks and make life a little easier and travel a little more comfortable.But the key is actually using the perks.There’s no sense in paying a high annual fee if you’re not tapping into the hidden benefits and enjoying some of the finer things along the way.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.JPMorgan Chase is an advertising partner of Motley Fool Money. Joel O’Leary has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase and Visa. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

The best perks of luxury cards aren’t listed on the front page. They’re the kind of things you only find out from someone who’s been around the block.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

Most people swipe their premium card for points and call it a day. But if you know where to look, these cards unlock a whole different level of luxury.

And no, you don’t need to be rich and famous to get treated like a VIP. High-end credit cards are within reach of everyday people like me and you.

1. Get a massage before your flight

If you have a luxury travel card, it likely comes with Priority Pass airport lounge access. While most travelers think airport lounges just have comfy chairs and free snacks, some offer a lot more — like spa treatments!

A few examples of hidden lounge perks:

• The Be Relax Spa (30-plus locations including LA, NYC, Dallas) offers complimentary 30-minute back massages, 10-minute facial or foot massages, or oxygen therapy for Priority Pass members.
• You can get a private napping room or sleep pod at Minute Suites, where the first hour is free with Priority Pass membership.
• Some airport lounges in major cities offer showers, many with complimentary toiletries.

Pro tip: Your credit card might require a separate enrollment to activate lounge perks. Once unlocked, always check the specific lounge to see if it has the amenities you want and if it requires a reservation.

Check out my hands-down favorite card for lounge access. It has the widest available network of lounges I’ve seen.

2. Reserve a table at a “fully booked” restaurant

This sneaky perk could get you a table at a buzzy new restaurant — even if it’s fully booked.

Certain premium cards unlock VIP foodie benefits through partners like Resy, OpenTable, or Visa Dining Collection.

Here’s what these services can get you:

• Early access to prime reservations
• Invites to exclusive tasting events
• The ability to snag a table even when the restaurant shows “full”

Even if you’re not a regular fine diner, snagging a high-end reservation is a powerful move for impressing clients, or surprising your partner for a special celebration.

3. Call a professional problem-solver

Premium cards often come with concierge services. Think of this perk as a personal assistant on speed dial, ready to help solve problems.

Here are a few ways concierge services can assist you:

• Track down a lost passport or medication when you’re abroad
• Send flowers or gifts last-minute while you’re traveling
• Research services and products on your behalf
• Help you find event tickets, book hotels, or plan custom travel itineraries

It’s kind of like having an agent on call to assist you with anything you need.

Concierge services vary by issuer. So always check your card’s benefit guide for specifics on what they can offer.

One service that gets a lot of praise online is the Visa Infinite Concierge service. Click here to learn more about a card that includes this perk. It’s perfect for busy travelers!

Unlock the magic

Premium credit cards aren’t just for the uber-rich. Regular folks like you and me can use them to unlock VIP perks and make life a little easier and travel a little more comfortable.

But the key is actually using the perks.

There’s no sense in paying a high annual fee if you’re not tapping into the hidden benefits and enjoying some of the finer things along the way.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.JPMorgan Chase is an advertising partner of Motley Fool Money. Joel O’Leary has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase and Visa. The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”Withdrawing $10,000 from your checking or savings account might not be a big deal for some. But no matter the reason, your bank’s going to let the federal government know about it.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. Here’s what happens when you take out $10,000 or more — and why you probably don’t need to worry about it.Your bank files a report with the governmentFinancial institutions must file a report — known as a Currency Transaction Report, or CTR — for any cash withdrawal or deposit over $10,000. The report then goes to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.This is to help prevent money laundering, fraud, and organized crime. The report also includes your name, account details, transaction amount, and how the money was taken out — in cash, check, or other form.You might think you can dodge the CTR by withdrawing $5,000 now and $5,000 later. But your bank may file a Suspicious Activity Report (SAR) even for withdrawals under $10,000 if they believe you’re trying to game the system.You don’t need to be notified for a SAR to be filed. It just gets quietly sent to the government — and it stays there.The IRS finds out, tooThe CTR is shared with several agencies, including the IRS. That’s not a big deal so long as you’re doing nothing illegal, but it could lead the IRS to take a closer look at your finances.If your tax returns show little income, but you’re moving large amounts of cash, for example, the IRS could decide to investigate.The takeaway: Don’t panic, but don’t try to hide anythingTaking $10,000 out of your checking or savings account isn’t illegal or even uncommon. But it also doesn’t happen without the government taking notice.If you need to take out a large amount of money, just do it all at once. If anyone asks what it’s for, be honest. There’s nothing wrong with accessing your cash, but transparency is key. And if you’re not committing fraud or doing something else illegal, you shouldn’t have any reason to worry.Check out our list of some of the best high-yield savings accounts available today to start earning more on your excess cash.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool recommends Barclays Plc. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

Withdrawing $10,000 from your checking or savings account might not be a big deal for some. But no matter the reason, your bank’s going to let the federal government know about it.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

Here’s what happens when you take out $10,000 or more — and why you probably don’t need to worry about it.

Your bank files a report with the government

Financial institutions must file a report — known as a Currency Transaction Report, or CTR — for any cash withdrawal or deposit over $10,000. The report then goes to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.

This is to help prevent money laundering, fraud, and organized crime. The report also includes your name, account details, transaction amount, and how the money was taken out — in cash, check, or other form.

You might think you can dodge the CTR by withdrawing $5,000 now and $5,000 later. But your bank may file a Suspicious Activity Report (SAR) even for withdrawals under $10,000 if they believe you’re trying to game the system.

You don’t need to be notified for a SAR to be filed. It just gets quietly sent to the government — and it stays there.

The IRS finds out, too

The CTR is shared with several agencies, including the IRS. That’s not a big deal so long as you’re doing nothing illegal, but it could lead the IRS to take a closer look at your finances.

If your tax returns show little income, but you’re moving large amounts of cash, for example, the IRS could decide to investigate.

The takeaway: Don’t panic, but don’t try to hide anything

Taking $10,000 out of your checking or savings account isn’t illegal or even uncommon. But it also doesn’t happen without the government taking notice.

If you need to take out a large amount of money, just do it all at once. If anyone asks what it’s for, be honest. There’s nothing wrong with accessing your cash, but transparency is key. And if you’re not committing fraud or doing something else illegal, you shouldn’t have any reason to worry.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool recommends Barclays Plc. The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”As of early 2025, Americans are carrying almost $1.2 trillion in credit card balances. With interest rates still hovering around 20% APR on average, paying off even a modest balance can feel like pushing a boulder uphill… forever.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. But there is a way out — and it doesn’t require winning the lottery. Here’s how to get out of credit card debt, even if you’re totally overwhelmed right now.1. Pause interest with a 0% intro APR balance transfer cardInterest is a huge pain point when you’re in credit card debt. But transferring your balance over to a 0% APR balance transfer card can let you hit “pause” on that interest.Right now, some cards are offering up to 21 months of 0% APR. That means every dollar you pay during that period goes straight to principal.Let’s say you owe $6,000 at 20% APR and you’re making fixed payments of $250 monthly. It will take you 31 months to pay this off, and you’ll pay over $1,700 in interest. But if you transfer that balance to a card offering 0% APR for 18 months, and bump up your payment to $334 per month, you’ll be debt-free 13 months sooner and pay nothing in interest.Balance transfer fees usually range from 3% to 5%, so do the math and make sure the savings outweigh the fee. Also, these cards usually require good credit (670 or higher FICO® Score) to qualify for.2. Use the debt snowball or avalanche methodIf you have debt across multiple credit cards, here are two main strategies to help pay them off:The debt snowball method focuses on momentum. You line up your debts from smallest to largest balance. Then, you attack the tiniest one first (while paying minimums on the rest). Once that first debt is gone, you roll its payment into the next one, and so on. It’s like a snowball rolling downhill.The debt avalanche method, on the other hand, focuses on maximum savings. Instead of tackling the smallest balance first, you target the debt with the highest interest rate. It might take longer to get your first win, but you’ll pay less in interest overall and get out of debt more efficiently.Both strategies can work. Just choose one and stick to it.Looking to speed up your payoff even further? Compare the top balance transfer cards and get up to 21 months of 0% APR.3. Trim your budget and reroute every dollar toward debtFreeing up just $100 extra each month can make a huge difference in debt payoff.It doesn’t mean depriving yourself forever. Just temporarily squeezing your budget can help you get ahead of your debt and make things more manageable.Start by combing through your spending and ask yourself, what is actually necessary? What can be paused, swapped, or downgraded? Even small cuts can add up fast.Here are a few ideas:Cancel unused subscriptions or streaming servicesSwitch to a cheaper phone planCook more meals at home (bonus: healthier and cheaper)Pause unnecessary shopping for 30 daysEvery dollar you free up can help chip away at your debt. And once that debt is gone, you can start funneling those payments toward savings or investing. That’s the real glow-up.4. Work with a nonprofit credit counselorThere’s no shame in asking for help. In fact, it can be really helpful to talk your debt issues out with someone.Two awesome nonprofit agencies are Money Management International (MMI) and the National Foundation of Credit Counseling (NFCC). They both offer free debt advice and can help you create a custom payoff plan.These aren’t shady debt relief companies — they’re certified nonprofit organizations. And there’s zero pressure to sign up for anything.Take one small step todayWhether it’s applying for a balance transfer card, cutting out a few non-essentials, or calling a credit counselor, every action counts. Momentum builds fast once you get moving.Start today. You don’t have to do everything at once. You just have to do something.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.”}]] [[{“value”:”

As of early 2025, Americans are carrying almost $1.2 trillion in credit card balances. With interest rates still hovering around 20% APR on average, paying off even a modest balance can feel like pushing a boulder uphill… forever.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

But there is a way out — and it doesn’t require winning the lottery. Here’s how to get out of credit card debt, even if you’re totally overwhelmed right now.

1. Pause interest with a 0% intro APR balance transfer card

Interest is a huge pain point when you’re in credit card debt. But transferring your balance over to a 0% APR balance transfer card can let you hit “pause” on that interest.

Right now, some cards are offering up to 21 months of 0% APR. That means every dollar you pay during that period goes straight to principal.

Let’s say you owe $6,000 at 20% APR and you’re making fixed payments of $250 monthly. It will take you 31 months to pay this off, and you’ll pay over $1,700 in interest. But if you transfer that balance to a card offering 0% APR for 18 months, and bump up your payment to $334 per month, you’ll be debt-free 13 months sooner and pay nothing in interest.

Balance transfer fees usually range from 3% to 5%, so do the math and make sure the savings outweigh the fee. Also, these cards usually require good credit (670 or higher FICO® Score) to qualify for.

2. Use the debt snowball or avalanche method

If you have debt across multiple credit cards, here are two main strategies to help pay them off:

1. The debt snowball method focuses on momentum. You line up your debts from smallest to largest balance. Then, you attack the tiniest one first (while paying minimums on the rest). Once that first debt is gone, you roll its payment into the next one, and so on. It’s like a snowball rolling downhill.
2. The debt avalanche method, on the other hand, focuses on maximum savings. Instead of tackling the smallest balance first, you target the debt with the highest interest rate. It might take longer to get your first win, but you’ll pay less in interest overall and get out of debt more efficiently.

Both strategies can work. Just choose one and stick to it.

Looking to speed up your payoff even further? Compare the top balance transfer cards and get up to 21 months of 0% APR.

3. Trim your budget and reroute every dollar toward debt

Freeing up just $100 extra each month can make a huge difference in debt payoff.

It doesn’t mean depriving yourself forever. Just temporarily squeezing your budget can help you get ahead of your debt and make things more manageable.

Start by combing through your spending and ask yourself, what is actually necessary? What can be paused, swapped, or downgraded? Even small cuts can add up fast.

Here are a few ideas:

• Cancel unused subscriptions or streaming services
• Switch to a cheaper phone plan
• Cook more meals at home (bonus: healthier and cheaper)
• Pause unnecessary shopping for 30 days

Every dollar you free up can help chip away at your debt. And once that debt is gone, you can start funneling those payments toward savings or investing. That’s the real glow-up.

4. Work with a nonprofit credit counselor

There’s no shame in asking for help. In fact, it can be really helpful to talk your debt issues out with someone.

Two awesome nonprofit agencies are Money Management International (MMI) and the National Foundation of Credit Counseling (NFCC). They both offer free debt advice and can help you create a custom payoff plan.

These aren’t shady debt relief companies — they’re certified nonprofit organizations. And there’s zero pressure to sign up for anything.

Take one small step today

Whether it’s applying for a balance transfer card, cutting out a few non-essentials, or calling a credit counselor, every action counts. Momentum builds fast once you get moving.

Start today. You don’t have to do everything at once. You just have to do something.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”Image source: Getty Images
Having lots of money in the bank is never a bad thing. But once you’ve built up a sizable amount in savings — say, $50,000 — it’s time to ask: Is some of that money better off elsewhere?Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. Once you’ve built up an emergency fund (enough to cover three to six months of expenses), keeping additional cash in your savings account means you’re missing out on chances to grow your money. Here’s where to move that extra cash instead.Make more by moving your moneyHere are a few strong options for earning on your excess savings:Certificates of deposit (CDs): With CDs, you’ll lock up your money for a given term — months or even years — but in return you can get a high APY that won’t change. Current CD rates are as high as 4.55%.Individual retirement accounts (IRAs): IRAs let you invest for retirement with tax advantages. A Roth IRA, for example, grows tax-free and allows tax-free withdrawals in retirement. Through IRAs, you can purchase stocks, bonds, or funds that grow much faster than cash over time.Brokerage accounts: Just like IRAs, brokerage accounts allow you to invest in stocks, bonds, and funds. They don’t offer tax breaks, but anybody can open one and invest as much as they want. It’s a smart place to grow extra savings that you don’t need in the short term.CDs are great for getting a guaranteed return on your money. And by investing in index funds, like one that tracks the S&P 500, you can safely assume that your money will grow steadily over time — at a much better rate than a savings account.Ready to earn more on your cash? Check out some of the best CDs available today and lock in a high APY.When to hold on to your cashThere are a few good reasons to hold a big cash cushion. If you’re planning a large purchase or foresee a financial emergency of some kind, a larger savings account makes sense.But beyond that, holding $50,000 or more in a basic savings account is usually more of a missed opportunity than a smart strategy.Also, most traditional savings accounts offer interest rates below 1.00% APY. For short-term savings and emergency funds, a high-yield savings account (HYSA) is a better option. Right now, the best HYSAs are offering 4.00% APY or higher. That’s still not as high of a return as you could get elsewhere.Check out our list of some of the best HYSAs available now to keep your money flexible while earning more.Put your money to work todayLots of cash is never a bad thing, but letting your excess savings sit in a low-interest account means you’re probably missing out on long-term growth.Once you’ve covered your emergency needs, consider shifting extra funds into CDs, IRAs, or brokerage accounts. You’ve worked hard to save up — now let that money work for you.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.”}]] [[{“value”:”

Having lots of money in the bank is never a bad thing. But once you’ve built up a sizable amount in savings — say, $50,000 — it’s time to ask: Is some of that money better off elsewhere?

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

Once you’ve built up an emergency fund (enough to cover three to six months of expenses), keeping additional cash in your savings account means you’re missing out on chances to grow your money. Here’s where to move that extra cash instead.

Make more by moving your money

Here are a few strong options for earning on your excess savings:

• Certificates of deposit (CDs): With CDs, you’ll lock up your money for a given term — months or even years — but in return you can get a high APY that won’t change. Current CD rates are as high as 4.55%.
• Individual retirement accounts (IRAs): IRAs let you invest for retirement with tax advantages. A Roth IRA, for example, grows tax-free and allows tax-free withdrawals in retirement. Through IRAs, you can purchase stocks, bonds, or funds that grow much faster than cash over time.
• Brokerage accounts: Just like IRAs, brokerage accounts allow you to invest in stocks, bonds, and funds. They don’t offer tax breaks, but anybody can open one and invest as much as they want. It’s a smart place to grow extra savings that you don’t need in the short term.

CDs are great for getting a guaranteed return on your money. And by investing in index funds, like one that tracks the S&P 500, you can safely assume that your money will grow steadily over time — at a much better rate than a savings account.

When to hold on to your cash

There are a few good reasons to hold a big cash cushion. If you’re planning a large purchase or foresee a financial emergency of some kind, a larger savings account makes sense.

But beyond that, holding $50,000 or more in a basic savings account is usually more of a missed opportunity than a smart strategy.

Also, most traditional savings accounts offer interest rates below 1.00% APY. For short-term savings and emergency funds, a high-yield savings account (HYSA) is a better option. Right now, the best HYSAs are offering 4.00% APY or higher. That’s still not as high of a return as you could get elsewhere.

Put your money to work today

Lots of cash is never a bad thing, but letting your excess savings sit in a low-interest account means you’re probably missing out on long-term growth.

Once you’ve covered your emergency needs, consider shifting extra funds into CDs, IRAs, or brokerage accounts. You’ve worked hard to save up — now let that money work for you.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”Image source: Getty Images
Retirement might feel far off for some, but the truth is that your future comfort depends on what you do (or don’t do) today.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. The good news is, you don’t need to be a financial expert or start with a six-figure income. Just follow a few non-negotiable rules, and you’ll stay on track for a retirement you’ll actually enjoy.Here are four retirement saving rules you can’t afford to break.1. Start as early as possibleThis is the Golden Rule of saving. When you start saving for retirement as early as possible, you give your money decades to grow through compound interest.If you start saving just $200 a month at age 25 at an 8% return, you’ll have around $824,000 by age 67. But if you wait until 35 to start saving the same $200 a month, you’ll end up with only about $354,000. That’s the power of compound interest.Even small contributions are better than nothing. Don’t wait — start today.AgeValue if You Start at 25Value if You Start at 3525$0-35$36,589$045$117,804$36,58955$298,072$117,80467$824,099$354,792Data source: Author’s calculations.2. Save 10%-15% of your incomeOnce you’re earning a steady paycheck, you need to aim to set aside 10% to 15% of your gross income each year for retirement. That includes any 401(k) match from your employer, which counts toward your savings rate.And if your employer offers a 401(k) match, take full advantage. That’s free money you don’t want to leave on the table.After earning your match, consider directing additional savings into tax-advantaged accounts like traditional and Roth IRAs, which offer more flexibility and potentially broader investment options.Ready to start saving for retirement? Our partner SmartAsset’s no-cost quiz makes it easier to find a fiduciary financial advisor.3. Automate your contributionsThe easiest way to save for retirement is to take the human element out of the equation.Set up automatic contributions to your 401(k) or IRA so the money goes in before you have a chance to spend it. You can even enable automatic annual increases. Many 401(k) plans will bump your savings rate by 1% each year unless you opt out, making it painless to scale up over time.4. Don’t cash out earlyDon’t dip into your retirement savings unless there’s a legitimate emergency — and even then, explore all other options first.Taking money out of your 401(k) or IRA before age 59 1/2 usually means paying income tax and a 10% penalty. You’ll also miss out on years of future growth, making it a last resort if you have a medical emergency or anything else that needs immediate attention.Also, if you change jobs, don’t cash out your old 401(k). Instead you can roll it into your new employer’s plan so your savings can keep growing tax-deferred. If this all seems overwhelming, you can get matched with up to three fiduciary advisors with our partner, SmartAsset, so you can get professional advice.Start preparing todayRetirement may be years or even decades away, but the decisions you make now are what shape it. By starting early and saving consistently, you’ll set yourself up for a long and comfortable retirement.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

Retirement might feel far off for some, but the truth is that your future comfort depends on what you do (or don’t do) today.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

The good news is, you don’t need to be a financial expert or start with a six-figure income. Just follow a few non-negotiable rules, and you’ll stay on track for a retirement you’ll actually enjoy.

Here are four retirement saving rules you can’t afford to break.

1. Start as early as possible

This is the Golden Rule of saving. When you start saving for retirement as early as possible, you give your money decades to grow through compound interest.

If you start saving just $200 a month at age 25 at an 8% return, you’ll have around $824,000 by age 67. But if you wait until 35 to start saving the same $200 a month, you’ll end up with only about $354,000. That’s the power of compound interest.

Even small contributions are better than nothing. Don’t wait — start today.

2. Save 10%-15% of your income

Once you’re earning a steady paycheck, you need to aim to set aside 10% to 15% of your gross income each year for retirement. That includes any 401(k) match from your employer, which counts toward your savings rate.

And if your employer offers a 401(k) match, take full advantage. That’s free money you don’t want to leave on the table.

After earning your match, consider directing additional savings into tax-advantaged accounts like traditional and Roth IRAs, which offer more flexibility and potentially broader investment options.

Ready to start saving for retirement? Our partner SmartAsset’s no-cost quiz makes it easier to find a fiduciary financial advisor.

3. Automate your contributions

The easiest way to save for retirement is to take the human element out of the equation.

Set up automatic contributions to your 401(k) or IRA so the money goes in before you have a chance to spend it. You can even enable automatic annual increases. Many 401(k) plans will bump your savings rate by 1% each year unless you opt out, making it painless to scale up over time.

4. Don’t cash out early

Don’t dip into your retirement savings unless there’s a legitimate emergency — and even then, explore all other options first.

Taking money out of your 401(k) or IRA before age 59 1/2 usually means paying income tax and a 10% penalty. You’ll also miss out on years of future growth, making it a last resort if you have a medical emergency or anything else that needs immediate attention.

Also, if you change jobs, don’t cash out your old 401(k). Instead you can roll it into your new employer’s plan so your savings can keep growing tax-deferred. If this all seems overwhelming, you can get matched with up to three fiduciary advisors with our partner, SmartAsset, so you can get professional advice.

Start preparing today

Retirement may be years or even decades away, but the decisions you make now are what shape it. By starting early and saving consistently, you’ll set yourself up for a long and comfortable retirement.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

“}]] Read More