Uncertain Times: 21 Tips to Boost Your Emergency Fund

Invest In Long-Term CDs

If you’re looking for a safe and reliable way to save money, then you should look into a certificate of deposit. A CD has a fixed interest rate for a set period of time, so if you don’t need to immediately access the funds, it’s a great way to start investing.

We know that, as of late, the thought of investing at all has had people worried. The Coronavirus pandemic has caused a significant hit to the stock market, which is why so many Americans are avoiding it for the time being.

But, again, CDs are known to be risk-free, so even in the case of a global disaster, you should consider this option.

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