Float’s Post

Limited Time Offer: 5% Rate Guarantee for 5-8 Years (THIS RATE EXPIRES DEC. 1) Consider this for your safe money. Lock it in. If under 59 1/2, a 10% penalty applies to gains upon withdrawal, effectively reducing the rate to 4.5%. This is higher than most high-yield savings accounts.

Consider taking a look at the current offering as an alternative to cash being held in a checking account. In the United States, the average checking account at a bank is .08% on your hard-earned money. The money market rates are still substantially higher as well as some good options to lock in CD rates given the current economy. Please give me a call if you would like to discuss this or money market options. (561) 383-3904

Credit card interest can be sneaky. Here’s how it turns into cash. 💳💼 Your interest rate is daily. Divide APR by 365 for your daily rate. Multiply your daily balance by that rate for each day to get your monthly interest. Pay down or pay off balances to avoid charges. What's the craziest interest charge you’ve seen? Share in the comments. Follow for more tips. #CreditCardManagement #FinancialLiteracy #InterestRates

Boost Your Financial Health with These 6 Credit Card Habits! 💳 Never skip a payment. 💳 Monitor your statements regularly for errors. 💳 Stay under 30% of your credit limit to keep your credit score healthy. 💳 Be aware of your card’s interest rates, fees, and charges to avoid unexpected costs. 💳 Pay off your balance each month to avoid paying interest. 💳 Use a rewards card to collect cash back, air points, retail points, etc. #DebtPayOff #CreditCards

🔍 High-Yield Savings Accounts: What's the Catch? 🌟 Ever noticed the asterisk next to those interest rates? Here's what you should know: 1. Minimum Balance: Fall below, and that nice high yield rate might as well be a dream. 2. Rate Variability: Today's earnings can be tomorrow's hope. Rates change. 3. Withdrawal Limits: Regulation D says 'hey' with limits on how often you can dip into your savings. Watch out for withdrawal fees. High-yield savings accounts makes many promises, but the highlights dims when you read the fine print. Still, they're a powerful tool if you play by the rules. 💡 Thinking of opening one? Here's a golden tip: Compare, understand the terms, and reflect on your banking habits. The best account is one that fits your financial lifestyle, not just your interest rate cravings. #FinancialWisdom #SavingsGoals #HighYieldSavings

"I know I’ve got way too much in my checking/savings account"... I hear this statement too many times every day. It's time to make the most out of your savings and have it keep better pace with inflation instead of letting it rot in a big bank savings account, and that doesn't necessarily mean investing it. Check out this insightful WSJ article on how you can find better-yielding accounts for your savings. Don't let your hard-earned money sit idle; explore options that offer higher returns and maximize your financial growth. 🌱💸 🔗 https://lnkd.in/eh8ZBRnk #FinancialFreedom #SmartSavings #HigherYields #InvestWisely #MoneyMatters

Your credit card interest rate can affect the overall time it takes to pay off your credit card balance. Learn how long it may take to pay off your credit card based on your interest rate, spending, and payment habits. https://lnkd.in/e7GacYBU

Getting into the swing of things now that tax time is here! Tip of the month: High Yield Savings Accounts - Consider this if you: 1. Want to have a savings account that you can access when necessary. You know for emergencies like when the refrigerator breaks. 2. Want to have interest rates that competes with CDs (Certificate of Deposit) 3. Don't want to have your funds tied up for long periods of time like CDs and then have penalties when you have to withdraw early. If this is you then I highly recommend starting one today! There are many online banks that offer great rates! Check it out!