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“Gap years” are nothing new, but it was still pretty surprising when the most watched college decider in the nation – Malia Obama – elected to defer her entrance to Harvard University. My immediate reaction as the mother of a high school freshman was…pretty impressed. It’s never an easy decision to go against the grain of expectations and most 17- or 18-year-old’s reaction to a Harvard acceptance letter would be so long folks, hello Cambridge….


You’ve heard how awesome Roth IRAs are and how starting one now can mean big bucks when you’re older. You’ve even done some research so you have a vague idea of how a Roth IRA works. Now what? How do you actually open a Roth IRA for yourself?...

This article is by GRS contributor Chris Kissell.

It’s a form of abuse that often unfolds in silence. Its victims are often reluctant to report it. And it is likely to become even more commonplace as our society ages. What is financial elder abuse? Financial exploitation of elders occurs whenever someone dishonestly hijacks the resources of an older adult for personal gain, such as: Belongings Assets Benefits Other resources Exploiters target seniors because the…


This article is by J.D. Roth.

My name is J.D. Roth. Ten years ago today, I started a little blog about money. This blog, in fact. When I started Get Rich Slowly, I had no idea what it would become. Just a year earlier, I had summarized all the best advice from the personal-finance books I’d been reading into a single article for my personal site. It’s when I first began to recognize that…


The series on Roth Individual Retirement Arrangements (Roth IRAs) has covered a number of topics – what they are, how (and where) to open one, and which investments are best. Now, in the final part, we turn to some of your questions. Remember: I am not a financial adviser. I’m just a regular guy trying to gather information to help you. If you need more specific answers, please consult a CPA or an investment professional....

I’m writing to you sitting next to a jar. This jar is stuffed full (okay, imagine it gently filled — it’s a small jar) of $5 bills. I do not feel proud that this is the best way I’ve found yet to save money consistently; somehow, having it sit there on the window sill is a gentle reminder that there are more important things to spend my cash on than the x, y, and z that usually make the list....

This article is by GRS contributor William Cowie.

Life is full of little bumps … like how our furnace went out at the onset of last season’s most severe cold snap. It’s bad enough that an emergency like that seems to happen at the most inopportune time, but what’s worse is the $6,000 bill that accompanies it. Where do you get $6,000 quickly when you need it? If you’ve set money aside for a…


This article is by editor Linda Vergon.

The Starwood Preferred Guest® Credit Card from American Express has a new offer available now that could help you plan a bigger, better summer vacation if you act quickly. This card was recently given a 2016 CardRating’s Editor’s Choice award as one of the best travel credit cards available. (CardRatings.com is one of our partner sites.) Turn regular purchases into vacation perks New cardholders that make $3,000…


If you have ever met with a financial adviser about investments, chances are he or she may have proposed annuities as a good way for you to go. However, when you scan the blogosphere for posts about investing, you hardly ever read about annuities. You read about index funds, mutual funds, stocks and real estate and now and then about bonds … but hardly ever anything about annuities. Should you consider annuities? What is an…


Hey, average American, what are you planning to do with the almost-$3,000 tax refund (according to 2013 data) you are about to receive? Here's 10 things to do to spend your refund wisely....

This article is by GRS contributor William Cowie.

Chances are you have never purchased a bond … and probably never will. Same with me. I simply don’t have the capital to commit over $100,000 to purchase the typical bond. But I do believe there are reasons to learn about bonds nonetheless, even if it’s an investment you don’t think you’ll ever make. Never say “never,” right? Well, the fact is… You may already be…


This article is by GRS contributor William Cowie.

Fire can be one of the most destructive forces on earth, and yet some say civilization began when we figured out how to harness its power. Credit cards are the same. Ask any long-time reader of Get Rich Slowly if credit cards are good for anything, and you might get a response like: “They’re to be ripped up and burned in an atmosphere-polluting bonfire of relief!”…


When my husband proposed to me on July 10th, 2005, I was ecstatic. In fact, I’m pretty sure I screeched “Yeeeessssss” before he could even pull the ring out of his pocket. Our plan was to move into the little apartment above his work — it was part of his compensation package — then get married the following summer....

Have you ever hosted a yard sale with dismal sales? You made a dollar per hour for your efforts. No fun. If you want to add to your savings account or start an emergency fund by throwing a yard sale, use these tips to host an epic event....

According to J.D. Roth, Dave Ramsey changed his life: “In the fall of 2004, I had over $35,000 in consumer debt. I was making a solid middle-class salary, but I lived paycheck to paycheck. My money habits were terrible. When I looked into the future, all I saw were years of toil to pay for the things I’d already purchased. “Then a friend loaned me a copy of The Total Money Makeover, a book by...

This article is by GRS contributor Richard Barrington.

More and more, companies are dispensing with traditional annual employee reviews. They say this is out of sensitivity to a new generation of employees who find reviews stressful. The real reason may be that dispensing with employee reviews saves companies money — albeit at the expense of their employees. Microsoft and Dell are among the high-profile companies that have made news recently by dumping annual employee…


When it comes to tax preparation, distinguishing between cost and value is a crucial question. The cost can vary from nothing for doing it yourself on up to hundreds of dollars for professional tax preparation. To judge the value correctly, though, those costs have to be weighed against the results you get, including what could go wrong if you choose the wrong approach. To help you weigh...

Have you received your credit card bill for December yet? If so, you’re not the only one. As this Federal Reserve Board chart shows, Americans accumulate about $30 billion in credit card debt in the last quarter every year – and then attempt to pay it off in the first quarter of the New Year. The problem is they rarely succeed at paying off the entire balance. By the end of the first quarter every…


This is a guest post from GRS contributor Donna Freedman.

Get Rich Slowly contributor Lisa Aberle recently suggested putting 10 percent of income in a savings account. She provided guidelines in “How to save money each month” – tried-and-true techniques like having a yard sale, cutting the cable, dropping the landline, raising insurance deductibles, eating at home and lowering the thermostat. Suppose you’ve done all that stuff already, you’re living pretty close to the bone…


This article is by editor Linda Vergon.

Last month, the December 2015 Consumer Confidence Index ®, showed improvement over the previous month: “Consumer confidence improved in December, following a moderate decrease in November,” said Lynn Franco, Director of Economic Indicators at The Conference Board. “As 2015 draws to a close, consumers’ assessment of the current state of the economy remains positive, particularly their assessment of the job market. Looking ahead to 2016, consumers are…


This article is by GRS contributor Honey Smith.

“Impostor syndrome” is a term coined by two American psychologists, Pauline Clance and Suzanne Imes, in 1978. Simply put, it is the belief that what other people perceive of as accomplishments due to your skill, intellect, or other internal factors are in fact evidence that you are a fraud. When those who have impostor syndrome receive compliments, rather than feeling pride at the praise, sufferers probably…


This article is by GRS contributor Richard Barrington.

I remember my first mortgage. Getting it seemed like a bureaucratic hurdle on the way toward buying a home, and I couldn’t wait to get the paperwork done and out of the way. By the time we bought our second house, I was 10 years older and wiser. I played a much more active role in choosing a mortgage and negotiating terms that time, and saved us…


This article is by staff writer Lisa Aberle.

Is your to-do list filled with important things that are buried by urgent tasks? Or easier and/or quicker tasks? Ostensibly, this article is about how a work-at-home parent opens a SEP-IRA (or any other type of self-employed retirement account). But also, once again, I realized that most tasks just aren’t as difficult as I imagine them to be. When I wanted to open a self-employed retirement…


This article is by editor Linda Vergon.

This year, my husband decided to commute to work again – on his bicycle. He’s not alone. The number of people commuting by bike has increased every year since 2009, according to the U.S. Census Bureau. Back then, it was just over 687,000 Americans that biked to work. By 2014, the figure had climbed to more than 832,000. What’s surprising is that the number of active commuters…


This article is by GRS contributor William Cowie.

Millions rely on financial advisers to do their investing. On the surface, their reasoning seems valid: People feel intimidated by the whole investing thing. It seems like a jungle out there and, to boot, most people know someone who lost it all with bad investments. Others believe they just don’t have enough time to learn about investing or to maintain their investments on an ongoing basis….


This article is by staff writer Lisa Aberle.

Is this the year to focus on saving more? If you’ve been disappointed when you’ve checked out your savings account balance, let’s change that this year! How much should I be saving? Actually, advice on the topic of how much you should be saving differs based on who’s giving the advice. At a minimum, most people recommend saving 10 percent of your income. Dave Ramsey recommends saving…


This article is by editor Linda Vergon.

Once again, we ring in the New Year and experience the phenomenon of being connected to everyone else. We’re tied together by the calendar. Even though we lead separate lives and have distinctly different journeys from every other person, we can’t escape the fact that January 1 starts a new year for us all. Our reaction to the New Year is not necessarily shared, though. For as…


This article is by staff writer Honey Smith.

Ah, New Year’s Eve — a time to wax nostalgic about the past year and think ahead to what you’d like to accomplish in the new year. Here at Get Rich Slowly, we’re proud of the content we brought you in 2015 — and we’re excited to go on exploring the topics of personal finance beyond savings accounts and certificates of deposit in 2016. We’d love to…


We monitor the interest rates being offered by more than 500 financial institutions (banks, credit unions, and savings and loan associations) and display only the top 50 highest rates in the table below. These are weekly updates to help you find the best online high-yield savings account and money market account rates currently available.

Part of an effective financial strategy includes maximizing your earnings while balancing your need for liquidity -- and a certificate of deposit, or CD, is one way to accomplish that goal. You can easily monitor the best CD rates and terms currently available in the table below plus the rates of more than 500 financial institutions (banks, credit unions, savings banks, and savings and loan associations)

GRS is committed to helping our readers save and achieve their financial goals. Savings interest rates may be low, but that is all the more reason to shop for the best rate. Find the highest savings interest rates and CD rates from Synchrony Bank, Ally Bank, GE Capital Bank, and more.

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