Question on Good Morning Live this morning were from ONEin3'rs.
If you have a question, e-mail me at [email protected].
Our CD is about to come due (4.25%). Do you have any recommendations for where we should put our little nest egg? We want to keep relatively liquid and with minimal to no risk. -- Sam
Safe investments
- CD again...rate will be lower
- Online money market
- Check BankRate.com
What is the best credit card to use? Are rewards cards a good idea? -- Nicole
Best Cards
- Don't carry a balance
- No annual fee
- Rewards cards
- LowCards.com
Goal setting- I am broke every month, but want to start saving for ski season. What quick tips do you have for cutting down on expenses without having no life at all? (I go to the gym and usually go skiing in Maine.) -- David
Goal Planning
- Set a specific monetary goal
- Track your expenses: Mint.com
- Small things add up quickly: Snowflakes
- Look for extras to cut: coffee, meals
- Strategic grocery shopping
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