How to Build an Emergency Fund Using Ladder CDs

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How to Build an Emergency Fund Using Ladder CDs – This is a place for the community to provide tips and advice on How to Build an Emergency Fund Using Ladder CDs. This topic was created by ernie medlin and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Creating a CD Ladder for Your Emergency Fund or Other Savings to Earn a Better, Safe Return - The Simple Dollar

Published: 9 years, 3 month(s) ago | Submitted by Art Luyten | permalink

As I've mentioned before, my family has a pretty good sized cash emergency fund, somewhere around nine months' worth of living expenses. Having that amount

For further reading: http://www.thesimpledollar.com/creating-a-cd-ladder-for-your-emergency-fund-or-other-savings-to-earn-a-better-safe-return/ ^[1]

Tip 2 - Building the Perfect CD Ladder - NerdWallet

Published: 9 years, 3 month(s) ago | Submitted by Lic Diaz | permalink

-*+Certificates of deposit, or CDs, are the highest yielding government insured investment available, making them just right for people who want to grow their net worth without risk. You may…
Tags: credit cards, cd rates, savings, checking accounts, scholarships, airlines

For further reading: http://www.nerdwallet.com/blog/rates/building-perfect-cd-ladder/ ^[2]

Tip 3 - How to Start & Build Up Your Emergency Fund in Savings

Published: 9 years, 3 month(s) ago | Submitted by Johannes Mertmann | permalink

Five days before Christmas last year, the downstairs area of my house flooded with groundwater. While the experience wasn't fun, we were fortunate in that it wasn't a budget disaster. Many of our n...

For further reading: http://www.moneycrashers.com/start-build-emergency-fund-savings/ ^[3]

Tip 4 - How to Build a CD Ladder (Infographic)

Published: 9 years, 3 month(s) ago | Submitted by Tobias Karcher | permalink

Any healthy portfolio includes some cash investments. However, the high liquidity and safety of cash comes with a price: Low returns.

For further reading: https://www.depositaccounts.com/blog/how-to-build-a-cd-ladder.html ^[4]

Tip 5 - Set Up a CD Ladder to Increase Emergency Fund Interest

Published: 9 years, 3 month(s) ago | Submitted by u 674eu 54c 1u 8431u 5c 0fu 59d 0 lpx | permalink

Having a nicely padded emergency fund is a great comfort but it doesn't offer much of a return if it's languishing in a simple savings account. Set up a CD ladder to make your emergency fund money do double duty.
Tags: Personal Finance, Money, Saving, Saving Money, Emergency, Banking, Banks, Lifehacker

For further reading: http://lifehacker.com/5578246/set-up-a-cd-ladder-to-increase-emergency-fund-interest ^[5]