Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. It ...

Understanding the concept of compound interest is crucial for anyone looking to grow their wealth. Unlike simple interest, ...

A certificate of deposit rollover is the process of transferring money from an existing CD into a new one as soon as it matures. It’s a way to reinvest the principal and/or interest for a new ...

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As we enter 2024, the financial landscape continues to be shaped by high-interest rates, a scenario that could significantly impact various sectors of the economy. Read on to find out which sectors ...