Welcome To Making Money Prosper
At every stage in life, we all need a routine checkup for our financial health. That is why we’ve launched Making Money Prosper! This blog is dedicated to you, our PEFCU members. We’re here to help you live your best financial life by teaching you to successfully save, invest, and manage your money. Adulting can be hard–we get it! We want you to find success through all of life’s stages: like purchasing your first car, traveling the world, planning for retirement, and everything in between. At PEFCU, our goal is to educate you and your family about your personal finances…
Secure Your Retirement with Share Certificates
Retirement planning is a long-term process that involves various investments, account types, and strategies. For some, their golden years are decades away, which can result in putting their retirement savings on the back burner for now. However, when it comes to retirement savings, your best friend is time. The more time you can save and allow your investments to compound, the greater your nest egg will become. One account type suitable for savers of all ages comes with an extraordinary perk – guaranteed returns. It’s a feature rarely found in investing, and it’s possible through Share Certificate Accounts. Understanding Certificates A share certificate account (also called a certificate of deposit) is a type of deposit account that earns substantially more than traditional savings accounts. You choose the term and yield that…
