Saving money to pay off student loans and consumer debt

When To Not Discuss Finances

The husband approached me this morning talking about the CD rates at WAMU as I was pouring my first cup of coffee. He asked me if I had any extra money in savings because WAMU was offering such great rates on Certificates of Deposit. My response? Wait until the coffee has kicked in.

For the record, WAMU is offering CDs at the following rates in my area:

Terms (Months) Interest Rate2 Annual Percentage Yield (APY)3
6 1.98% 2.00%
8 4.17% 4.25%
12 4.89% 5.00%
13 4.89% 5.00%

18 3.93% 4.00%
24 3.93% 4.00%
36 3.93% 4.00%
48 4.07% 4.15%
60 4.41% 4.50%

I am not interested in tying up that much money for 12 months, if it was 6 months maybe but for 12 months no.


August 26, 2008 - Posted by | savings | , ,

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