TessMore Finance Blog

It wasn’t that long ago when even the best CD rates paid next to nothing due to record-low interest rates. Well, times have changed, and short-term Certificates of Deposit (CDs) are once again offering decent returns for conservative and short-term investors. But how high have rates risen? Is it possible to earn 6% on a CD today? For example, you can easily earn 3% APY or higher in a high-yield savings account, and inflation-linked bonds pay even more (right now, it’s 6.89% APY). However, these rates are variable and fluctuate at anytime. CDs allow you to lock in today’s best interest rates for a specified period. Table of Contents Are There 6% CD Rates Today? Best 5% CD Rates Bellco Credit Union Navy Federal Credit Union Best 4% CD Rates Sallie Mae Bank Signature Federal Credit Union SaveBetter Barclays Bank Marcus by Goldman Sachs Bask Bank Capital One 360 Citi CIT Bank Discover Bank Live Oak Bank PenFed Credit Union Synchrony Bank Best 3% CD Rates

T oday I thought I’d share a few of my spreadsheets to help you stay on top of your finances. They’re oldies but goodies. These sheets will hopefully add to your overall financial organization efforts. I’ve provided a brief explanation about each one and links to download the sheets (no email address required!). 1. Personal Financial Statement Template First up is my all-in-one, dashboard-style spreadsheet called the personal financial statement template. This sheet puts all your personal financial information in one simple, printable spreadsheet. Here’s what’s included: Personal Balance Sheet : This is simply a listing of all your assets and liabilities. It totals up to give you your net worth. Personal Income Statement : This includes your income and all your recurring expenses. While this isn’t a full-blown budget, it will help you visualize what you “have to” pay each month. Financial Goals : It’s important to keep your financial goals in mind when viewing net worth and

If you are an active trader, especially if you are into options trading, Tastytrade is one of the best platforms for doing so. They are designed for active traders so the emphasis is on features that you’ll need. This includes an emphasis on speed and tools for the active trader, like quick trades, quick trade adjustments, data, and more. Also, the pricing is very competitive. No commissions on stocks and ETFs, $1 per contract opening commissions ($10 max) and $0 on closing for options on stocks and ETFs. They have $1.25 per contract on futures contracts on both opening and closing. Best of all, if you’re opening a new account, there’s a very generous bonus available. Table of Contents Tastytrade Promotion – up to $2,000 Who is Tastytrade? How does this offer compare? Tastytrade Promotion – up to $2,000 To get the bonus, open and fund a new Tastytrade account and transfer in funds to get up to $2,000 in cash. As long as you transfer in at least $500, you can get a $100

Depositing checks via your mobile device can be a convenient way to get money in the bank quickly. However, mobile check deposit limits can vary depending on where you bank.  If you like using mobile deposit or are interested in learning more about how it works, you’ve come to the right place. Table of Contents What Is Mobile Check Deposit? How to Use Mobile Check Deposit How Long Before My Mobile Deposit Shows Up in My Account? Mobile Check Deposit Limits at Major Banks Banks That Accept a $10,000 Check via Mobile Deposit Banks That Accept a $25,000 Check via Mobile Deposit Banks That Accept $50,000 Checks via Mobile Deposit Can My Mobile Deposit Limit Change? Is Mobile Deposit Safe? Deposit Rejection Double Deposit Security Breaches Final Thoughts on Mobile Check Deposit Limits What Is Mobile Check Deposit? Mobile check deposit allows you to deposit checks directly into your bank account using any mobile device. All banks differ, but banks that allow mob

YZJ Financial Holdings is a leading financial services company offering customers various products and services.  With a history spanning more than a decade, the company has become a significant player in the financial industry.  In this article, we’ll take a closer look at the history, products and services, financial performance, industry trends and challenges, and future outlook of YZJ Financial Holdings. History of YZJ Financial Holdings Founded in 2010, YZJ Financial Holdings started as a small financial services firm, offering customers various products and services. Over the years, the company has expanded its offerings and grown in size, becoming a major player in the financial industry.  The company’s initial focus was on investment banking, particularly underwriting and securities trading.  As the company grew, it expanded into other areas of financial services, including wealth management, asset management, and insurance.  Today, YZJ Financial Holdings is a well-estab

Options trading has become more popular in recent years, with an increase in the number of online brokers and investment apps allowing the buying and selling of options contracts. A covered call is just one of many options strategies and one you should be aware of if you’re getting involved with options trading. In this article, I’ll explain how covered calls work, the risks involved, and share a few online brokers that will let you employ a covered call strategy. Table of Contents What Is an Options Contract? What Is a Covered Call? How to Use a Covered Call Are There Any Risks with a Covered Call? The Best Use of Covered Calls How Does a Covered Call Work? Where to Invest in Options The Bottom Line on Covered Calls What Is an Options Contract? An option is a financial transaction in which the investor purchases the ability – but not a requirement – to buy or sell an underlying security by a specific date. Options trade in contracts and can be used with various secur