Interest rates affect many of Americans’ financial moves, yet you might not really know how they work. You’re probably most familiar with interest rates as the figure that makes your credit card bills ...

CDs are a low-risk investment option that allows your money to grow at a fixed interest rate over a specific period. If you’re considering opening a certificate of deposit (CD) or already have one, ...

Save consistently, avoid debt, automate savings, invest wisely, grow your income, and resist lifestyle inflation.

When you borrow money, you’ll also pay interest on top of the amount you borrowed.. Interest is the money the lender gets for loaning you the money. Read Next: 5 Subtly Genius Moves All Wealthy People ...