Teach you four ways to save money with high interest rates that will last a lifetime!

Teach you four ways to save money with high interest rates that will last a lifetime! [1. Relay Savings] 12 Certificate of Deposit (one-year term), 36 Certificate of Deposit (three-year term), 60 Certificate of Deposit (five-year term)...

teaches you four high-interest saving methods that will last a lifetime! [1. Relay savings] 12 certificates of deposit (one-year period), 36 certificates of deposit (three-year period), 60 certificates of deposit (five-year period). 12 certificates of deposit (12 certificates per year). Starting from the second year, one certificate will expire every month, and the principal interest plus the newly invested money will be transferred. 36 certificates of deposit (higher interest rate for three-year period) and so on. Expert comments: Suitable for families with relatively stable income and no large expenses, and can obtain higher interest rates. [2. Interest rolling savings] If you have a large amount of idle funds, you can choose to deposit the money as a savings with principal and interest. After one month, withdraw the first month's interest on this deposit, and then open a lump sum savings account, and deposit the interest into it. In the future, you will withdraw the interest generated from the first account every month and deposit it into the lump sum account. In this way, not only the principal deposit and interest saving will get interest, but also the interest will be obtained after participating in the lump sum savings. Expert comments: Even if you choose lower-risk savings, you should try your best to make every penny roll over, including interest, to maximize your returns as much as possible. [3. Separate savings] Suppose you have 10,000 yuan in cash, divide it into 4 parts of different amounts, namely 1,000 yuan, 2,000 yuan, 3,000 yuan, and 4,000 yuan, and then deposit these four deposit certificates into one-year time deposits. Whenever you need money within a year, you can withdraw the deposit certificate that is close to the required amount. This will not only meet your money needs, but also maximize your interest income. Expert comments: This method is suitable for small idle funds that are expected to have money within a year, but are not sure when to use it and how much to use at one time. Not only will the interest be much higher with the separate savings method, but the loss will also be minimized when withdrawing. [4. Step Savings] Suppose you have 50,000 yuan in cash, which can be divided into five equal parts, and you can open one-year, two-year, three-year, four-year, and five-year certificates of deposit. After one year, when the newly deposited money matures, it will be changed to a five-year term. After two years, when the 10,000 yuan matures, it will be changed to a five-year term. By analogy, the last maturity after five years will also be changed to a five-year term. After that, money will mature every year, all of which will earn high interest. Expert comments: This method is more suitable for families with regular and planned living expenses to keep your life in order.