APY, or Annual Percentage Yield, is an important term to understand if you want to maximize your money’s growth potential. It measures the interest earned on a financial product or account over one ...

Depositing money to a savings account can help you prepare for rainy days. You could also grow your money if you’re earning compound interest on your balance. One thing to consider when comparing ...

When you're shopping for a financial product like a savings account or CD, it can feel like you have to learn a new language to make sense of your options. Banks love to toss around terms like "APY" ...

Toni Husbands was a staff writer with CNET Money. She began writing about personal finance to document her experience paying off $107,000 of debt, which is detailed in her book "The Great Debt Dump." ...

Perhaps you recently moved $10,000 out of the stock market or away from an underperforming investment, or maybe you tucked that money into an emergency fund. Either way, you need that money to keep ...

An annual percentage yield, or APY, is the rate of return on money in a bank account. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. If you have a savings or ...