With upcoming rate cuts, it's essential to know where to maximize your savings.
The Federal Reserve cut rates in September and is likely to do so again, following a significant cooldown in hiring, with only 27,000 jobs added in the last four months.
Rate cuts can stimulate employment by lowering borrowing costs for companies, but savers must navigate a future with lower returns.
For those with significant cash ($10,000 or more), there are smart options to consider for safe storage.
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Author's summary: Maximize savings with smart investment options.