Difference between Savings account and CD account? / How to build a CD Ladder

Today's video is all about what's the difference between Savings account and CD account, and how to build a CD ladder to boost your savings!
You probably know about the existence of different types of savings accounts, like high yield savings account and certificate of deposit, but why would use use one over another one? And what is a CD account anyway? I will explain what is a CD account as well as the difference between Savings account and CD account, and then I will show how to build a CD ladder to maximize CD returns. I wanted to make the CD ladder explained all in one video, so you could make sense of what is CD bank account, as well as how does CD laddering work all at once. I think, if you decide to go with the CD laddering strategy, that's the best way to use it vs high yield savings account that's more suited for people who need an option of easy access to their savings.

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