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Macho Money Definitions - What Is A CD?
Image: – – Macho Spouse
If you hear someone use the letters “CD,” they are abbreviating the term “certificate of deposit.” And according to Investopedia, a CD is A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term of a CD generally ranges from one month to five years.
It can get a bit confusing, but for a more clear explanation with examples, click on the video and listen to Scott Halliwell from USAA.
AFI Army Spouse of the Year, Reda Hicks, propses a toast to all military families! Raise a glass of your favorite beverage (not water because that's bad luck), take a "selfie," and upload it to Twitter and/or Facebook with a message as to why you are thankful for military families. Tag your message with #gratefulnation so we can collect all your images and share!
November is Military Families Appreciation Month, and the 2014 Armed Forces Insurance Branch Spouses of the Year (Branch SOYs) want to help everyone, everywhere participate in thanking and honoring military families.
Americans love our military, but many people don't quite know how best to express their gratitude. As National Guard Spouse of the Year Dr. Ingrid Herrera-Yee notes, “saying "thanks" to our military families is something that many want to do, but are at a loss as to how to do it –or in the case of Guard and Reserve, how to find us!”
So the Branch SOYs created #30Ways of Thanks to help. Each day in November, the Branch SOYs will release a video with an action item that people around the country can participate in virtually or locally, individually or in groups. Participants can hash tag #30Ways so that their messages, photos, or videos are spread far and wide. Hash tags #GratefulNation and #MilFamsRock can also be added as a short-hand way to say “You are amazing, military families!” Best of all, the entire #30Ways video collection will be stored on the Branch SOYs' YouTube channel so that it can be repeated in Novembers to come, or whenever someone is looking for a way to say “thank you” to military families.