Are you looking to grow your money with little to no risk? Having a stock portfolio is great and can certainly help you build wealth, but it can be unpredictable, especially in volatile economic times. If you want a guaranteed return on your savings, consider a CD, or Certificate of Deposit.

Anna Manukyan, Ulta Beauty's Senior Director of Education and Creative, loves sharing her financial expertise with the beauty industry. In her most recent #FinanceFriday video, she explains how CDs work and how this savings tool can be beneficial for you. See the video below:


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Originally posted on Modern Salon