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A Note From Kelly Anne:

The holiday season is in full swing. Though this time of year is marked by celebrations and stocking stuffers, it’s also a time when many give back to their communities. This week, we’re breaking down the dos and don’ts of charitable giving—and how it could help you save on your tax bill next year.

Best,

Kelly Anne

Senior Staff Writer

Consumer Finance

Your Guide To Charitable Giving For The 2022 Holidays

Charitable giving is one of the many ways Americans can help those who find themselves in less fortunate positions. If you’re among those who want to give back during the holidays, you’ll want to make sure your dollars make the biggest impact possible.

Charitable giving can range from donating to nonprofits, contributing to crowdfunding campaigns or shopping at your favorite local businesses. But before you make a contribution, make sure you fully vet each potential donation carefully.

If you want to donate to a nonprofit, online databases like Charity Navigator and GuideStar can help you find legitimate charities with strong financial transparency. If you’re considering donating to a crowdfunding campaign, proceed with caution—you can’t always verify who you’re sending money to, or whether they will actually use the funds as they claim they will.

And while giving back is rewarding in itself, Uncle Sam may reward you, too. Those who itemize their deductions on their taxes can deduct donations to qualified charities, which can help lower their overall tax bill.

Happy giving.

Best CD Rates Of November 2022

Banks and credit unions offering the best CDs pay a high APY (Annual Percentage Yield) or dividend rate relative to the national average. They also maintain reasonable minimum deposit requirements and favorable compounding schedules. We look at the best banks and credit unions for certificates of deposit and the best CD and certificate rates by term.

Best CD Rates for November

CD Calculator: How Much Can You Earn With A Certificate Of Deposit?

If you’ve ever shrugged off certificates of deposit, they’re worth your attention thanks to today’s rising interest rates. CDs are “time deposit” savings accounts that require you to lock away your money for a fixed period. In exchange, you earn a fixed return on your principal investment—and those returns are becoming more attractive as rates rise.

CD Calculator

Use this CD calculator to see how much interest you'll earn based on your APY and initial deposit.

Here’s what else you should know
this week

Holiday Tipping Guide For Post-Pandemic Life

Post-pandemic tip fatigue, the threat of a recession and ongoing Covid concerns might complicate the dynamics of consumer generosity. Our guide can help you decide how much to tip—and what to do if money is tight.

Ask The Contractor: Things To Know About Holiday Decorating On A Budget This Year

Inflation is still high, which means decking your halls will be more costly this year. We spoke with our resident contractor about the best ways to save on your holiday decor.

3 Ways To Embrace Conscious Gifting This Year

If you’re feeling burned out by the consumerism of the holiday season, consider gifting more meaningful presents instead. Our guide to conscious gifting teaches you how to spend your holiday shopping money with intention this year.

Debt Consolidation Loan Vs. Balance Transfer Credit Card

A balance transfer card can be a powerful tool in your debt-busting arsenal. A 0% APR offer on a credit card can save money by having all of your payments during the intro period go towards knocking out the principal balance instead of some being siphoned away to pay interest charges.

Best Balance Transfer Credit Cards

2022's Best Debt Consolidation Loans For Bad Credit

A debt consolidation loan can be a smart way to streamline your monthly debt obligations and get out of debt faster. However, this debt reduction strategy isn’t right for everyone. And if you have bad credit, qualifying for a debt consolidation loan with an attractive interest rate could be a challenge.

Minimum credit score

560

APR range

7.46% to 36%

Loan amounts

$1,000 to $50,000

Sponsored Content

Chase Sapphire Reserve^®: Dining Perks To Tempt Your Tastebuds

If credit cards could earn Michelin stars, Chase Sapphire Reserve would shine brightly. The card’s rewards on dining purchases are just the first course in a multi-course menu of benefits. With exclusive access to dining experiences and an array of travel benefits to take you wherever your tastebuds desire, Chase Sapphire Reserve^® dishes out a smorgasbord of perks to satisfy anyone who appreciates a good meal.

Aura vs. LifeLock: 2022 Comparison

Aura is an identity theft protection service rated No. 1 by Security.org for best identity monitoring features¹. The all-in-one platform monitors each user’s identity, accounts and passwords. It then sends an alert if it identifies any issues. Aura’s password manager also makes it easy to keep track of login credentials and users receive an alert if a password is compromised.

Ranked #1 by Security.Org and IdentityProtectionReview.com. They may be compensated as a marketing affiliate of Aura, but their ratings are all their own.

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