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Woman cutting grilled beef on a table setup for the holidays

Q: It’s my turn to host my family for the holidays. How can I entertain the crowd without spending a fortune?

A: Hosting a holiday meal is one of the stressful parts of any holiday. Sure, it’s great to help everyone get together under one roof as part of a fantastic tradition. Fortunately, it’s possible to be a great host and a great saver at the same time.

Picture of the outside of a large home with a Reflex blue overlay.

As you pay down your first mortgage or the value of your home increases, you develop equity. When you have equity built up in your home, borrowing against it with a home equity loan is a great way to tap into the money when you need it most.

Young couple holding cash and smiling while hugging

A share certificate is a federally insured savings account with a fixed dividend rate and a fixed date of maturity. The dividend rates of these accounts tend to be higher than those on savings accounts and there is generally no monthly fee to keep the certificate open.

Aside from the higher dividend rate, share certificates differ from savings accounts in the more limited accessibility of the funds within the account. A typical certificate will not allow you to add any money to the certificate after you’ve made your initial deposit.

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