Keep these tips in mind when you’re planning a home office:
- Be sure it’s ergonomically correct
- Find the optimal location
- Consider used office furniture
- Incorporate lighting, plants and sound
Pursuing short-term financial goals–those that you’d like to achieve within one to five years, such as a down payment on a home or car–can require a different strategy than pursuing long-term goals. At Discover Bank, you’ll find a wide range of accounts designed to help you reach those goals, including Discover Certificates of Deposit (CDs), Money Market Accounts, and Online Savings Accounts.
Regardless of which Discover account you choose, the following simple steps will help you save for your short-term goals.
Discover Money Market Accounts provide ready access by ATM, check or debit card1, yet offer competitive interest rates. These accounts work best for those who need to tap into their funds on an ongoing basis.
Discover Online Savings Accounts also offers high liquidity, but may be more appropriate for one-time goals – such as a down payment on a house. There is no minimum deposit to open a Discover Online Savings Account.
Discover CDs are interest-bearing deposit accounts with a wide range of maturities. In exchange for purchasing a certificate of deposit, you receive the return of principal plus interest at the maturity date, making Discover CDs an ideal vehicle if you want to set aside a fixed sum today for a goal with a specific investment horizon.
Of course, not all short-term savings goals involve setting aside money for a significant planned expense. You should also consider the benefits of saving money for unexpected expenses in an emergencies-only account. At Discover, you’ll find the CDs, Money Market Accounts, and Online Savings Accounts you need for your entire range of financial priorities, and all of your deposits are FDIC-insured to the maximum allowed by law.
Finally, remember that short-term financial objectives should not take away from saving for long-term goals.
Open a Discover Bank account online in minutes or call our U.S-based 24-hour Customer Service at 1-800-347-7000.
The article and information provided herein are for informational purposes only and are not intended as a substitute for professional advice.
1 Federal law limits certain types of withdrawals and transfers from savings and money market accounts to a combined total of 6 per calendar month per account. There are no limits on ATM withdrawals or official checks mailed to you. To get an account with an unlimited number of transactions, consider opening a Discover Cashback Debit account. If you go over these limitations on more than an occasional basis, your account may be closed. See Section 11 of the Deposit Account Agreement for more details.
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