Article updated on Sep 11, 2024
You're missing out on money if you don't do these things before Fed Day.
Why You Can Trust CNET Money
Our Experts
Written by Joshua Rodriguez Expert Reviewer Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, insurance and more have been featured on US News & World Report, CBS News, Yahoo! Finance and other publications. He enjoys spending time with his wife, son, daughter, three dogs and three bunnies when he’s not writing or teaching.
Edited by Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives. In her free time, she enjoys binging podcasts, scouring thrift stores for unique home décor and spoiling the heck out of her dogs.
CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.
Reviews ethics statementOur Experts
Written by Joshua Rodriguez Expert Reviewer Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, insurance and more have been featured on US News & World Report, CBS News, Yahoo! Finance and other publications. He enjoys spending time with his wife, son, daughter, three dogs and three bunnies when he’s not writing or teaching.
Edited by Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives. In her free time, she enjoys binging podcasts, scouring thrift stores for unique home décor and spoiling the heck out of her dogs.
CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.
Reviews ethics statementWhy You Can Trust CNET Money
Table of Contents
- 5 smart money moves to make ahead of the Fed's September rate cut
- Open a certificate of deposit
- Open a high-yield savings account
- Hold off on big purchases
- Pay down debt
- Consider refinancing your mortgage
An isolated photo of a pink envelope with fifty dollars bills inside. The bills are spread out like a fan.
Maria Forbes / Getty Images
Written by
Joshua Rodriguez
Expert Reviewer
Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, insurance and more have been featured on US News & World Report, CBS News, Yahoo! Finance and other publications. He enjoys spending time with his wife, son, daughter, three dogs and three bunnies when he’s not writing or teaching.