My savings strategy is to maximize earnings while having liquidity. After all, you never know what expenses are around the corner, and the last thing you want is to lock up your money in a long-term CD, where you'll have to pay the bank to access it. That's no good.
Arguably, the best option to achieve both is a no-penalty CD. As its name implies, you can store your money away, as no-penalty CD rates earn well above 4%, with access to your cash when you need it.
