Hello Project HOPE friends, good day everyone. Today I want to tell you something I was discussing yesterday with a neighbor, and which I found interesting, especially because it's a topic we sometimes overlook: money, not in the sense of spending it, but rather **protecting it**, especially in these times when things are so uncertain. It turns out he was telling me about the famous CDs, and although I'd heard about them before, I hadn't paid much attention until I started doing a little more research. For those who don't know, a CD is a **Term Deposit Certificate**. Basically, you take your money to a bank and leave it there for a certain amount of time. When that time expires, they return it to you along with some interest, which they pay you for leaving it there. The curious thing is that these interest rates in Colombia are currently at quite striking levels, between 9% and 10% annually. And I don't know about you, but that's no small feat. https://cdn.pixabay.com/photo/2017/07/31/11/05/bills-2557263_1280.jpg _{[Source](https://pixabay.com/es/photos/facturas-dinero-divisa-2557263/)}

If we compare it to inflation, which according to DANE is around 5%, the CDT is winning the race. In other words, not only does your money not lose value, but it also earns you a real profit. And that, honestly, is gold in times of crisis, because many are just keeping their money at home or in savings accounts that earn almost no return. So, why not consider this option? Of course, it's not about getting rich overnight, but rather about finding ways to maintain whatever little or much you have. I see it as a simple and hassle-free way to better organize our finances. You don't need to be an economics expert or spend all day glued to your phone looking at charts; just get informed, compare options between banks, choose the term that suits you best, and that's it. https://cdn.pixabay.com/photo/2017/09/07/08/54/money-2724241_1280.jpg _{[Source](https://pixabay.com/es/photos/dinero-moneda-inversi%C3%B3n-negocio-2724241/)}

If we compare it to a savings account, where you don't even get 1% interest, it's clear that CDs are a very good alternative, **don't you think?** I don't know about you, but right now, any little bit helps. So here's this idea, in case you're also looking for safe and easy options to protect your savings. Best regards, and have a great day!

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