Consolidation service is the name used by many of these companies to describe a service where by they will negotiate with your creditors. It's an especially useful service if you're not a home owner but you have debts that you can no longer manage. You simply let the bill consolidation service contact your creditors and agree lower monthly or weekly repayments on your behalf. There are very few industries that have as much complicated terminology and jargon as the financial markets and if you are going to make the grade you really will benefit from having a stock market dictionary at hand to refer to. It's not just the jargon and terminology either there are all the various abbreviations that are sprinkled around like confetti to think of as well. It does not take a lot of genius to understand that if you make Certificates of Deposit with high CD rates, you stand to save an appreciable amount. So, the main question here is how you can get high CD rates. It is really the question of only that because with Certificates of Deposit, your principal is assured by the government; you are never going to lose that. You do not have to stand in serpentine queues anymore to find out what s going on with your account. You are also saved from the travel that you need to make up to your bank, which closes at a particular hour to add to the miseries. Online savings accounts are open 24/7, so you even if you want to make a transaction at 2 in the morning, you can very conveniently do it through your computer, your laptop or even your mobile phone. It is important to remember that you are taking the existing balances of your bills and spreading them over the term of the new loan. Obviously you need to sit down with pen and paper and work out just how much that will add up to in interest. Will it be a worth while saving that you make each month on your existing repayments over how much you pay in the long term. One way which is becoming increasingly popular is to learn by attending seminars. These allow you to raise questions and get them answered by experts. Something that obviously just isn't possible from reading books, watching DVDs or listening to audio CDs. A number of brokerage houses put on regular training seminars for new investors.