Interest rates are down to record lows for all bank accounts, especially cd rates. Additionally consumers don't seem to be savings as much money. It seems that savings interest rates have gotten so low, people don't see the point in saving. People need to start saving more of their money. CD rates may be low, but it's better than losing money. You should start this month by putting some money into you savings account. The sooner you start saving, the easier it will be to continue saving.