When it comes to protecting your money, you need to find the right bank or credit union to do the job! Holding your money in an account that is FDIC protected can mean that difference in losing everything and gaining everything. If you do not know which is the best decision to invest your money, …
If you have a checking account, most major banks and credit unions will provide you with a small overdraft line of credit. This is a loan that is used in case you do not have enough money in your bank account to clear a check or other transactions. The overdraft line of credit will prevent …
While opening a traditional savings account may be easy and something you do routinely when opening a checking account, there are a variety of other savings options available. One of these other savings options is a money market account. Here are some of the most important things to know about money market accounts and how …
Comparing Money Market Accounts To Traditional Savings Accounts Read More »
Money market accounts allow you to save funds on a more long-term basis and in return often offer a slightly higher interest rate return. Just about every financial institution will offer a money market savings account that you can use in addition to a traditional savings account. Here are some important things you should know …
While you know that creating a savings plan is important, you might still find yourself confused as to which option is the best. It can be difficult when you are looking to choose between an IRA, CD, and Money Market account. Without knowing a little about what each account type offers or doesn’t offer, the …