A money market account is a great way to save up money and gather more interest on it than you will with a traditional savings account. Money market accounts offer a great advantage as the interest rate often pays about 3 times higher from a traditional savings account, allowing you to earn more money as long as you continue to contribute. Money market account interest rates are subject to change at any time, which is why it is important to research the best rates and find one that will pay you … [Read more...]
The Pros And Cons To Money Market Accounts
A money market account allows you to deposit money and earn a higher interest rate than you would if you invested money into a traditional savings account. Money market accounts are commonly considered short-term investment options and great places to store emergency cash. In order to use a money market account correctly you will need to agree to the terms and conditions which may include details pertaining to a minimum monthly balance amount and only having 6 or less withdrawals per month. … [Read more...]
Unemployed? Looking for a new job? Try a Temp Agency!
If you are unemployed or looking for a new job, the solution may be much easier than you think. A temporary agency can take the stress out of looking for that new career. In today’s world, jobs are much less secure than the jobs our parents held. We can expect to be laid off one to two times in our lifetime. Some of us have already been there. But it is not just for unemployment. It is also difficult to break into the workforce after college. It also could be that you unexpectedly have to move … [Read more...]
How Does a Money Market Account Work?
Anyone hoping to save a lot of money and gain a lot of interest needs to consider opening a money market account. Money market accounts are similar to savings accounts but the interest rate is much higher and there are other stipulations as well including the following:· Higher minimum balance requirements (typically $1,000 deposit is required to open the account).3 to 6 withdrawals per monthATM withdrawls are unlimited3 checks can be written per monthSome banks will offer debit card … [Read more...]
Proper Management of Credit Cards
Credit cards are necessary to help you establish credit so you can get future loans like car loans and mortgages. However, the problem with credit cards is that you can cause a lot of financial damage to yourself if you are not careful with credit cards and you do not learn how to properly manage them. Instant Gratification The problem with credit cards is that they send out the wrong message as they sell people on “buy now, pay later.” You have to be careful with credit cards as the interest … [Read more...]
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