Why Money Market Accounts Are a Smart Place to Stash Your Savings
When you hear the words bank account, you may think of two things: achecking accountand asavings account. But heres a different option you may not have heard of: money market accounts. What Is a Money Market Account? A money market account is like a cross between a savings account and checking account. Its like a savings account in that its primary purpose is to, well… save money. A money market account typically earns more interest than a typicalsavings or checking account....