A money market account can allow you to combine the best features of a checking account and a savings account.
Not sure if this combination is right for you? Let’s dive into the details of a money market account to help you decide on your own…
Calculating net worth and liquid net worth can provide two valuable snapshots of someone’s financial health. Both look at what someone owns and what they owe. Both can help measure how someone’s progressing towards their goals.
But while net worth offers a more panoramic view — taking in all…
Of course, you want some return on your money, but yield is not the first consideration. You should be looking for a very safe place to put your money, with a high degree of liquidity and minimal investment expense, says Kent Grealish, a fee-only investment planner at Grealish Investment Counseling in San Mateo, California. The return on your investment might be a factor, but it’s lower on the list in the short term.
It’s exciting to have money. But as the saying goes — with great power, comes great responsibility. And in a capitalistic society, money is extremely powerful as it’s how we pay for the goods and services required for everyday life.