» Money Market Accounts

  • Sallie Mae Money Market
    Written by No Comments Updated: October 1, 2011

    A money market account is a great Sallie Maeinvestment option for money you want to be able to access at any time.  The drawback of money markets is that they usually don’t get as good of interest rates as CDs or other investment options would.  But, with the Sallie Mae money market account, you will be guaranteed the benefits of a money market account with higher interest rates.

    The Account

    According to the comparison charts, the best rates being offered for money market accounts are currently around one percent, but the Sallie Mae money market account is offering even higher at 1.10% for your money. … » Read more

  • Money Market or Savings Accounts
    Written by No Comments Updated: August 2, 2011

    The debate of money market vs savings account continues. When should you use which? Well, saving money is a little like losing weight.  It seems to make the list of every New Year’s resolutions, but then can be forgotten about or already broken six weeks later.  When it comes to saving money, being diligent is the key and there are two accounts that can help you reach your goal, savings accounts and money market accounts.  Both are set up as ways to help you save money, but the accounts are slightly different.

    Difference and Similarities

    Money market and savings accounts are offered by most all of the top banks

  • Money Market Accounts or CDs?
    Written by No Comments Updated: July 28, 2011

    Anytime money is involved, we want to be as cautious as we can.  It takes a lot of work to get money, but with a bad investment, it can all be gone in the blink of an eye.  Feeling knowledgeable when it comes to your money can be your best resource to help you know where and how to invest money.

    Taking Risks

    When you are just staring out investing your money, it is OK to take a risk every once in a while.  If an investment you choose goes bad and you lose part or all of your money, you will at least have time on your side to be able to save more money.  The older… » Read more