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“`html Should I Put My Emergency Fund in a CD? Having a robust emergency fund for unexpected expenses can give you the confidence to face life’s financial challenges. But where should you put your emergency money? Security is key, but…
“`html Where to Put Your Money During a Recession You may be hearing chatter about a possible recession. This is usually defined as at least two consecutive quarters of negative gross domestic product (GDP) growth. During a recession, unemployment tends…
“`html How Do Money Market Accounts Work? Money market accounts are interest-yielding bank accounts known for their liquidity. They provide easy access to your money while your balance earns interest in the background—sort of like a checking and savings account…
“`html Can You Lose Money in a Money Market Account? Money market accounts are generally considered safe, low-risk investments. They function similarly to savings accounts but often come with a debit card or checkbook for easier access to your funds.…
“`html Understanding Money Market Accounts Money market accounts are unique deposit accounts that combine features of both savings and checking accounts. They offer the attractive interest rates of high-yield savings accounts while providing easier access to your funds, similar to…
“`html Understanding Share Certificates A share certificate is the credit union equivalent of a certificate of deposit (CD). These financial instruments offer higher interest rates than traditional savings accounts and provide a secure place to store your money. However, accessing…
