ONLINE SAVINGS ACCOUNTS VS. MONEY MARKET ACCOUNTS
The most appealing characteristic of money market accounts is that they pay a higher interest than checkbook savings accounts AND you can get your money out at any time with no penalty. They are a place to park money for short or long periods of time while you decide what you want to do with [...]
ONLINE SAVINGS ACCOUNTS WITH ING DIRECT
Do you have a savings account that is connected to your checking account? If you do, any money in it is probably earning a sad one tenth to one quarter of a percent. Yes, that’s right, a whole .001% to .0025% which is in my book the same as nothing. There is no doubt that [...]