A money market account is an account that bears interest over time. It has features of both a savings and a checking account, but generally with higher interest rates and less flexibility. Because the ...

Compound interest is commonly described as "interest earned on interest." Compound interest can work to your advantage as your investments grow over time, but against you if you're paying off debt, ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

CDs are a low-risk investment option that allows your money to grow at a fixed interest rate over a specific period. If you’re considering opening a certificate of deposit (CD) or already have one, ...

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