Analysis Business Checking accounts are a great way for businesses with higher daily balances to get all the convenient cash management perks and banking services they need, without having to worry about added fees.
A Mind for Detail’s work isn’t glamorous, but their story is. Scott Stone originally started the business over 20 years ago as a car detailing company to make some extra income so his wife, Cheryl, could stay home with their family. After learning that the detailing business wasn’t for him, he worked various jobs in the trucking industry while doing pressure washing on the side.
Finding a safe place to store extra money can be nerve-racking, especially during uncertain financial times. Luckily, certificates of deposit and money market accounts can be good solutions for those looking to get a little return on their savings without sacrificing safety.
These accounts seem similar at first glance, but there are some differences that are important to know about before investing. We’ll break down the details of a CD vs. money market account to make it easy to decide which one is right for you.