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Tag: money market

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Compound Interest, the 8th Wonder of the World

  • Posted on June 19, 2020March 31, 2023
  • by BrightDime

You’ve heard of the 7 wonders of the world; places like the Taj Mahal, the Roman Colosseum, and the Great Wall of China. But do you know what the 8th…

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  • Glossary

FDIC

  • Posted on October 15, 2019July 26, 2022
  • by BrightDime

The FDIC (Federal Deposit Insurance Corporation) insures deposits of account holders at financial institutions against the failure of the institution. The insurance is paid for by the financial institution and…

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  • Uncategorized

Choosing The Best Account for Saving Your Money

  • Posted on December 21, 2018August 19, 2022
  • by BrightDime

When considering a savings vehicle, it’s important to find an account that matches your needs and keeps your money secure and accessible in case you need it quickly. Think about…

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  • Glossary

money market account

  • Posted on November 30, 2018July 26, 2022
  • by BrightDime

A money market account combines some of the features of checking and savings accounts by offering limited check writing, a debit card and usually a higher interest rate than a…

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