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The Federal Regulations of Money Market Accounts

There are important federal regulations that affect money market accounts. If you are researching money market accounts, it’s important to be aware of these regulations.
Classification of Money Market Accounts
The federal government classifies money market accounts as savings deposit accounts. There’s a key difference, however, between money market accounts and savings accounts. You are permitted [...]

Financial Growth with High-Yield Money Market Rates

Typically it’s possible to find the best money market rates when you look for high-yield money market accounts. High yield money market accounts offer the best money market rates because they offer variable rates. Here’s a handy guide to these accounts and the best way to navigate the difficult waters of high yield money market [...]

Student Debt on the Rise

Congratulations recent graduate!  Your prize for four years of hard work is on average $23,200 in student loan debt (not including the debt that your parents are assuming) and a very difficult time to find a job!  Woohoo - time to celebrate!
In all seriousness, student loan debt is on the rise and there is not [...]

21 ways to go green on a budget

Vanguard has a nice article within it’s Planning and Education section of its website that presents “21 ways to go green on a budget.”  Keeping with my prior “green” theme, I figured this would be an interesting and relevant bit of information to share with our readers.
Most people think that “going green” has to come [...]

Bank On North Carolina

The Bank On North Carolina program is a project of State Treasurer Janet Cowell and Banking Commissioner Joe Smith.  “Bank On North Carolina is a program designed to help families make better use of financial services to convert their wages into wealth.  With an initial focus on connecting qualified “unbanked” households - those without any [...]