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I apologize if this is the wrong sub to post this in, please direct me to a better sub if that's the case, I just really need advice.

I'm trying to save for grad school and recently received a 6k inheritance. My plan was to put 4k in a CD (I have some problems with impulse spending, so not being able to touch it for X amount of time helps.) I was advised to put the other 2k in a money market account so that I could still have access to it in case of emergencies, but it has a higher interest rate than like a normal savings account.

Is an MM account worth it? Are there better ways to save/invest? I just want to make sure I'm making the best choices for my future.



Submitted July 23, 2023 at 01:27AM by agentlastwish https://ift.tt/Ds1HZ3o

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