Not only is opening an online money market account a quick process but the amount of interest earned in a money market account is much higher too. Although the minimum deposit and minimum balance are significantly higher in some banks for a money market account than those of a regular savings account, money market accounts are a popular option for those aiming to save money for a rainy day.

A bond fund, or a debt fund, is a fund that invests in bonds or other such debt securities. Like stock and money funds, bond funds pay regular monthly dividends like interest on securities and on invested capital appreciation. Examples of bond funds that pay monthly dividends are Vanguard International High Dividend Yield Index, Fidelity Equity-Income, and  Fidelity Strategic Dividend & Income.

Real estate investment planning is one of the oldest and most popular means of earning money. It is also a great long-term strategy to ensure financial stability, as it acts as a hedge against inflation and other economic crises. Since property prices usually appreciate with time, one can earn huge profits upon selling it in the future.

Saving up for our loved ones is what we work for our entire lives, just so that we can ensure their security even when we are not around. However, the age-old method of leaving behind money in a treasure box is long gone and the age of life insurance has made a huge impact on investment planning.

You know that you are in a tough spot when the month is drawing to an end, last month’s earning’s have come to a dwindling end, and your finances are now hitting an all-time low. Your predicament, hence, is only compounded when you realize that your credit score is just a few points shy of the threshold that lenders use to gauge your repayment history.

With the rising economy, surviving each passing day has become a matter of money, so much so that the normal income doesn’t suffice the needs of a family anymore. It is important that one invests this income for it to grow, and investments and expectation attached to them have found a place in this world.