Dave Ramsey

Choosing Between a Money Market Account and a High Yield Savings Account: What You Need to Know

When it comes to managing your savings, especially after taking the first steps towards financial freedom, understanding where to put your money is crucial. If you’ve recently completed Baby Step One of the Ramsey plan and are ready to dive into Baby Step Three, you might be wondering whether a money market account or a high yield savings account is the better option for your emergency fund. Let’s break it down.