Money market accounts offer a great way to grow your savings while keeping your money close at hand, but come with some restrictions. We take a look at some money market account pros and cons to keep in mind when choosing where to invest your savings.
7 min read
Should You Get a Home Equity Loan for Debt Consolidation
By Wasatch Peaks on October 26, 2023
Tapping the equity you hold in your home can be a great way to pay for major renovations, college tuition, and other big expenses, but did you know you can also use a home equity loan for debt consolidation? We take a look at the pros and cons of using your home equity to help pay down your high-interest debt.
4 min read
Certificate of Deposit Advantages and Disadvantages
By Wasatch Peaks on August 31, 2023
Certificates of deposit (CDs) can be an attractive investment option, offering many benefits such as fixed returns and higher interest rates than traditional savings accounts. However, there are a few potential downsides and it's essential to understand them fully before diving in.