HomeBusiness CenterMoney ManagementShort-Term Savings Options
Short-Term Savings Options

1) Bank savings account

  • No risk/very low return
  • No early withdrawal penalty
  • Deposits insured

2) Money market funds

  • Very low risk/low return
  • No early withdrawal penalty
  • Deposits insured

3) Certificate of Deposit (CD)

  • No risk/higher return
  • Early withdrawal penalty
  • Deposits insured

4) Short-Term Bond Fund

  • Low risk/higher return
  • No early withdrawal penalty
  • Deposits not insured

This handout was produced by Think Small (www.thinksmall.org).

For Tom’s entire publications visit: NAFCC Store (NAFCC members receive a discount)

Tom Copeland This email address is being protected from spambots. You need JavaScript enabled to view it.   Phone: 801-886-2232 (ex 321)

Facebook - http://www.facebook.com/tomcopelandblog

Blog - http://www.tomcopelandblog.com

"Become a member of the National Associaton for Family Child Care, (http://www.nafcc.org/) and receive monthly business e-newsletters, discounts on books by Tom Copeland, IRS audit help, and much more."

Login Form



Go to top