[Brittanie Pyper]

We have a good amount of savings that we currently have in a money market account. It accrues interest but I wonder if there are any better alternatives? We don’t want our savings tied into something we cannot borrow or take out in case of an emergency. However, we’d love to see our money grow while it isn’t being used. Any great savings options?

[Sum180 Lead Coach]

For money you are planning to use within the next few years, a low cost short-term bond fund (Treasury or high quality corporate), like they offer at Vanguard or Fidelity, would have the chance of offering better returns (no guarantees, of course).

[Sum180 Lead Coach]

For money you are planning to use within the next few years, a low cost short-term bond fund (Treasury or high quality corporate), like they offer at Vanguard or Fidelity, would have the chance of offering better returns (no guarantees, of course).