Sentences with phrase «bearing liquid account»

That money under your mattress (or preferably, in an interest - bearing liquid account) is your self - funded insurance against risks.

Not exact matches

Investing in less liquid items that grow on their own, like stocks, bonds, interest bearing accounts... these are much more efficient ways to build wealth.

They should also set aside dollars in a liquid, interest bearing savings account for emergencies, like an unexpected job loss or medical bills (three to six months» worth of living expenses is widely recommended), and more immediate financial goals, like buying a car, purchasing a home or saving for their child's education.

Try investing in a short - to - medium - term interest - bearing account — even a 24 - month CD will do — and when the funds become liquid for withdrawal, take your compounded earnings and front them towards your debt repayments.