How-to-Guide on How Money Management Accounts Works
Posted On: March 5, 2025 by CSE Federal Credit Union in: Budgeting, CSE, Education
How-to-Guide on How Money Management Accounts Works
1. What Is a Money Management Account?
A money management account (MMA) is a type of bank account that lets you save money while earning a bit more interest (or dividends) than a regular savings account. It’s a good place to put money you want to keep safe and grow, but still have available when you need it. Generally, a MMA savings rate isn’t as high as a Term Share Certificate or a Certificate...
A How-to-Guide on Your First Credit Card
Posted On: March 5, 2025 by CSE Federal Credit Union in: Debit & Credit Cards, Education
A How-to-Guide on Your First Credit Card
Getting your first credit card is an exciting step toward financial independence, but it’s also a huge responsibility. At CSE, we want to set you up for success with these essential tips:
The Do’s
DO: Pay on Time, Every Time
Your payment history is the single greatest factor that makes up your credit score. Even one missed payment can hit you where it hurts. Consider setting up an automatic...
