When it comes to saving money, there are a few different options to choose from. One popular choice is a money market account, which typically offers a higher interest rate than a savings account. However, money market accounts typically have a higher minimum balance requirement and may have restrictions on how often you can access your funds.

Certificates of deposit (CDs) are another option, and offer a fixed interest rate for a set amount of time. CDs typically have a longer maturity than money market accounts, and may have a higher minimum deposit requirement.

Finally, there is the traditional savings …