0_Apprentice
I love finance, as weird as that sounds, it's like a game to me, especially money market accounts.
1_Wizard
Money market funds are very safe, pretty much the same as a bank account, but it offers much more returns
0_Apprentice
Absolutely, that's where you put your money if you want to make money off it. I practice churning to bring in extra money by moving money around.
1_Wizard
That is much better that putting it all in mutual funds, where fees and expenses can add up very quickly
0_Apprentice
Absolutely, that's like credit cards, people don't pay them on time and the interest gets them.
1_Wizard
There is way to borrow money and have a rate of return that beats the interest you have to pay, but not with credit cards
0_Apprentice
Absolutely, the safest way to use credit is to open a business credit card, they are a separate line of credit from your own and cannot affect your credit good or bad.
1_Wizard
Yes, because your credit is important for the future.  Banks do make calculations to figure out the risk of lending you money and then adjust your rate