A money market account trades in bank instruments called “paper”, such as Treasury bills, Banker’s acceptances, certificates of deposit, bills of exchange which all trade in a period of less than a year.The money market is trades at the interbank level where banks...
Times are getting tougher in the face of rising fuel costs and the weakening rand. Cutting back on expenses is a matter of attitude in the household where little savings on different expenses can make a big difference collectively. Here are some ideas on...