When you save money, one of the least productive things you can do is just allow it to sit there. That money should be working for you, earning you even more money. There are a few ways you can do this, but which way might be best for you?

In her latest #FinanceFriday video, Anna Manukyan, Senior Director of Education and Creative for Ulta Beauty, explains the differences between two great ways to grow your savings: certificates of deposit and high-yield savings accounts. See the video below:

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Originally posted on Modern Salon