Check-writing CD or MoneyMarket?

Question

My parents transfered sold shares to my Fidelity account before the New Year for tax reasons, and I'm going to be using the 10K to pay for my living expenses, as well as my schooling. What sort of Money Market could I put it in to gain interest, while I still write checks against it each month. Exactly 10K and it should last about 6-7 months. Still new to managing money, and had a hard time navigating the Fidelity website. Thanks in advance.

-Stifler

StiflersMom · Answer

My parents transfered sold shares to my Fidelity account before the New Year for tax reasons, and I'm going to be using the 10K to pay for my living expenses, as well as my schooling. What sort of Money Market could I put it in to gain interest, while I still write checks against it each month. Exactly 10K and it should last about 6-7 months. Still new to managing money, and had a hard time navigating the Fidelity website. Thanks in advance.

-Stifler

70-Six · Answer

i use charles schwab never a problem and great customer service.they have  high yield checking accounts currently 4%,free checks and no ATM fees.&#xD;&#xA;as always give them a call first or check it out online.

70-Six · Answer

that 4% is variable BTW

Check-writing CD or MoneyMarket?

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