u/Ambitious-City9037

Question about MMA vs Savings

I have had the MMA for a while and have been stacking money in there. I plan to get my emergency funds up to a certain dollar amount in that account and then let it sit.

Now though, I’m working a seasonal job that pays well and will have 5 months off where I will pick up fun part-time work.

After my emergency fund reaches the dollar amount I’m shooting for, I was playing around with opening a savings account through them to put away money for my 5 month down time.

My question is: for that second account where I store money for the off season, should I be storing that money in a savings or a mma? My plan for the emergency fund is to let it sit, while spending out of the other account in the off season

I guess my question is, is it smarter to have my emergency fund sit in an ally savings account or a MMA account? Additionally, should I have the 5 month off season money be in a MMA or an ally savings account?

Thanks

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u/Ambitious-City9037 — 11 days ago

Never rent from principle property management

Their units are riddled with mold. They do not respond to maintenance requests. They are charging hours of cleaning on spotless apartments and not returning any security deposit. I was charged $500 for carpet cleaning. I contacted the company who they claimed cleaned my carpet and made me aware they have not cleaned my apartment since 2024.

They are deleting negative Google reviews so here I am

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u/Ambitious-City9037 — 2 months ago