When it comes to saving and investing, both Savings and Credit Cooperative Organizations (SACCOs) and Money Market Funds (MMFs) offer unique benefits. Understanding the differences between these two options can help you make an informed decision about where to put your money. Here’s a detailed comparison to guide you. Liquidity One of the primary factors to consider when choosing between a SACCO and an MMF is liquidity. Money Market Funds (MMFs) High Liquidity: Your savings in an MMF are highly liquid, allowing you to withdraw your money within 2-3 days.…
