Don't let your savings languish in a low-yield account. Here's how you can earn significantly more today.
"Ultimately, opening a high-yield savings account is worth considering for consumers who want to earn more money on their savings and have access to their funds when needed," says Jamie Lima, MBA, CFP, CDFA and founder and president of Woodson Wealth Management."With their higher interest rates, flexibility, ease of use and low-risk nature, high-yield savings accounts can be a valuable addition to any consumer's financial toolkit.
Just be sure to do your research to find the best one for you. Compare not only interest rates but also minimum balance requirements, fees and other terms. Then, you can sit back and watch your money grow faster!
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