comment ‘save’ for the bank i use that pays 10x more interest than a traditional savings account 💸
the bank i use is offering 4% APY, so yes… your money is finally getting a raise!! most traditional banks offer 0.01% apy which is honestly SAD.
just by moving our emergency fund from a regular savings account into a HYSA, that same money is now earning us enough in interest to cover two international round-trip flights ✈️
and btw this took us less than 5 minutes to open and deposit! it’s FDIC insured too.
also if you’re wondering why the number jumped from june to july… it’s because i finally moved my business savings into a higher-yielding business savings account too 💼
#saving #savingmoney #hysa #highyieldsavingsaccount #personalfinance bankaccount