Remember when savings accounts felt almost irrelevant? Well, those days are gone. Interest rates have climbed, and now even simple savings accounts can earn you a decent return.
Today we’re talking about what your savings account could mean for your financial goals — and the exciting part? Your emergency fund can actually make money for you now.
Be proactive, check out the options, and let’s make your money truly work for you.
Anna’s Takeaways:
- Understanding The Importance Of Having A Savings Account (1:31)
- Where To Start With Your Savings? (4:28)
- High Yield Savings Accounts Are Paying Over 5% Interest (6:00)
- How To Choose A Savings Account (9:26)
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Money Boss Parents! Welcome to Anna’s Money Boss Parent podcast, your go-to resource for mastering money management while raising a family. Join me as we explore practical tips, expert insights, and inspiring stories to help you achieve financial success and create a brighter future for your loved ones. Don’t forget to subscribe, rate, and review the show to support our mission of empowering parents like you to take charge of their finances and build a prosperous life for their families. Let’s thrive together on this incredible journey!
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Article – High Yield Savings Accounts are offering around 5%. How long will this last?
CIT Bank –5.05%
Vio Bank High Yield Online Money Market Savings – 5.25%
Synchrony High Yield Savings – 4.5%
Ally.com – 4.25%
Transcript
Hey money boss, parents, Anna's here. And welcome back to the money boss, parent podcast. I am excited to chat with you today because something has really been catching my eye. And I cannot tell you enough. How many conversations I've had with clients over the last probably five months, six months, I
Anna Sergunina:e, it was as long as probably:Anna Sergunina:r, which was like in early in: