The co-op bookstore for avid readers
Book Cover for: High-Yield Savings Accounts vs. Standard Savings Accounts: We Should All Love Yield, Joshua King

High-Yield Savings Accounts vs. Standard Savings Accounts: We Should All Love Yield

Joshua King

Do you want to save your money in a bank account that pays 0.1%? That isn't enough money for anything?

I prefer to save my emergency fund in a high-yield savings account that pays 4.0% or higher.

Over 30 years, a $15,000 deposit in a high-yield savings account would become $45,000, while the same $15,000 would grow to $15,500 in a standard savings account.

The first step to financial freedom is following a strict budget. After that, you must save in a high-yield savings account to give every dollar a mission. Good Luck!

Book Details

  • Publisher: Independently Published
  • Publish Date: Mar 18th, 2025
  • Pages: 66
  • Language: English
  • Edition: undefined - undefined
  • Dimensions: 9.00in - 6.00in - 0.17in - 0.30lb
  • EAN: 9798314570340
  • Categories: Investments & Securities - General