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Savings

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Leaving $10,000 in a Bank of America Savings Account Could Cost You Over $400 a Year
by User0 comments
13Ago

Leaving $10,000 in a Bank of America Savings Account Could Cost You Over $400 a Year

I learned this lesson the hard way. For years, I had a big chunk of my “emergency fund” sitting in an old-school savings account earning — brace yourself — 0.01%
AccountAméricaBankCostLeavingSavingsYear
Here’s Why Americans Are Moving Their Savings Out of Big Banks This Summer
by User0 comments
12Ago

Here’s Why Americans Are Moving Their Savings Out of Big Banks This Summer

I had my traditional Wells Fargo savings account for over 15 years — but a few months ago, I finally made a switch (it was a long time coming). Now,
AmericansBanksBigHeresMovingSavingsSummer
Sticking With a Wells Fargo Savings Account Could Cost You $5,000 Over the Next Decade
by User0 comments
08Ago

Sticking With a Wells Fargo Savings Account Could Cost You $5,000 Over the Next Decade

I research and write about banks for a living. And there’s one painful truth I see over and over again with traditional savings accounts: the interest rates are shockingly low.
AccountCostdecadeFargoSavingsStickingWells
The High-Yield Savings Trend Is Exploding — Don’t Miss Out
by User0 comments
01Ago

The High-Yield Savings Trend Is Exploding — Don’t Miss Out

If you’re still earning 0.01% interest in an old checking or savings account, you’re losing out on serious money. Some of today’s top high-yield savings accounts (HYSAs) are paying around
DontExplodingHighYieldSavingsTrend
I Left My Big Bank — Here’s How My Savings Took Off
by User0 comments
26Jul

I Left My Big Bank — Here’s How My Savings Took Off

Most banks make it hard to actually grow your money — between low rates and endless fees, it feels like you’re paying them to hold your cash. After testing credit
BankBigHeresLeftSavings
$10,000 in Savings Earns $1 at Bank of America, but $390 at This Bank
by User0 comments
23Jul

$10,000 in Savings Earns $1 at Bank of America, but $390 at This Bank

This one still gets me. If you’ve got $10,000 sitting in a savings account at Bank of America, you’re probably earning about $1 a year in interest. One. Single. Dollar.
AméricaBankearnsSavings
This Is How Much You Can Make With $20,000 in a High-Yield Savings Account
by User0 comments
19Jul

This Is How Much You Can Make With $20,000 in a High-Yield Savings Account

High-yield savings accounts (HYSAs) earn far more interest than average — especially when you have a decent amount of money saved up. Whether you’re building an emergency fund, saving for
AccountHighYieldSavings
Shop Discount Craft Supplies Online for Creative Projects and Savings
by User0 comments
18Jul

Shop Discount Craft Supplies Online for Creative Projects and Savings

If you’re looking to save money on craft supplies, there are several online websites that can help you find great deals. For instance, CraftOutlet.com offers a wide variety of wholesale
CraftCreativeDiscountOnlineprojectsSavingsShopSupplies
4 Savings Accounts That Pay 3.80% APY or More — With No Minimum Balance
by User0 comments
17Jul

4 Savings Accounts That Pay 3.80% APY or More — With No Minimum Balance

A lot of savings accounts offer high interest rates — with a catch. You may have to deposit a huge amount of money to earn the best rate, or use
AccountsAPYbalanceMinimumPaySavings
I Keep $20K in My SoFi Savings Account. Here’s How Much I’ll Make in Interest This Year
by User0 comments
15Jul

I Keep $20K in My SoFi Savings Account. Here’s How Much I’ll Make in Interest This Year

For years, I kept my emergency fund in a traditional savings account at a big-name bank. It felt like the “safe” choice — until I realized it was earning almost
20KAccountHeresIllInterestSavingsSoFiYear
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