How I lost over $600 by not using a high-yield savings account - Business Insider

, and setting up a new home, I didn't make time to take advantage of building my savings with interest. My plan to fix this mistake is simple: I will transfer my emergency savings into a high-yield savings account. Currently, I'm considering two different accounts. , where I can earn the maximum APY by maintaining a balance of at least $25,000 or contributing $100 each month. With either option, I won't have to worry about monthly maintenance fees. .

Personally, I am leaning toward the Savings Builder account at CIT Bank. Since I will be depositing over $25,000, I'll earn the highest-tier APY without needing to contribute $100 each month. My mistake cost me hundreds of dollars — it is possible that you are missing out on hundreds of dollars in interest earnings, too. Take a closer look at the account where you store your emergency savings.

BIG LIE.

This is 100000% a sales article for CIT and Goldman. The writer should have done a better job of remaining independent. Unless you intended this to be a sales article? If so, you need to state that.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

I've earned $15,000 in interest with my high-yield savings accounts - Business Insider'One of the biggest financial mistakes I made, for close to 10 years of my life, was keeping my savings in an account that generated less than .02% interest every year' He got married too
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

2 mistakes you could make today that will threaten your retirement savings tomorrow - Business InsiderBorrowing from your 401(k) and overspending could ultimately compromise your ability to live well later on.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Business Insider's best investing stories of April 2020 - Business InsiderThe definitive list of the best investing stories published by Business Insider in April 2020 — from A-list recommendations to top stock picks.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Half of US doctors now use telehealth - Business Insider - Business InsiderForty-eight percent of US physicians now report treating patients via telemedicine — a huge leap from the 18% who said the same in 2018. The answer here is simple. There is not enough opportunity for BILLING when this is done. Doctors are sharks just as ferocious as lawyers when it comes to BILLING! Not enough billing = No New Mercedes 500!
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »