I paused my memberships and put the cash in high-yield savings - Business Insider

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Every dollar is going into my high-yield savings account, where I'm padding my emergency fund and saving up for future travel

Just shy of two months ago, my city of 4 million people was put on a stay-at-home order to curb the spread of the coronavirus.

Since I'm lucky enough to have kept my job and income, I've reallocated some of this cash to ordering takeout and delivery from some of my favorite local eateries and frequenting independent booksellers online. I also got aIn March, my gym halted operations and automatically paused my membership, putting an extra $189 a month in my pocket every four weeks. I also put my clothing subscription on hold because I've got no one to impress, which freed up an additional $79 a month.

I know my gym isn't cheap — it took me a long time to decide whether paying $189 a month for as many classes as I want was worth it. Now that I'm without it, I miss it more than most things the pandemic has interrupted. And my clothing subscription, while definitely a luxury, stops me from mindless shopping and helps me feel confident and put together when I go out with friends.

 

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Strange article...those local businesses may not be there when normalcy returns if everyone does this.

High-yield savings accounts? Surely you just...

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