DiscoverFinancial SnickensHigh-Yield Business Savings Accounts Options and Benefits
High-Yield Business Savings Accounts Options and Benefits

High-Yield Business Savings Accounts Options and Benefits

Update: 2023-11-30
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Description

Instead of letting your money languish in your checking account, consider opening a High-Yield Savings Account (HYSA) since interest rates are higher than in years past.  


In this episode, I expand upon the many advantages of High-Yield Savings Accounts and why this low-risk investment option is worth pursuing.    


In this episode, you’ll also hear: 



  • Flexibility of high-yield savings account 

  • Benefits of HYSA for business owners  

  • Minimal maintenance and fees of HYSA  


 
 


Must-listen moments:  


[00:00:35 ] When you go and start searching for these high-yield savings accounts, make sure that they're a member of the FDIC, and don't forget that they are only insured up to $250,000 per account. 


[00:02:31 ] If you invest it in one of these savings accounts, the risk is very low, yet you still get a guaranteed return. It is really good, and it protects your business’ capital. 


[00:02:53 ] You could have short-term goals and projects that you know you need to put money aside for, this is a great place to hold that capital until you need it. 


 
 
 


Visit our website and click on the Let’s Talk button: http://www.firststepsfinancial.com 


Reach out to Alisa: Alisa@firststepsfinancial.com 


Connect with us on social media! 


FB - https://www.facebook.com/FirstStepsFinancial 


IG- https://www.instagram.com/firststepsfinancial/ 


LinkedIn -https://www.linkedin.com/company/first-steps-financial/ 

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High-Yield Business Savings Accounts Options and Benefits

High-Yield Business Savings Accounts Options and Benefits

Alisa McCabe