High-Yield Savings: Maximize Your Money

High-Yield Savings: Maximize Your Money

Update: 2025-11-14
Share

Description

Discover the current savings account landscape post-interest rate cuts. Despite national averages hovering around 0.4%, top high-yield accounts offer rates above 4% APY. Online banks often provide the best rates due to lower overhead costs. Savings accounts are FDIC-insured, making them ideal for short-term goals. However, for long-term goals, consider investing in the market for higher returns, albeit with more risk.

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

High-Yield Savings: Maximize Your Money

High-Yield Savings: Maximize Your Money