Inside Out Money

072. The best financial advice no one wants to take: Move your money to a high-yield savings account already!

Aug 26, 2024
Liz, a savvy financial expert, dives into the world of high-yield savings accounts, revealing why they’re the smart choice for your savings. She explains how these accounts can offer up to 5.5% interest, eclipsing traditional banks. Liz discusses the safety of online banks and how they manage to pay higher rates. Listeners also learn practical tips for making the switch to a high-yield savings account and maximizing their emergency funds while avoiding common misconceptions about online banking.
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