There's no minimum balance and no monthly fees
Two years ago, I opened a high-yield savings account at Ally and directed a fixed amount of every paycheck into it. I've found the high-yield savings account is a great place to send my automatic contributions, which financial planners say is one of the best and easiest ways toI liked that Ally's online savings accounts have no ATM access and a limit on monthly transactions.
Any high-yield savings account earns significantly more interest than a checking or traditional savings account, helping you make the most of money you may need to access next month or next year. Dozens of banks offer high-yield savings accounts with varying interest rates for different balance amounts, which you can think of as"I recommend this type of account to keep your emergency funds in, or money that you have for a short-term goal.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
We asked financial planners where first-time investors should put their money, and almost everyone said the same thingReady to start investing? Index funds are a good option for people looking for a 'set and forget' investment. They're low cost and diversified.
Weiterlesen »
We asked financial planners their favorite way to build wealth, and they all said the same thingFinancial planners say automating your savings is the best way to build long-term wealth. Here's how to do it.
Weiterlesen »
The No. 1 thing people with fat savings accounts scrimp on that you likely don’tPeople who save 20% or more of their incomes do things differently, new research shows
Weiterlesen »
3 ways anyone can get better with money, according to a financial plannerThese systems will not only help you build wealth. They can give you more freedom and flexibility in how you spend your time and money.
Weiterlesen »
Fed's Rosengren says weak foreign bond yields are hurting US long-term yieldsBoston Federal Reserve President Eric Rosengren says weak bond yields in other countries are hurting U.S. long-term bond yields.
Weiterlesen »
You can earn 155 times more interest just by using a different kind of savings accountYou can earn 155x more interest just by using a different kind of savings account. via CNBCMakeIt
Weiterlesen »
Yield curve recession indicator flashes red as 10-year yield falls below 3-month yieldThe yield curve as measured by the spread between the 3-month Treasury bill and the 10-year note inverted for the first time since 2007, following a sharp...
Weiterlesen »
U.S. current account deficit hits 10-year high; firms bring back more foreign profitsThe U.S. current account deficit increased more than expected in the fourth quar...
Weiterlesen »
Michelle Obama’s book has sold almost 10 million copies, a historic high for memoirsMichelle Obama's publisher said that her book 'Becoming' has sold almost 10 million copies and could be the most successful memoir in history, Bloomberg reported Tuesday.
Weiterlesen »