Wednesday, May 23, 2007

High Yield Savings

I opened a high yield savings account last fall, and it was one of the smartest financial moves I ever made! I got a bonus referral link from a friend which earned me money on my initial deposit. I have a liitle money transferred over every pay period, and it just sits there earning interest. When I need a few dollars for a sudden expense, all I have to do is go online and transfer it back into! That easy! If you have your money in a brick and mortar bank earning 0.005% interest, I highly encourage you to move it somewhere so it can start making money for you! Or, just start an additional savings account for yourself, a house fund, kids college, vacation or emergency fund. Why take pennies from your bank, when you can earn dollars at a high yield online bank? They are safe, FDIC insured, have all the security features of your regular bank. You can check out all the high yield savings accounts available and make an informed decision for YOUR financial house! It is my firm belief that you cannot have too much money saved! You never know what is going to happen in life, be prepared.
This is a sponsored post.


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