Save consistently and maximize interest to grow your savings.
If your savings fund balance isn’t currently where you want it to be, don’t be discouraged. Having any amount saved for an emergency, no matter how small, means you’ve already taken the most important step to protecting yourself from a financial setback.high-yield savings accounts
A lot of people are earning far less interest on their savings. The national average savings rate is only 0.46% as of April 15, 2024, according to the Federal Deposit Insurance Corp. With that percentage, you earn less than 50 cents for every $100 in an account over the course of a year.
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