August 4, 2024 | Categories: Personal Finance
You’ve probably been told that a savings account at the bank is a safe place to stash your money. But is it better to use a high-yield savings account to get even higher returns on your money? Is it safe?
The principal in your high-yield savings account won’t fluctuate with the stock market. But, you can lose money if the bank charges high fees or if you fail to maintain the minimum balance. Here’s what you need to know.
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