Savings Strategy
Your bank is paying you almost nothing to hold your money. And they are counting on you not knowing that.
Last month I made $413.45 in interest without doing a single extra thing. I did not pick stocks. I did not invest in anything complicated. I just moved my savings to the right account and my money started working for me while I slept.
That account is a High Yield Savings Account. And if you do not have one yet, this post is for you.
What Your Bank Is Actually Doing
A traditional savings account at most big banks pays around 0.01% APY. That means if you have $10,000 saved, your bank gives you roughly $1 a year in interest.
Meanwhile, that same bank is lending your money out at 20%+ on credit cards and keeping every dollar of that profit.
You are not just missing out on interest. You are actively funding their profits with your savings.
What a High Yield Savings Account Does Instead
A High Yield Savings Account (HYSA) pays 4 to 5% APY. That is the same money earning 400 to 500 times more just by being in the right place.
Your money is still liquid. Still FDIC insured. Still yours whenever you need it. The only difference is it is actually growing while it sits there.
Regular Bank $10K Saved
- 0.01% APY
- ~$1 interest per year
- Bank profits off your money
- Your savings stay flat
HYSA $10K Saved
- 4 to 5% APY
- $400 to $500 interest per year
- You keep the profit
- Your savings grow automatically
Why I Use Wealthfront
I have tried a few HYSAs and Wealthfront is where I landed. The rate is consistently competitive, the app is clean and easy to use, and the money moves fast when I need it.
To date I have earned $24,940.06 in total interest just from keeping my savings there. That is almost $25,000 that my old bank would have kept for themselves.
You do not need a lot of money to start. You just need to start.
Limited Time Offer
Open Your Wealthfront HYSA
Use my referral link and we both get a +0.75% APY boost plus a 0.50% investing deposit match or both.
This offer is for a limited time only.
Open My Wealthfront AccountHow to Get Started
Opening a Wealthfront account takes less than 10 minutes. You will need your name, address, Social Security number, and a bank account to link for your first deposit.
Once it is open, transfer whatever you have saved right now, even if it is just $100. The point is to get your money out of the account that is working against you and into the one that is working for you.
Then watch your interest hit every single month. It never gets old.
Your money deserves to work as hard as you do. Stop letting your bank keep the profit. Open your HYSA today.
Savings Strategy
Your bank is paying you almost nothing to hold your money. And they are counting on you not knowing that.
Last month I made $413.45 in interest without doing a single extra thing. I did not pick stocks. I did not invest in anything complicated. I just moved my savings to the right account and my money started working for me while I slept.
That account is a High Yield Savings Account. And if you do not have one yet, this post is for you.
What Your Bank Is Actually Doing
A traditional savings account at most big banks pays around 0.01% APY. That means if you have $10,000 saved, your bank gives you roughly $1 a year in interest.
Meanwhile, that same bank is lending your money out at 20%+ on credit cards and keeping every dollar of that profit.
You are not just missing out on interest. You are actively funding their profits with your savings.
What a High Yield Savings Account Does Instead
A High Yield Savings Account (HYSA) pays 4 to 5% APY. That is the same money earning 400 to 500 times more just by being in the right place.
Your money is still liquid. Still FDIC insured. Still yours whenever you need it. The only difference is it is actually growing while it sits there.
Regular Bank — $10K Saved
- 0.01% APY
- ~$1 interest per year
- Bank profits off your money
- Your savings stay flat
HYSA - $10K Saved
- 4-5% APY
- $400-$500 interest per year
- You keep the profit
- Your savings grow automatically
Why I Use Wealthfront
I have tried a few HYSAs and Wealthfront is where I landed. The rate is consistently competitive, the app is clean and easy to use, and the money moves fast when I need it.
To date I have earned $24,940.06 in total interest just from keeping my savings there. That is almost $25,000 that my old bank would have kept for themselves.
You do not need a lot of money to start. You just need to start.
Limited Time Offer
Open Your Wealthfront HYSA
Use my referral link and we both get a +0.75% APY boost plus a 0.50% investing deposit match — or both.
This offer is for a limited time only.
Open My Wealthfront AccountHow to Get Started
Opening a Wealthfront account takes less than 10 minutes. You will need your name, address, Social Security number, and a bank account to link for your first deposit.
Once it is open, transfer whatever you have saved right now even if it is just $100. The point is to get your money out of the account that is working against you and into the one that is working for you.
Then watch your interest hit every single month. It never gets old.
Your money deserves to work as hard as you do. Stop letting your bank keep the profit. Open your HYSA today.