Saving money is a good idea. Saving money in a way that allows it to grow and create more money through interest is a better idea. Opportunities to increase the rate at which interest is being earned with your saved money (without increasing your risk to losing that money) are worth giving some attention. High …
This morning I received an email from Wealthfront, where I opened a savings account to take advantage of their industry-leading (as far as my research showed) 2.57% interest rate, no fee savings account. The email stated that because of a recent change to the federal funds rate, they APY for my savings account (similar to …
How the Federal Funds Rate Affects Savings Account Interest Read More »
