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87 | Are You Missing Out on Easy Passive Income? - Monday Micro Money Tip
Earning interest from a High Yield Savings Account is the easiest way to start earning passive income. Yet only 82% of Americans are benefiting from having one of these accounts!
In a High Yield Savings Account you could be earning between 4-5% interest on your savings. That's more than $600/year on a $15,000 Emergency Fund.
While that's not going to make you rich. It's more than that savings account you got when you opened your checking account.
Looking for an account? Check out the HYSA we use from Discover
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📸 Share this episode and tag us on Instagram @radcoaches
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By radcoaches | Financial Coaches for CouplesEarning interest from a High Yield Savings Account is the easiest way to start earning passive income. Yet only 82% of Americans are benefiting from having one of these accounts!
In a High Yield Savings Account you could be earning between 4-5% interest on your savings. That's more than $600/year on a $15,000 Emergency Fund.
While that's not going to make you rich. It's more than that savings account you got when you opened your checking account.
Looking for an account? Check out the HYSA we use from Discover
DID YOU FIND THIS EPISODE USEFUL?
📸 Share this episode and tag us on Instagram @radcoaches
CONNECT WITH US!
💵 Book your FREE Financial Strategy Session
💰 Take the FREE Course for Couples Building Wealth in 2024
❓Ask radcoaches - submit your question here