Monday Mar 04, 2024

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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