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radmoney | Money Management for Millennial Married Couples with Financial Coaches Rebecca & Dylan
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87 | Are You Missing Out on Easy Passive Income? - Monday Micro Money Tip
Manage episode 404572792 series 3516714
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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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