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How to make easy money with money you already have 💰 📢 Use a High Yield Savings Account (HYSA) A HYSA has a higher Annual Percentage Yield (APY, or interest rate) than traditional savings accounts offered by most major banks. Think 0.01% versus 4.0%+ (HUGE difference! 😱) Before choosing a new savings accounts, do your research to see if any minimum deposits or minimum balances are required or if there are any account or maintenance fees. *This is not intended to be taken as financial adv... Best High Yield Savings Accounts, Best Banks For Checking Accounts, Bank Accounts To Have, Savings Accounts To Have, Savings Account Balance, High Bank Account Balance, Savings Account For Kids, High Interest Savings Account, Bank Account Balance
Best High Yield Savings Accounts
Best Banks For Checking Accounts
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Savings Accounts To Have
Savings Account Balance
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High Interest Savings Account
Bank Account Balance

Best High Yield Savings Accounts

How to make easy money with money you already have 💰 📢 Use a High Yield Savings Account (HYSA) A HYSA has a higher Annual Percentage Yield (APY, or interest rate) than traditional savings accounts offered by most major banks. Think 0.01% versus 4.0%+ (HUGE difference! 😱) Before choosing a new savings accounts, do your research to see if any minimum deposits or minimum balances are required or if there are any account or maintenance fees. *This is not intended to be taken as financial…

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What's the difference between an emergency fund and a sinking fund? They are both savings accounts but have different purposes. An emergency fund is there in case of, well, an emergency. If something unexpected happens, it's there to back you up. Sinking funds are set up for planned purchases -things like vacations, buying a car, or saving for certain bills, like your car insurance if you pay bi-annually. Check out the blog for more info on saving & budgeting! Emergency Funds Savings Plan, What Are Sinking Funds, Sinking Funds Categories, Emergency Fund Savings Plan, Saving Methods, Sinking Fund, Saving Accounts, Budget Goals, Buying A Car
Emergency Funds Savings Plan
What Are Sinking Funds
Sinking Funds Categories
Emergency Fund Savings Plan
Saving Methods
Sinking Fund
Saving Accounts
Budget Goals
Buying A Car

Savings Accounts: Emergency Fund vs. Sinking Fund

What's the difference between an emergency fund and a sinking fund? They are both savings accounts but have different purposes. An emergency fund is there in case of, well, an emergency. If something unexpected happens, it's there to back you up. Sinking funds are set up for planned purchases -things like vacations, buying a car, or saving for certain bills, like your car insurance if you pay bi-annually. Check out the blog for more info on saving & budgeting!

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You need to have a budget and a plan for your money or it will disappear on you. I paid off $100K of debt in less than 2 years and put $5,000 into my savings account and I did this by budgeting. 1. Cash Envelope System 2. Plan Ahead Method 3. 50/30/20 4. Zero-based budget 5. Pay Yourself First All of these are great budgeting methods to use. In fact, I use a combination of them. Start your financial jouney today and book your Deep Dive Budgeting Session with me! www.jesswaynecoaching.com Envelope Method Budget, Budgeting To Move Out, Budgeting Notebook Ideas, Budget Methods, How To Budget, Pay Yourself First Budget, 20/30/50 Budget, Budgeting Techniques, Budgeting Methods
Envelope Method Budget
Budgeting To Move Out
Budgeting Notebook Ideas
Budget Methods
How To Budget
Pay Yourself First Budget
20/30/50 Budget
Budgeting Techniques
Budgeting Methods

5 types of popular budgeting methods

You need to have a budget and a plan for your money or it will disappear on you. I paid off $100K of debt in less than 2 years and put $5,000 into my savings account and I did this by budgeting. 1. Cash Envelope System 2. Plan Ahead Method 3. 50/30/20 4. Zero-based budget 5. Pay Yourself First All of these are great budgeting methods to use. In fact, I use a combination of them. Start your financial jouney today and book your Deep Dive Budgeting Session with me…

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