I spend a lot of time talking about the need to have your money in a high-interest or high yield online savings account, so I thought it was time I put together a list of the top high yield online savings accounts.
Nick's $5 - 52 Week Challenge; a little more than the $1 Challenge but worth it. Increase the weekly deposit by $5 each week and put it in a high interest savings account! Don't touch it for a few years and you'll be doing well. Imagine starting now and doing this for 30 years (retirement for me...$237,600).
There are still plenty of online banks that offer excellent savings accounts. Don’t let you money sit in a savings account that’s going to be eaten by annual fees. You shouldn’t have to pay to let you money sit in a savings account. In this article we will explain the importance of a great online savings account, why you need one, the types of savings accounts, and which ones will work best for your situation. | Good Financial Cents