it requires almost no work and lets you make money off of your existing money, basically the same as a regular savings account but you can actually get more than six cents a month in interest payments
Mar 29, 2024
Related Recs
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I know savings are hard to come by, but it is basically free money. You can find accounts that give you 5% apy ($50 a year for every $1,000 you have saved if you are bad at math like me)
Follow me for more financial tips (jk)
Feb 11, 2024
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Open a high yield savings account - you get an, obvs, super high interest rate, which is a great incentive to put money in there. Either direct a percentage of your paycheck in there, or transfer money in there immediately after you get paid. Great place to house your emergency fund (3-6 months of expenses) because it’s easily accessible.
There are lots of books on saving for retirement- I recommend the simple path to wealth because it’s easy to understand, required very few action items, the author crunches the numbers while he’s explaining things, and you don’t have to be someone obsessed with savings and personal finance to benefit from it, like me!
Mar 7, 2024
If you’re not using one already, do it now! I’ve been using marcus for about a year (when I finally started to try and get my financial act together) and let me tell ya, getting 4.5% interest feels wayyyyy better than the 0.04% I was getting with my old bank. Obviously I’d be happy if you wanted to use my referral code (gives us both 5.5% for 3 months) but mostly just want to promote getting a hysa for everyone!
Feb 11, 2024
Top Recs from @flop
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this weekend a man on the bridge dropped his airpods so i picked them up for him then on his run back when he passed me he smiled and waved because we were microfriends. i will never see him again but we had our moment
i just made this term up but it feels right to describe a nice little fleeting human connection
drop your microfriendship stories/recs
Mar 20, 2024
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lemme just look at all the packaging and various products and vibe. i am not trying to get in and out, i am trying to observe
Jan 31, 2024
a new immersive search engine for public domain content. the interface is so cool! i feel like this could be so useful for creative projects
Jul 31, 2024