Starting from payday, I daily move some money to a piggy bank, which helps for some short term requirements.

Any other short term saving ideas? long term also?

  • edric@lemm.ee
    link
    fedilink
    arrow-up
    6
    ·
    5 months ago

    A high yield savings account is good for short term savings. Instead of barely earning anything on a regular savings account, you can earn anywhere from 4% to 6% in interest just for putting money there. It has all the standard protections of a regular account (i.e. FDIC insured) so there’s nothing much to lose.