tonycarrera on Nostr: Thanks for the reply! Yes you’re right. I did mention high-yield savings do have ...
Thanks for the reply!
Yes you’re right. I did mention high-yield savings do have 4%+ in my post but there are a few notes on those.
Usually they require someone be 18+ years old and usually have a higher minimum deposit requirement than a regular savings account.
Even at 4.5%, it’s close to break-even with inflation (reported CPI is a bit lower but actual real world expenses are closer to 10% or higher year-over-year).
Published at
2024-06-19 05:01:54Event JSON
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