Savings Accounts Only Benefit Your Bank, NOT You: Try These Options Instead If You Need Liquidity

Mint

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22万回視聴・ 3805いいね・ 2025/04/23

Savings Accounts Only Benefit Your Bank, NOT You: Try These Options Instead If You Need Liquidity

Leaving your money in your savings account gives you very less interest, and you basically lose money over time since it doesn't even beat inflation. It however does benefit your bank, since they can use that liquidity for lending money, on which they generate interest.

But why should your hard-earned money not benefit YOU instead?

Instead of savings accounts, here are the top options you can consider to park your money if you need liquidity - watch

#money #personalfinance #bank

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