Rapidcreek@lemmy.world to politics @lemmy.world · 1 year agoFed keeps interest rates at 23-year highwww.npr.orgexternal-linkmessage-square29fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkFed keeps interest rates at 23-year highwww.npr.orgRapidcreek@lemmy.world to politics @lemmy.world · 1 year agomessage-square29fedilink
minus-squareSerinus@lemmy.worldlinkfedilinkarrow-up0·edit-21 year agoIf you’re not getting 4% on your savings account, you should be switching banks. That’s $40/year for every thousand you keep in the account, $200/year for $5000.
minus-squaremriormro@lemmy.worldlinkfedilinkarrow-up0·1 year agoThese sorts of comments are always kind of funny to me cause they strike me as somewhat out of touch. Nearly half of all Americans don’t have savings of more than $500.
minus-squareDkarma@lemmy.worldlinkfedilinkarrow-up0·1 year agoIt’s important to note here that just because a person may not have savings accounts over $500 doesn’t mean the person doesn’t have a 401k
minus-squareDelusional@lemmy.worldlinkfedilinkarrow-up0·1 year agoYeah I don’t think I get any interest on the $1000 that goes into my account one day and is gone the next for bills.
minus-squareAuroraZzz@lemmy.worldlinkfedilinkarrow-up0·1 year agoBut they could if more of them put their money into CDs
minus-squaremriormro@lemmy.worldlinkfedilinkarrow-up0·1 year agoThey mostly don’t have any money left over to put into a CD…
If you’re not getting 4% on your savings account, you should be switching banks.
That’s $40/year for every thousand you keep in the account, $200/year for $5000.
These sorts of comments are always kind of funny to me cause they strike me as somewhat out of touch. Nearly half of all Americans don’t have savings of more than $500.
It’s important to note here that just because a person may not have savings accounts over $500 doesn’t mean the person doesn’t have a 401k
Yeah I don’t think I get any interest on the $1000 that goes into my account one day and is gone the next for bills.
But they could if more of them put their money into CDs
They mostly don’t have any money left over to put into a CD…
What genres?