What's the difference between a HYSA and a CD? 🤔 While they're both great ways to earn a guaranteed interest rate on your savings, they differ in a couple ways. The most important one: high yield savings accounts are liquid. 💧 With CDs, you have to park your money for a set amount of time, and you pay a penalty if you try to access it before it matures. HYSAs work like regular bank accounts, so you can access your money anytime you need it. 💰 #HYSA #savemoney #moneytips | Jean Chatzky

Here’s a 60 second video on how to open a HYSA in 2025 🙂 “Tag your friend or comment SAVINGS” for your list of top high-yield savings accounts! Here’s how to get started with a HYSA: 1. Go to your preferred bank's website (I recommend Laurel Road) and click on "Get Started." 2. Fill out the application form. 3. Click on "Transfer Money" to move funds. 4. Connect your bank account and make your first contribution. 5. In 2025, you can earn between 3-4% interest with a HYSA, compared to a traditio

Comment “HYSA” if you want a list of my favorite high-yield savings accounts 🙂 Are you in your 40s or 50s and worried you’re falling behind? Here are 4 things you should do TODAY 💸 1. Get rid of your fixed and broke mindset and adopt a growth mindset instead. 2. You need to budget aggressively. Get a side hustle if you have to. You need to make up for lost time. 3. Build an emergency fund in a high-yield savings account, NOT a regular one. 4. Invest in a Roth IRA as soon as possible. 5. Open a