4 ms·
I can squirrel away money at my current bank. It doesn't require opening a whole new account and I have the money when I need to, guaranteed - no transfer wait.
by spyspy 10y ago
I can squirrel away money at my current bank. It doesn't require opening a whole new account and I have the money when I need to, guaranteed - no transfer wait. Anything above a small safety savings should be in a money market account anyway. 1% interest is still losing out to 2% inflation.
- bognition 10y agosure, but for many people having a savings account that is out of sight out of mind helps prevent dipping into it when you don't need to