MORE Money Mondays: High Yield Savings Accounts (HYSAs)

In this episode of F^3, JaeVic reveals that investing isn't only about stocks, highlighting High Yield Savings Accounts (HYSAs) as a smart, low-risk way to grow wealth. Listeners learn about the advantages of HYSAs, which offer higher interest rates than traditional savings accounts, and the importance of choosing FDIC-insured online banks. The episode explains key concepts like APY and the benefits of compound interest.

Resources:

• APY Explained: Investopedia
• HYSA Explained: Investopedia
• Top HYSA Bank Updates Daily & Potential Earnings Calculator: Fortune 

Social Media:

• https://financefitnessfinesse.podbean.com/

• Insta/Facebook: @financefitnessfinesse 

Audio:

• Money Roll by Mr Smith; (Free Music Archive); license type (CC BY)
• Fashion House - Short Version by Scott Holmes Music; (Free Music Archive); license type (CC BY-NC)
• Hip Hop Funk Loop by JsoundLAB; (Free Music Archive); license type (CC BY-NC)