Rapidcreek@lemmy.world to politics @lemmy.world · 2 months agoFed keeps interest rates at 23-year highwww.npr.orgexternal-linkmessage-square29fedilinkarrow-up1105arrow-down17
arrow-up198arrow-down1external-linkFed keeps interest rates at 23-year highwww.npr.orgRapidcreek@lemmy.world to politics @lemmy.world · 2 months agomessage-square29fedilink
minus-squareSerinus@lemmy.worldlinkfedilinkarrow-up12arrow-down4·edit-22 months 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-up21arrow-down2·2 months 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-up7arrow-down2·2 months 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-up8·2 months 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-up2arrow-down3·2 months agoBut they could if more of them put their money into CDs
minus-squaremriormro@lemmy.worldlinkfedilinkarrow-up4·2 months 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?