Keeping your emergency fund in a bank with low interest rates is hurting your w…

⚠⚠⚠Keeping your emergency fund in a bank with low interest rates is hurting your wallet! 🤦‍♂️

Consider checking out a bank that offers a high APY that way you don’t have to receive pennies in interest. 😉

Some banks that come to mind are Ally, Synchrony, & Marcus by Goldman Sachs. 🏦

Now I know that you are not beating inflation, but that’s not the point of your emergency fund.

Who holds your emergency fund?

Let’s discuss in the comments. 💬

—— Follow @spacecitymoney for more ——

Share with a friend! 👩‍💼👨‍💼

⚠️ I am not a financial advisor, the information provided is for educational and/or entertainment purposes only. ⚠️

#SpaceCityMoney #money #moneymindset #moneytalks #millionaire #billionaire #rich #entrepreneur #business #moneybag #stacks #benjamins #savingsaccount #highinterestrate #bankaccount #personalfinance #finance #FIRE #financialblog