Skip to content

Simple Finance Bytes

Simplifying finance for everyone!

  • The Simple Finance Bytes Path to Financial Freedom
  • Instagram
  • Threads
  • Facebook
  • Financial Cybersecurity Checkup

high yield

Stop Stashing Cash in Traditional Banks! Here’s a Smarter Approach

November 14, 2024 by Simple Finance Bytes

If you’ve ever opened a savings account at a traditional bank, you probably did it because it felt like a responsible, safe way to protect and grow your hard-earned cash. But here’s the thing: while that account is secure, it’s also barely growing. Traditional banks offer low interest rates on savings accounts, often under 0.10%, … Read more

Categories Banking, Financial Independence, Saving Tags financial freedom, financial independence, high yield, high yield savings account, HYSA, saving, Savings Account, Simple Finance

Simple Finance Bytes Newsletter

Signup for new content updates and special promotions!

Thank you!

You have successfully joined our subscriber list.

Need more visibility into your money and budgeting? Click Here!
Ready to start saving AND investing? Use our link to sign up and you’ll get a $25 bonus and up to $300 when you set up direct deposit. Click Here!
Ready to start investing? Sign up for a Robinhood account with our affiliate link:
Click Here
Like the content we’re making? Buy us a coffee to support us!

Buy Me a Coffee

  • Financial Cybersecurity Checkup
  • Privacy Policy for Simple Finance Bytes
  • The Simple Finance Bytes Path to Financial Freedom
© 2025 Simple Finance Bytes • Built with GeneratePress