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It may be surprising, but few Americans are saving. About 65% of Americans have little or nothing saved up.
Here at Credit.com, we’re passionate about helping others secure their financial future. We want to help you save money, which is why we now offer savings and money market accounts through trusted FDIC insured banks to help you save money and achieve financial security.
Everyone is capable of saving money. The biggest hurdle changing financial habits so that this is a possibility. There are many reasons for saving. Here are some of them:
Your savings account is an investment. You’re investing in yourself when you actively make deposits into one.
You may feel that you don’t have enough money to open a savings account. Most savings accounts don’t require a huge deposit – some are as little as $25. No matter how much you are able to put into your account at a time, it all adds up. Online savings accounts pay higher interest than brick-and-mortar banks, so you can make even more money. There are several benefits to opening a savings account.
At Credit.com your information is secure and private. We can help you set up your savings account or money market account. But remember to do your research to make a good decision on who to open an account with.
One with a high APY will accrue more interest, adding more money to your account. It’s also important to look at what the minimum balance is to avoid any penalty fees.
Lastly, a savings account can help ensure your financial security and can be opened within a few minutes. Open one today and watch your money grow.
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April 11, 2023
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