Investing for Interest 6
ebook ∣ My Favorite High-Yield Savings Account: MFI Series1, #82 · MFI Series1
By Joshua King
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Starting a high-yield savings account (HYSA) is your first step to becoming a full-blown investor.
It signifies that you understand your money needs to work for you by earning a yield.
I have used Discover as my HYSA of choice for close to three years. Although interest rates are down across the board, an HYSA is a great place to stash your emergency fund.
Also, with Discover, I use my 1% cashback debit card to increase the yield of my card. All and all, this is the perfect first step to becoming rich!