Day 13: Interest rate Hustling
Greetings Everyone!
Today we are going to switch our focus, and look at our banking accounts.
The average person has a bank account with their local bank, which includes a checking and savings account with a debit card attached. Have you paid attention to the amount of interest that they are paying you? Most Savings accounts pay less than 0.2% on your money. A little educational lesson on banks: Banks make 18% on your money that you leave in the account monthly. So why are you getting so little? Even when you get a loan, or a Credit card from them, you are usually paying more than 5% interest on the account, and the money that they have loaned you is actually not real!
I won't dive into the Fiat, or Federal Reserves story here, but when you get a chance, you may want to read up on how money is created, and how the government creates money out of thin air, using the Federal Reserves, which is not a Federal Institution.
Getting to the point of today's post; I have found the Highest Savings account Interest rate that is out right now. The average is 2.5%, but I found one for 6.17%!...
The only catch is, it's a Credit Union and the 6% is only available on your first $1000.
Well, if you have less than $1000 in the bank, this is beneficial for you.
Make your money work harder for you by getting the highest Interest rate you can.
Why let the banks get all the interest?
Secondly, you can easily join this Credit Union by paying a $5-10 fee. The Credit union is called DCU, which stands for Digital Credit Union. They offer Car loans, Credit Cards, and many other banking services just like any other bank. Credit Unions have always had lower rates than the big name banks, so why not make the move and earn more interest on your hard earned money? Look around at the site using the link below: Open account using the link below.
Today we are going to switch our focus, and look at our banking accounts.
The average person has a bank account with their local bank, which includes a checking and savings account with a debit card attached. Have you paid attention to the amount of interest that they are paying you? Most Savings accounts pay less than 0.2% on your money. A little educational lesson on banks: Banks make 18% on your money that you leave in the account monthly. So why are you getting so little? Even when you get a loan, or a Credit card from them, you are usually paying more than 5% interest on the account, and the money that they have loaned you is actually not real!
I won't dive into the Fiat, or Federal Reserves story here, but when you get a chance, you may want to read up on how money is created, and how the government creates money out of thin air, using the Federal Reserves, which is not a Federal Institution.
Getting to the point of today's post; I have found the Highest Savings account Interest rate that is out right now. The average is 2.5%, but I found one for 6.17%!...
The only catch is, it's a Credit Union and the 6% is only available on your first $1000.
Well, if you have less than $1000 in the bank, this is beneficial for you.
Make your money work harder for you by getting the highest Interest rate you can.
Why let the banks get all the interest?
Secondly, you can easily join this Credit Union by paying a $5-10 fee. The Credit union is called DCU, which stands for Digital Credit Union. They offer Car loans, Credit Cards, and many other banking services just like any other bank. Credit Unions have always had lower rates than the big name banks, so why not make the move and earn more interest on your hard earned money? Look around at the site using the link below: Open account using the link below.
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