106: All You Need To Know Before You Open A High Yield Savings Account Artwork

The Rich Immigrant

When you hear the word immigrant, the word rich doesn’t always come to mind. Immigrants can attain financial independence; we can lead full lives in our new homes while maintaining our identities.Each Wednesday, join Dee Olateru, a 3-time immigrant, and your everyday aspiring rich immigrant, as she shares tips, and stories to help immigrants do just that. The Rich immigrant podcast was created to be what the next immigrant needs to thrive and what we need as a community of 1st and 2nd generation immigrants.If you’re a first or 2nd generation immigrant, or just want great but relatable money and life conversations, this is the podcast for you! For more inspiration, follow the @therichimmigrant on Instagram or at www.therichimmigrant.com

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The Rich Immigrant

106: All You Need To Know Before You Open A High Yield Savings Account

October 18, 2024 • Dee Olateru • Season 10 • Episode 106

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The way adulting works is that there's always an expense (known or unknown) around the corner. In this episode of the podcast, in response to a listener request, I break down HYSA or high yield savings accounts. I talk about:

1. When I opened my first high yield savings account 17 years ago
2. What a high yield savings account is and why these accounts are able to pay higher interest
3. What to look out for when deciding on a high yield savings account
4. Some of the top rated HYSAs in the USA
5. How I use my high yield savings accounts for different savings goals

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