Saving Money
Saving sets aside money for future use, building financial security through emergency funds, goal-based savings, and earning interest on deposited funds.
Emergency Funds
An emergency fund is a cash reserve for unexpected expenses or income loss, typically covering 3-6 months of living expenses to provide financial stability.
High-Yield Savings Accounts
High-yield savings accounts offer interest rates significantly higher than traditional savings accounts while maintaining FDIC insurance and liquidity.