In Progress

1) Banking & Cashflow

High-yield savings usage

Standard savings accounts at big banks (like Chase or Bank of America) pay almost 0% interest. This is a mistake for you. Open a High-Yield Savings Account at an online bank (like Ally, Marcus, or SoFi). These banks don't have physical buildings, so they pay you a much higher interest rate (often 4% or higher). If you keep $10,000 in a big bank, you might earn $1 a year. In an HYSA, you could earn $400 or more just for letting it sit there. This is your 'Emergency Fund' home.

Standard savings accounts at big banks (like Chase or Bank of America) pay almost 0% interest. This is a mistake for you.

Open a High-Yield Savings Account at an online bank (like Ally, Marcus, or SoFi). These banks don't have physical buildings, so they pay you a much higher interest rate (often 4% or higher in 2026).
If you keep $10,000 in a big bank, you might earn $1 a year. In an HYSA, you could earn **$400 or more** just for letting it sit there. This is your "Emergency Fund" home.

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