With the holidays approaching, it’s smart to maximize savings. A Gallup poll indicates Americans will spend $1,012 this season, rising from $975 last year. A beneficial strategy is using high-yield accounts like Marygold & Co., which offers 6% APY. Marygold & Co.’s app provides comprehensive financial management with features like fee-free banking, budgeting, and investing tools. This new cash account, a type of Cash Management Account (CMA), combines benefits of checking and savings, with competitive rates and no withdrawal limits. Consider factors like APY, fees, and insurance before choosing an account. Read more here.
How do you plan to boost your holiday savings this year?