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🌟Join Our Private Newsletter!🌟 https://wealthpack.wealthtwins.com In this video, the twins explain what is a high yield savings account and how to pick the right high yield savings account for you, High yield savings accounts should be considered if you are looking to make interest on your money. A good HYSA would be the best savings account if you are looking to make a big purchase within one to two years but want to make some money on your money. The best high yield savings accounts are paying more than average bank accounts and CDs. Part of personal finance is to research which savings accounts are best to hold your money. With the rates that are being paid at the moment on HYSA it is good to look at HYSA vs money market accounts and HYSA vs cd. Even if you are interested in investing in the stock market, you can compare the rate of return of a HYSA vs index funds. #podcast #wealthbuilding101 #wealthtwins #personalfinance #hysa #savingsaccount #highyieldsavingsaccount ◽️◽️◽️◽️◽️◽️ SAY HI ON SOCIAL: Website: https://www.wealthtwins.com Instagram: / wealthtwins FaceBook: / wealthtwins 👭🏿 About Us 👭🏿 We are Nadia and Nicole and on the Wealth Twins Channel we are dedicated to increasing your financial independence. We create videos that will potentially help you reach financial independence, build wealth, and create generational wealth. We teach others how to invest money in the stock market and wealth building through the accumulation of passive income producing assets. Our goal is to teach you how to be rich by using financial tips, saving money tips, and personal finance for beginners. If you want to retire early, be debt free, and make passive income please hit the subscribe button. DISCLAIMER: The Wealth Twins, including but not limited to any guests appearing in our videos, are not financial/investment advisors, brokers, or dealers. Our videos are for educational purposes only. They are solely sharing our personal experiences and opinions. There are financial risks associated with investing. All investments involve risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. In order to make the best financial decision for your own needs, you have to conduct your own research and due diligence. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.