Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

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Posting as :
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They are all in that range, it’s not just Ally

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The email just came through. Marcus and the rest are at the same level.
Glad, I locked a CD with Ally at 2.5% before all of this.

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Jealous 😟

I can prob do a CD ladder - just to get a boost. Thanks all

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everywhere is low right now...can’t anchor on 2% rates from last year but instead gauge what’s worth switching vs not. Citi Accelerate has historically been a higher for HYSA so might be worth a look, as is Marcus, but I don’t know that it’s worth switching for <0.05% on an already low rate

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CDs aren’t giving a good rate.... ugh

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The overnight rate is currently between 0 and 25 bps - the days of 2%+ on savings and money markets are gone until the overnight rate moves back up. Probably won’t be for another year.

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Related Posts

What are the mortgage rates you guys are getting? Best I’ve heard is 2.5% (30year fixed) curious if anyone has heard better?

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Currently I pay $1900 for a brand new & modern 1BHK in the Greater NYC area. Moving to SF later this year. Any recommendations on how much to budget for SF? Will be working in Downtown area & currently got a car. I am little bit divided on whether to sell the car or move it to SF.

Looking for a good neighbourhood and ok with 30 minute commute to work.

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How much are you paying for rent (and where) vs how much are you making?

hi,
i got a offer letter from hsbc before baground verification but i taken education loan for my MBA this year 2022 but my tenure to pay is not occurred. i had credit score of 728 . is there any chance of getting revoke of offer letter

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I am 29F and earning 13LPA. I have been working for 4 years of which 3.5 years I had very low pay and close to 0 savings. I have been able to save 6L now.

My investments below:
* Elss funds - 2 (total 1.5L annually)
* Large cap mutual funds - 6 (total 40K sip per month) current portfolio of 4L
* FDs - 2 of 25K each
*Medical insurance - company provided

Can someone advice if this is a good investment plan for future? What can I do better? Do I need another Insurance? Where else to invest?

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Which bank account is better for salary account?

HDFC
Axis

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Thoughts on the new Chase Freedom Flex?

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I have about 50k saved up and was wondering if I should invest in real estate. I’ve noticed that the housing market is dipping in my area - advice?

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Need to urgently find a 500k job. Can't keep up with mortgages with anything less. Any advice?

likefunny

Would you marry someone if they had a lot of loans on their head?

likefunny
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Hii sharks 🦈🦈🦈🦈

Can anyone of you please help in calculating how much will be my income tax per month(I am availing the Old tax regime)? Different IT calculators show different figures, not sure which is correct :(

And as for the interest amount in the Savings Account and Fixed Deposits, do both fall under "Income from Interest"? Or under "Other Income"? Or does Interest amount in Savings account fall under "Interest from Deposits - 80TTA"?

The figures are given in the screenshot 👇🏻

Post Photo
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Can someone on a Manager salary afford a $675k house on a single $140k salary? With 20% down?

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What is everyone’s top 1 or 2 favorite books on personal finance? I’m always looking for a new one to bring into the fold of what I’m doing

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Thoughts on living in Bushwick or Ridgewood, is it worth the cheaper rent/more space?

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Will move in September to London
How acceptable is 60k comp given rise in COL?
Any tips for housing areas/process etc

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How t save tax for 9 lpa salary. Can anybody help me out.

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Is 80k cash + 20k company share a good deal for a junior dev role in the bay area?🙏

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More Posts

Does anyone know who the 401k benefits manager is at VMLY&R NY?

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Any tips for 30 min design remote whiteboard challenges in interviews?

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Any good Christmas party networking events? Thanks!

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Hi Fishes,
Can anyone please refer me for
UBS have multiple job IDs with me.

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Saw this gem on the front page of Reddit 🤣

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Data analyst trying to break into data science. Anyone willing to network?

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Hey beautiful people,
I’m 27Y and work in tech. Unfortunately my carpal tunnel is getting worst slowly. I’m worry that I still have like 45 years more to be retired and can’t stop working because I have a f* mortgage to pay 😭 I have a super ergonomic workstation, but I know my hand needs a long rest, and I can’t do it… Does anyone relate? What do you recommend?

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🥱🥱 you can’t never trust nobody

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Any good yoga studios in Denver/Boulder for beginners?

If u have a house under my name if i move it to an llc what happens? Do i refinance to prevent a due on sale clause?

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Does buyer have to share appraisal with seller? Can seller request it?

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How accurate is AirDna rentalizer revenue and occupancy (assuming you are best or at par with top area listings) - specifically in big city suburb if that makes a difference. Looking for any and all opinions of airdna rentalizer

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Any reason why the listing agent recommend I use a specific title company?

like

What level will be offered for 8.1 years lateral hire?

like

Has anyone done a rotation in another office at ey? Like doing a busy season in Irvine California from a northeast office?

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Looking for a watermelon pit ticket for Harry Styles the 24th the united center. Anyone have one to sale or a reputable hook up? looking to surprise my daughter for her birthday!! Help a momma out please!

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Hi,

Is notice period buyout option available at LTI?
How do I negotiate to reduce my notice period from 3 months to 2 months or less?

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I’m mid-career and hoping to make a pivot to internal comms. I’m currently working in-house but the vast majority of my experience is at agency with very little internal comms experience. Other than finding opportunities in my current role to gain experience, what can I do to gain experience or expertise to make me desirable for an internal comms-focused role?

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Additional Posts in FIRE Financial Independence Retire Early

I think everyone on this forum would be really fun to work with compared to the corporate zombies I often interact with. Have you identified other FIRE peers at work? If so, how did you find out and what did you think of them?

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Have 50k in brokerage to put towards buying a place in Atlanta. Young 20 something who's lease is ending soon

Roth IRA and 401k are well funded but don't want to pull from there.

Should I buy and rent the extra bedrooms to friends, or stay renting and put savings in stock market?

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Is anyone else worried about an upcoming market crash, similar to the dot com bubble?

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Anyone here over 70% in VOO or VTI? Is that a smart move for less-involved investor?

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Trying to help my retired dad - When I google for what to do after retirement, only retirement planning related things shows up. My dad has been a workaholic and hasn’t developed many hobbies he could pursue. I was wondering how I could help him stay slightly occupied if not busy. Anyone here experienced this with your parents or yourself? How did you navigate this?

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Comment if you claim this coupon code. I’m not going to use it.

Post Photo
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I’ve been reading a lot of FIRE books lately and want somewhere to discuss. What are the biggest takeaways from your FIRE journey/ research?

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Thoughts on ARK innovation ETF

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Best options (companies that provide) term life insurance outside of work? Please advise - looking to get this done this week for wife and I

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I contribute 10% of my paycheck to my employee share purchase plan. Is this smart to do given the tax repercussions behind it? Is it smarter to invest less in that and more in my Roth or 401k?

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What does your asset allocation look like? Here's mine

Post Photo
likehelpful

Single and childless but would like kids. High income and maxing out all tax advantaged accounts I can but was thinking of starting a 529 in my own name to be transferred to future kids. If I don’t have kids maybe transfer it to my nephew. Thoughts, pros, cons?

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Anyone a CFP as a side hustle?

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I'm a young professional finishing my first year of my career. Last month I opened a brokerage account & invested $4000 in the stock market. I'm planning to invest at at least $2000/month every month now with the goal of creating a passive income stream. Do any of you have experience with a dividend growth strategy? How did you get started?

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Anyone interested in having a meetup in NYC in April and exchange our FIRE experience?

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Are we on recession? My portfolio is super down - low cost ETF investor here

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Sharks! I’m 33, currently working as a Java Architect (11.6 YOE, 40 LPA INR). I’m planning for retirement at my 40. Currently owning a house worth 1 Crore INR where I’ll be closing my home loan by this August. Please suggest diversified options of Investment for my retirement. I don’t have any investment till now (except the house) as I used my whole income to close off the Loan which I took in 2019.

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What is a reasonable fat FIRE number for a married couple? Can’t figure out if numbers I see are for one or two peopl

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When do you predict the dip? I've been waiting for so long, but don't want to buy now. VTI seems inflated.

likefunny

I broke through the wall in 2020 and feel like I blinked and it is 2022. I have been saving something close to 75% of my take home and dumping into ETFs. I feel like I want to branch out into real-estate but never lived anywhere more that 3 years. What would you do? I have cash to put a large down payment to avoid the high rates but am scared I have no roots and will move in another few years.

Post Photo
likeupliftingfunny

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