The new year is upon us, and it’s a great time to plan for your financial future. Here are five financial resolutions to consider for 2024.
1. GET A HIGH-INTEREST SAVINGS ACCOUNT
Interest rates are still high on savings accounts right now, especially high-yield online savings accounts. Some accounts are offering more than 5% annual percentage yield, which is 10 times more than the national average on savings accounts. Take advantage of this “free” money by opening a new account with a high rate or upgrading your current one. Just make sure you avoid fees as much as possible, and choose a bank or credit union that is easy for you to access, either through remote customer service or in person.