Why you need a high-yield savings account now
There are many compelling reasons to open a high-yield savings account. Here's why you shouldn't delay.
Matt Richardson is the managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Previously, he worked as a senior editor for FoxNews.com and FoxBusiness.com. A former sports reporter, Matt covered professional boxing in New York City for 18 years. He is the former Vice President and Secretary for the Boxing Writers Association of America (BWAA) and is an elector for the International Boxing Hall of Fame. He has a master's degree in journalism from Columbia University.
There are many compelling reasons to open a high-yield savings account. Here's why you shouldn't delay.
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