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Now is a great time to be a saver! We earn 3% interest through a high-yield savings account.
That is completely free money just for saving in a certain institution. How will we use these interest payments?
First, we can reinvest in our HYSA. But we can also take this money and invest into higher-yield products safely.
Either way, HYSAs are a start on the passive income path. Our kids will follow how we travel the course, so it's time to move beyond our comfort zone. Good Luck!