4 Richer Alternatives to Savings Accounts

“Save, save, save!”

This is core advice from every finance pro in the world — and for good reason. Without savings, we’re out of luck in an emergency — or even when it comes to planning for a retirement, a home purchase or even a vacation.

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Find Out: How Much Americans Have in Their Savings Accounts in 2023

But what is the best way to save? The majority of Americans use traditional savings accounts to stash away their dollars. There’s no harm in this, and certainly there is a place for these types of accounts, but are they always the best haven for your money? Not necessarily.

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