The wealthy in the world earn up to 52 times more on their daily balance
Most people keep their daily money in a traditional checking account. But experienced wealth builders know that you can earn competitive interest even on your daily balance.
For example, the Vanguard Cash Plus account offers a competitive annual percentage yield (APY) of 3.65% as of January 15, 2025. This is more than 52 times the national average interest rate on checking accounts, which is only 0.07%.
The Vanguard Cash Plus account has no minimum balance, no account opening fees, and you can start with a minimum amount of $1. And your money is eligible for FDIC coverage up to $1.25 million for individual accounts and $2.5 million for joint accounts.
In the next post, I will tell you more, if they don't delete it :)