High-Interest Rates Can Help You Grow Your Emergency Fund

56% of Americans can’t cover a $1,000 emergency with their savings. Taking advantage of high-interest savings accounts can help you grow your emergency fund faster.

Photo by Megan Ruth on Unsplash

Financial experts say that everyone should have between 3–6 months of savings in order to offset emergencies or to prevent accumulating high-interest debt such as credit cards. An emergency fund is a…