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Traditional savings accounts are considered to be one of the foundations for wealth building because these accounts are safe...
Traditional savings accounts are considered to be one of the foundations for wealth building because these accounts are safe and dependable investments that are insured by the FDIC. There is a wide range in the interest rate that banks pay on savings accounts that can start as low as .25%. There are better interest rates available.Picking the best savings rates 2012 encompasses several considerations. The best interest rates exceed the rate of inflation and increase purchasing power because traditional savings is considered a long term investment. As...