How to Get More Money from Your Bank


Here's the truth: the savings interest you get from your bank won’t be enough to catch up with inflation. So what do you do to make more money while parking it in the bank?

First, let’s make some assumptions:
1. You’ve paid your Credit Card debts
2. You’ve set aside your Emergency Fund.

THE DILEMMA:

You want your money to be easily accessible in case you may need the cash, but at the same time, you also want to maximize the interest you earn. 

Time deposits give better rates than savings accounts, but if you place a significant amount there, it 'ties' up your money. You may also have to pay a penalty if you pull-out before its maturity date.

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