This is how I saved for my house. I used a high yield savings account and transferred the night before my check hit.
2026-07-29 23:57:18
1
Mark Kevin :
Transfer it to a Roth IRA, not a savings account. Max out your Roth every year from 20 until retirement and youll have less than $300k invested but your account will be over 4 million (assuming an annualized 10% rate of return in the SP500) “saving” your money will lose money YOY due to inflation.
2026-07-25 19:21:04
3
Trisha :
Pretty hard to transfer a negative balance
2026-07-29 20:35:27
2
MrsCcDicky1020 :
but why?
2026-07-30 18:13:13
0
Amwoooooooo :
you mean transfer back whatever auto pulled out of my savings to cover overdrafts?
2026-07-27 03:13:16
2
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