For a college student with a small amount of income, is a savings account the best way to save money, or are there other, better options?

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Posted by Jack Poyle (MONEY FORUMS: 4, Answers: 0)
Asked on May 1, 2016 8:19 pm
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Jack, if there is a good chance you will need to access this money you are savings, then a savings account is probably best. However, I would not put it in a regular bank. You will get a much higher interest rate at an online bank such as Ally. here is a blog that explains online banking. https://centsai.com/how-online-banking-more-and-its-easy-too/

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Posted by Beth Tallman (MONEY FORUMS: 1, Answers: 61)
Answered: May 3, 2016 10:54 pm
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