You have your basic checking and savings accounts—beyond that, how can different types of accounts serve your savings goals?

Within the savings category, further divide your funds to cover short, medium, and long-term goals. This method helps maintain a balanced approach, ensuring all financial needs are addressed.

Our ratings take into account a product's APYs, fees, minimums and other category-specific attributes. All ratings are determined solely by our editorial team. The Alliant Kids Savings account ...

Let’s math this: Forbright Bank (a top pick in the high-yield savings category by Bankrate.com) recently advertised a 5.30% ...

"At the beginning of each month, you assign every dollar of your take-home pay to a spending or savings category,” she said. "This forces you to accurately map your spending and helps you avoid ...

The categories for this budgeting strategy are: 70% goes to wants and needs, 20% goes toward savings and investments, and 10% goes toward debt payments or donations. With a zero-balance budget ...

Here’s a breakdown: If your goal is to buy that house, the “guilt-free” spending category could easily transform into another savings category — but this time for your dream home.

per ownership category is protected. If you have a longer time horizon for your goal and are comfortable taking risks, Stroup says you might consider investing instead of saving. Savings goals ...

There are plenty of places worth investing your money for long-term growth. But what about short-term savings? Shouldn’t you be able to earn a little something extra on that, too? A high-yield ...

For high-yield savings accounts, the rate may change after the account is opened." FDIC insurance up to $250,000 per depositor for each ownership category. $100 minimum to open account.