Earn Money by Saving with These 7 Apps

Name: Earn Money by Saving with These 7 Apps
Uploaded: 2023-08-03 17:11:58
Description: There are several financial apps and accounts available that offer higher returns on savings compared to traditional banks, allowing individuals to generate higher yields and protect their savings.

This article is a summary of a YouTube video "DILE ADIÓS A TU BANCO: Estas 7 apps te pagan por ahorrar" by Eduardo Rosas - Finanzas Personales

TLDR There are several financial apps and accounts available that offer higher returns on savings compared to traditional banks, allowing individuals to generate higher yields and protect their savings.

Key insights

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"There are currently many accounts out there that allow you to generate returns well above inflation and even some of them above what cetes pay at 28 days."
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Fondadora offers a virtual vault that generates a 12% return on money set aside for at least 30 days, surpassing the returns of 28-day cetes.
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You can earn up to 14% return on your savings by using these apps, offering higher rates than traditional banks.
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The sight account allows users to have a section of their money available 24/7 and generates a 9% annual return, making it a favorite among many despite some current difficulties.
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Unlike sofipos, the actimberg bank allows money to be insured up to 400,000 udis, providing a significant advantage in protecting savings.
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By using certain apps, it is possible to generate a 10% annual return on savings without any mandatory term, allowing for daily returns and the potential to gradually remove monthly transfer limits.
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Clark recently made changes to offer an account that generates 9% for your debit account, making it one of the best options available.
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Enclar allows you to save up to 365 days and generate a 14% yield, providing a better option for short-term savings compared to traditional bank accounts.