To bet or save? BYU study examines detriment sports betting can have on building savings - KSL.com

Latest News About High-yield savings accounts surge past 4.50% as of this June

High-yield savings accounts currently pay near 4.50% interest. A $10,000 one-year CD usually earns higher yields than the same amount in a high-yield account. CDs usually offer better returns but mean locking money away for fixed durations. Pulling out early from a CD results in penalties. Brigham Young University studies reveal sports betting damages money growth. The findings show consistent wasted cash when folks gamble instead of saving.

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