Why do you want the highest interest rate you can find for your savings account?

When it comes to savings, a higher interest rate is the name of the game. It means a better return on your money. The interest rate is what the bank will pay you for the privilege of keeping your money.

Explanation:

For example, it’s not uncommon to get a .01% interest rate on a traditional savings or checking account, while interest rates on high-yield savings accounts can range anywhere from 1% to 1.35%. Here’s how that difference plays out in real life based on a balance of $10,000 after one year, assuming no additional deposits.

Type of savings account /Interest rate/ Balance after one year (based on

                                                               monthly compounding)

High-yield savings account/1.35%   /$10,135.84

Traditional savings account/.01%     /    $10,001

That’s a difference of about $135 a year — nothing to scoff at — but that gap starts to widen the minute you make monthly deposits to boost your savings.

For example, if you made $100 monthly deposits — the equivalent of $1,200 a year — your year-end monthly balance on the low-interest savings account would be $11,201.06, compared to $11,343.29 with a high-yield savings account. Over time, this adds up.

his tongue, i believe, was bloody and hanging out of his mouth.

he looked as if he were hungry.

he has several wolf-like qualities; a gray coat, sharp claws and yellow fangs.

those eyes made me feel, dear reader, like the end was near.

as i reached for a stick, he moved to the other side of the hill.

panting and hungry, he looked at me, a defenseless human and he snarled.

well i said my prayers, however, he simply turned and limped off.