4 Places To Grow Your Cash Savings Faster Heading Into 2024

The Fed funds rate, the target interest rate at which commercial banks borrow and lend their extra reserves overnight, is expected to decrease by the end of 2024, but not by much and likely not until later in the year.

As a debt-free millionaire and personal finance educator, I shifted some of my own riskier and volatile investments to cash so that I could take advantage of high interest rates that will continue into the new year. You can do the same.