This podcast episode discusses the importance of checking savings account interest rates regularly and considering other options to preserve money against inflation. It explores different types of savings accounts and their availability, including higher-interest online banks and certificates of deposit (CDs). The podcast also introduces the concepts of a "seedy ladder" for CD investments and I-bonds, US Treasury inflation-linked investments with tax advantages. It provides practical advice on where to purchase I-bonds and highlights the value of staying informed about available investment options, regardless of income level.
