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

Latest News About High-yield savings accounts soar to 4.50% as of this June

High-yield savings accounts as of today pay about 4.50% interest. A $10,000 one-year CD usually earns better returns than the same amount in a high-yield account. CDs usually offer stronger rates but require locking up funds for set periods. Pulling out early from a CD triggers penalties. Brigham Young University research shows sports betting damages financial health. The investigation found consistent financial losses when folks gamble instead of saving.

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