As the US Fed continues to increase the federal fund rate to 3.75%-4% in Nov 2022, if you have ideal cash sitting in a normal saving account, you should start looking at high yield saving account (HYSA) or buying US Treasury Bills. Why? Earn interest rate of about 4% This is the latest results from…
As the FED increases interest drastically in the US since Mar 2022, high-yield saving account (HYSA) started to become a must-have for expats in the US, to save money and earn high-interest rate. This type of account differs from your normal checking or saving accounts in that they pay a much higher interest rate (like…
When I first moved to the United States, I was excited about the prospect of buying my first car. I had heard that the process was a bit different here than in my home country, but I wasn’t quite sure what to expect. Buying a car is always a big decision, and as an expat,…
When it comes to credit reports, most people don’t give them a second thought – until something goes wrong. If you’re an expat in the US, though, credit report freezes are a must. A credit report is a record of your credit history that includes information about your credit accounts, payment history, and credit utilization.…
If you’re an expat living in the US, you may be wondering if you can use a flexible spending account (FSA) to cover your health care costs. FSA is a tax-advantaged account that allows employees to set aside money each year to pay for certain medical expenses. In this article, we will explain what FSA…