5% interest rate sounds like a distant dream for many consumers. But it is in fact a very real possibility. There are certain financial institutions that offer 5% interest on savings account.
One of the best ways to get a high yielding interest rate is through opting for a savings account that is linked with a prepaid card. The prepaid card is just a pre-requisite to get the high-yielding savings account. Initially the minimum deposit for such attached savings account was $5000, but since July 2016 certain institutions have lowered the value to $1000.
Here are some of the popular companies that have a genuine 5% interest savings account with a prepaid card.
Brinks
Netspend
Western Union
Ace Elite
Control
Other than these Momentum, Vision, Purpose, Insight, Mango, etc. offer 5% interest rate on savings account. All of these mentioned cards can vary with respect to terms and conditions.
When you sign up for the 5% interest savings account you will receive a prepaid card. The prepaid card is imperative as it lets you move to the next step, i.e. completing the process for the savings account. In this particular program, apart from your basic details like name, address, date of birth, social security number, etc. there is no credit pull. So, no need to fret as the company won’t scrutinize your credit history.
Although you can get multiple 5% savings accounts, you should fulfill one process at a time. This is because many cards might have a different name but they might be monitored by the same company.
After your 5% interest savings account gets initiated, you won’t be able to use it instantly. You’ll have to pay a premium fee so that you can access it. This fee is usually up to $500, and are mostly required to be paid through direct deposits. Post activation when you start transferring the savings funds you will notice that they will first have to flow into the prepaid card. It is only then your money is eligible to be moved to the 5% interest savings account.
You are allowed to withdraw money from this account, but like the funds deposit process even here you’ll first have to transfer the money back to the prepaid card. Then you can transfer this money to your regular bank account for withdrawal purposes.
Since the deposit and the withdrawal procedure is a little extended, a 5% interest savings account can be a great idea to save up some finances for short term purposes. Depending on your company choice you might have an inactivity penalty. So, make sure that you use your account regularly.
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Prevalence of sleep disorders in the US
Read moreSleep disorder is an alteration in the normal sleep pattern of a human being. There are many factors and conditions affecting the sleep disorder and it can vary from parasomnia, sleepwalking, sleep apnea, delayed sleep phase disorder, narcolepsy, insomnia, excessive morning sleepiness, a sudden shift in sleep cycles, bipolar disorder, snoring, sleep paralysis, and so on.
In the United States, it has been reported that around 50–70 million people suffer from sleep disorders that have affected their daily routine, health, and longevity. It is said that 1 in every 50 Americans dies of sleep disorder with deteriorating health, accumulating long time effects of deprived sleep timings, hypertension, diabetes, obesity, depression, cardiac arrests, stroke, etc. Despite the increasing medicinal opportunities in the field of science, research claims that the general public is not much aware of the sleep medicines available.
The National Institute of Health (NIH), private centers, and other professional’s groups for health centers have to ensure their commitment to the people by giving them full awareness to sleeping disorders by educating and training them. Finally, the Research and Development clinical team should recreate certain sleep programs in academic institutions.
There is a 6-times increase in sleep disorders among US veterans. Most of them even were suffering from post-traumatic stress disorder (PTSD), results proving that doubled by the end of 2016.
The general public does not realize that this ailment can affect you mentally and physically causing an imbalance due to lack of quality sleep. Almost 9 million Americans are prescribed to sleeping pills, among which most of them are white females aged 50 or above. People undergoing PTSD were around 16 percent which was actually highest considering other diseases. A study from Veterans Affairs Medical Center in Columbia says that a pre- existing diagnosis of PTSD in people were linked to increased sleep disorder onsets. Hence, it is always recommended to sleep 7–9 hours.
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Top 3 jobs for a Masters in Early Childhood Education Degree-holder
Read moreOur education plays a major role in determining which career choices are available for us. The degree that we pursue helps us in landing our dream job. The right kind of education, from the right institution, plays a major role in bringing us closer to our goal. So, if you have attained a Masters in Early Childhood Education, you can be eligible for jobs which require monitoring a child’s development and assisting the child for the same.
A Masters in Early Childhood Education depicts that you are familiar with the various teaching techniques and can help children develop skills that would help them in growing emotionally and intellectually. Since, you are deemed capable of helping children realize their full potential, here are some reputable jobs that would put your Masters in Early Childhood Education to good use.
- Childcare Center Director– At times, the responsibility of caring for our toddler is entrusted to child care centers. Not everyone can own a child care center or become a director of the same. They need to possess a Masters in Early Childhood Education Degree. This degree ensures that the person is aware of the different techniques of aiding a child’s development and can train the entire staff to do the same.
- Preschool Teacher– An individual’s development begins right since their childhood. Since childhood is such a crucial stage, it is imperative that their skills are nurtured in the right manner. Since you have the ability to devise methods to ensure that every child participates in the learning process and benefits from it, you will fare excellently as a preschool teacher.
- Home-based Service Provider- Often, parents aren’t comfortable with sending their children to a play school and are of the opinion that the home is the best environment for the child’s development. In such cases, they opt for a home-based service provider who can effectively provide the perfect learning environment for the child. Your Masters in Early Childhood Education ensures that you would provide the right kind of learning environment for the child.