Earning the highest interest rate is crucial for saving money efficiently to prepare for unexpected events.
The savings feature that would benefit Lilly the most for saving money for unexpected situations like emergencies is earning the highest interest rate. Interest earned on savings can help her money grow over time, providing a financial cushion for unforeseen events.
Having easy access to her money is convenient but may not maximize her savings potential. Mobile banking alerts can help her stay informed about her account activity, but they do not directly impact her savings growth. Avoiding banking fees is important to preserve her savings and prevent unnecessary expenses.
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