59% of Americans live paycheck to paycheck — these high-yield savings accounts can help you break the cycle

Living paycheck to paycheck doesn't always mean you're running on empty. It can also mean the money you do have just isn't working as hard as it could. According to an April CNBC affordability survey , 59% of Americans say they live paycheck to paycheck, including 74% of millennials. Even so, small balances have more potential than they're often given credit for, especially when they're in the right place. A high-yield savings account offers a simple way to make your money grow faster than it would in a traditional account, without locking it up or requiring a hefty minimum balance. Here's a look at some of the best high-yield savings accounts for anyone trying to stretch each paycheck a little further. Best HYSA if you're opening with a small amount When most of your paycheck is already spoken for with rent , groceries and bills , the idea of opening a savings account that requires a minimum deposit can feel like it's just not in the cards right now. Western Alliance Bank lets you open an account with as little as $1. There are no monthly fees that would chip away at a small balance and no cap on how much you can earn with its high APY, so whatever you're able to set aside is actually working for you. Western Alliance Bank is a Member FDIC. …