BEWARE: High Yield Savings Account Trap
Are you sure your high-yield savings account is keeping pace with inflation? We break it down and explore alternative strategies to make your money work harder for you. It's important to stay ahead financially and inflation is a unique challenge that quietly (or not so quietly) takes money right out of your pocket. Time to fight back and beat inflation and here's how to do it.
✅More on Emergency Funds: https://youtu.be/GxGZ9vEfif4
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Affiliate Links:
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💰Best High Yield Savings Account Rates
✅Raisin - https://raisin.sjv.io/banking.basic
📈Best Investing Sites
✅Webull Investing: https://a.webull.com/KFgvCo8xFhnXHdBH8n
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💰Best CD Rates
✅Raisin - https://raisin.sjv.io/banking.basic
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NOT FINANCIAL ADVICE DISCLAIMER
The information contained herein is not intended as, and shall not be understood or interpreted as financial advice. I am not a financial advisor, attorney or tax professional. The information contained herein is for entertainment purposes and not a replacement for financial advice from a professional who understands your specific financial circumstances.
0:00 HYSA vs Inflation
0:48 What is a HYSA
1:24 Inflations Impact
1:44 When to Use HYSA
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3:23 Money Mastery Step 2
4:38 Money Mastery Step 3
5:28 No. 1 Investment Option
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