My last interest payment from my Marcus account yielded me $220 for December. I'm hoping to keep saving until I'm yielding $500 a month, and putting that money into an index fund. That's my goal for 2024.
@Learninghowtorebuild
5 ай бұрын
Smart
@emeldcentor1474
Жыл бұрын
No doubts, A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
@Alexedmartin.
Жыл бұрын
I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas.
@emeldcentor1474
Жыл бұрын
@@Alexedmartin.Generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself
@Alexedmartin.
Жыл бұрын
I value your recommendation Emeld. It's challenging to locate a trustworthy person. I could really use your investment advisor after seeing how much money you've made through investing. If you don't mind revealing her information, that is
@emeldcentor1474
Жыл бұрын
By looking for her name online, you can quickly uncover her information. She recently appeared on CNN and she is really simple to deal with no matter where you're located
@ugojazzy7812
Жыл бұрын
@emeldcentor1474 You are correct, and I am only one of many who gained from working with Regina Louise Collaro. I had no reason to live when I lost my job due to COVID in 2020, and it will always be a memorable year in my life. Regina made it possible for me to live comfortably through passive income, thus I owe her my life. To be completely honest, I think she is an angel who was sent to help those who are struggling financially.
@Mr.RobinsonLBC
Жыл бұрын
Capital One 360 Savings is an account that has been growing since I started putting money in... I put $30,000 in the account late last year, it's APY was about 2.75% at the time... They keep increasing it... As of June 2023, it's APY rate is 4.10%.... I'm actually kind of scared it might drop down
@soleilwhitton6397
Жыл бұрын
I'm with them too. I was glad the rates increased but don't want to go bank to bank to bank chasing interest rates. I am feeling as if CO is taking their time and be cautious about interest rate hikes but for some reason, I am ok with that.
@coya8coy175
9 ай бұрын
@soleilwhitton6397 I too don’t wish to chase interest rates; it’s such a pain opening and closing accounts. I chose my HYSA based on customer service, previous experience, and the fact the company has been around for awhile. Not sure about these newer online banks.
@anniemo3319
Жыл бұрын
Thanks for your info. I just opened trust account. I have cap one account. I will look in Goldman account. Stay safe and blessed sll.
@mikeblackman1768
5 ай бұрын
I have 2 high yield saving accounts … I making about $360 between the both of them.💪🏿💪🏿💪🏿
@Learninghowtorebuild
5 ай бұрын
Which companies?
@Native722
Жыл бұрын
I have multiple bank accounts, credit union, online savings n checking
@LadeeLibra1018
11 ай бұрын
That’s great because you shouldn’t keep all your money in one place.
@keleighstarr3151
Жыл бұрын
Just opened my Bank Purley Money Market account last week based on this suggestion. It took 3 business days for the deposit transfer to reflect which I was surprised by. I also did a HYSA with American Express and that one only took 24 hours. Not a big deal since they have the ATM card which I already received. Will be testing out the customer service later this week.
@AyeJye
Жыл бұрын
Thanks for explaining High yield savings accounts…..I’m new to financial planning so I didn’t know what this was
@fadetoblack3648
Жыл бұрын
got all my investments with the big boys but my temporary cash (pay bills) is only getting 0.42 =(
@Nintendogamer757
Жыл бұрын
I use Capital One for my HYSA, but Bank of America and Wells Fargo for the physical branches and ATMs
@mateoort4187
Жыл бұрын
Why bank purely has no video reviews?
@anthonyoneal
Жыл бұрын
Should I do one?
@mateoort4187
Жыл бұрын
@@anthonyoneal most definitely
@mateoort4187
3 ай бұрын
Yes pls 👏
@marquiselogan9832
Жыл бұрын
I bank with Navy Federal
@Learninghowtorebuild
5 ай бұрын
But do they have high yield account 🤔
@marquiselogan9832
5 ай бұрын
@Learninghowtorebuild No I use Navy Federal for my checking accounts and Discover for my savings
@Learninghowtorebuild
5 ай бұрын
@@marquiselogan9832 I also have NF and use it for savings/ checking, but I wanted a high yield account too to have a secondary account that's sitting longer but gaining $$.
@p61xbp12
Жыл бұрын
Create an Ally Savings account, then open an Ally Checking account and have them send you a debit card & checks so if you ever need the money you can transfer the money from the savings to checking instantly and use it when needed
@aniyahjohnson839
6 ай бұрын
Respect
@skynet000001
Жыл бұрын
CIT Bank …platinum savings rate at 4.95%
@AyeJye
Жыл бұрын
So these accounts are ONLY ONLINE??? What if something happens with technology or a power outage to were we cant get to our money??
@soleilwhitton6397
Жыл бұрын
Capital One has a physical bank in my area but most of my transactions are online. You are asking a good question though. Definitely something to think about.
@AyeJye
Жыл бұрын
@@soleilwhitton6397 yeah that’s the first thing that popped into my head….. if it’s a savings account I need access
@chemquests
Жыл бұрын
The internet isn’t going anywhere that fast
@crichardson5238
Жыл бұрын
Your transparency in your bad decisions give such hope for those who may not have made good decisions. The grace of God is the best helper!!
@kimbunting3229
Жыл бұрын
Yes sounds like Dave Ramsey financial peace
@d.nzegwu2154
Жыл бұрын
AO used to be a part of Ramsey Solutions ...
@AyeJye
Жыл бұрын
Is there any benefit to having accounts In credit unions?
@gracelandenterprises2536
Жыл бұрын
I have a credit union account simply because of a CD rate being offered at 5.13% for a year solid return Opened that account a few months ago!
@AyeJye
Жыл бұрын
@@gracelandenterprises2536 o wow that’s great!
@RaymundLM
Жыл бұрын
Switched over to SOFI saving currently (2023) 4.50% APY And have secondary PayPal saving 4.30% APY both FDIC insured
@missshopper25
Жыл бұрын
Hey AO! Another great video! Thank you for always being honest with us and all lessons that you teach us. Blessings to you sir. Enjoy your day!
@Tiaffo
Жыл бұрын
"We can all bounce back from those bad decisions... " 💯
@ambgab19
Жыл бұрын
I bank with wells fargo but my emergency fund is with Marcus. Best decision ever!
@nastystew6942
Жыл бұрын
You remade this video! What happened to Synchrony Bank?
@anthonyoneal
Жыл бұрын
This is a clip! The full video link is in the description!
@the_seeker.entity9206
Жыл бұрын
What's hilarious is I'm also in truist they're APY for something like their checking is .01%
@patriciastuckey5060
8 ай бұрын
Truly enjoyed all the information , I am putting to use
@DezmondAbrams
Жыл бұрын
No more prizepool?
@gracelandenterprises2536
Жыл бұрын
I have CIT Bank …platinum savings rate at 4.95%
@namekyoyo
Жыл бұрын
I thought it was 4.88%
@Native722
Жыл бұрын
5k+ required
@namekyoyo
Жыл бұрын
@@Native722 Yep now at 4.95%
@Snacks1991
Жыл бұрын
I wonder if its $80 every month
@ahumm8280
Жыл бұрын
Your money doesnt just actually sit there! They use that money and it should be like an investment! Unfortunately things changed from when you could put a certain amount in the bank and it would build interest at a much higher rate and that was with the same regular accounts that pay fractions of a penny on a dollar now!
@JPRATT537
Жыл бұрын
Discover card is offering 4.15% APY for their HYOSA. That's who I'm using at the moment.
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