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Regular Savings vs High-Yield Savings vs Money Market vs CD⎟4 Types of Savings Accounts (explained)

THE BROKEN WALLET 45 views

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lady, you are a fox
Comment from : @douchebagout

Just discovered your videos and really enjoy them Subbed and look forward to more of them
Comment from : @Nyckxd

Well… it sounds like most of her audience have “impulse problems”
Comment from : @Man0fMeans

Great video, subscribed! Made everything very easy to understand
Comment from : @gpwildcat77

She lost me at axed
Comment from : @HarveyWallbanger-ho2cq

Very informative! Thank you
Comment from : @subtlejoys

i have regular savings cd and money market
Comment from : @davidclarke10

Great video, I've had such a hard time knowing the difference between these accounts!
Comment from : @crimbleland

This video is absolutely fantastic You explained this so well and even for what the specific accounts can be actually used for THANK YOU Very clear and you answered a question probably hundreds of us typed in the search engine 😂
Comment from : @calebandclaudia

Great video as always Lots of high yield accounts in 2023 are now 4 or higher Subject to change if the Fed starts lowering rates next year but it’s nice for now More 1099INTs to send out! I keep two baby savings accounts in regular savings accounts for a smaller emergency or certain bills High yield is the main savings
Comment from : @danielponder690

this video is so helpful, thank you for taking the time to make them!
Comment from : @nayelic6359

Subscribed because how you just broke this down finally made sense to me !!
Comment from : @luv_ajee

Great video! So refreshing to hear a natural relaxed voice at a good pace I appreciate that you go straight to the point too
Comment from : @mirir8557

Great video!
Comment from : @josephtejero7317

Great video
Comment from : @jackjack4412

Great video I’ve never seen someone explain the different type of saving accounts they way you did! It’s like I actually understand now !
Comment from : @ebonyhorn7741

Just opened a high interest savings account thru capitol one @36 Thanks for thr info 👍
Comment from : @g_dub

New Subbie 🎉 Very informative video brThanks Vee
Comment from : @juffna7670

Stagger amounts and terms for CDs so its ALMOST closely accessible in varying amounts Im doing 30 days thru 5 year terms
Comment from : @ltgemini1599

Thank you!! This was incredibly informative
Comment from : @_hiroxsan

Does transferring funds from an online high yield savings account lower the interest rate?
Comment from : @tapangasoul6928

Great Video!!! And your so motherly, it felt like my mom was giving me advice lol
Comment from : @swoletimeappareltv9655

Great video! Explained very well
Comment from : @TieraL

It's great that you included bad habits and pitfalls
Comment from : @MusiqChildx

Very helpful! Thank you!!
Comment from : @DeepSleepingState

Was hoping you would talk about cd rates at different times and/or banks Thanks
Comment from : @andreabrutscher9824

Wow! Usually when I read on this topic it seems like a foreign language Your style of speaking is very precise Clear and easy to understand Being retired yet working part time I really appreciate you breaking down in lame terms the various ways to handle money with options Excellent financial advisor
Comment from : @tavariallen2323

This was very informative and simple to understand
Comment from : @lexilozayy7257

Thank you so much for this amazing videos, i have a question, i am considering to pay off my condo, but i would like to know if it's a smart move since i am using my life time savings, i am so concerned about not being able to pay bills or any emergency since i will be in "0" if i use it, what do you recommend!? to keep paying monthly and keep my savings !? Or to pay off and start from cero a new savings account!? I retire in 10 years Thank you in advance
Comment from : @patriciamaqueda2782

Great Video I like variety I have a few HY savings accts (short term & long term emerg funds) and 1 HY MM for our house down payment Afer i close on our new house, ill probably move some funds into a longer term CD
Comment from : @docsays

Would it be possible for you to do a video for those over 50 starting from scratching Lost everything making bad side business decisions😢😢
Comment from : @cvmitchell9368

Great video! I love that you actually teach real finance skills and information on your channel It's such a valuable resource!
Comment from : @howtoadultschool

Thanks for explaining these 🙌🏽
Comment from : @tyrisanders

Great video
Comment from : @liliamrodriguez3020

So helpful! I am always wondering about this but feel like asking a bank isn’t the best route since I think they have sales quotas on accounts
Comment from : @emilyemm8460

👍🏻👍🏻👍🏻
Comment from : @BelleStreetBoyz

I just have no words to thank you I share your videos Il pray for you that God bless you, as you blessing us with your timebrbrLove ❤brShehnaz AhmadbrJohannesburgbrSouth Africa br🇿🇦
Comment from : @shehnazahmad5213

T-mobile Savings pays 1 currently; I don't think you have to be a T-mobile customer to open an account It's serviced by Customers Bank
Comment from : @ern-7080

I have a regular savings account (and I like watching it grow,), but I've also been thinking of opening a high yield savings account, so I have both
Comment from : @feylights166