High Yield Savings Accounts For Beginners | DO THIS NOW
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This video explains High Yield
This video explains High Yield Savings Accounts for a COMPLETE beginner which includes the BEST High Yield Savings Accounts to start with. After learning everything in this video, you will realize why you need to start placing your savings in a high yield savings account instead of a traditional bank. Signing up and starting today should take less than 5-10 minutes and will help you take another step in the right direction for your financial future. Get what you deserve and not the big banks - Enjoy!
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🏦 SoFi Checking & Savings ($325 Cash Bonus): https://dannysully.link/SoFi
📄 Free Savings Account Mastersheet: https://dannysully.link/SavingsMaster...
Sign Up Bonus Offers:
💎 SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi
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📊 Get $100 Free Stock on M1 Finance (Min. Deposit: $10,000): https://dannysully.link/M1Finance
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Resources:
📖 Free Learning Guides: https://dannysully.link/FreeGuides
🗞️ My Newsletter: https://dannysully.link/Newsletter
📊 How I Allocate My Investments: https://dannysully.link/PrivateNewsle...
🚧 How To Build An Investment Portfolio: https://dannysully.link/PortfolioBuilder
📚 Recommended Books: https://dannysully.link/Books
📸 My Recording Equipment: https://dannysully.link/YouTubeSetup
Connect With Me:
🐦 Twitter - Twitter: DannySully_
📝 LinkedIn - LinkedIn: danny-sully
🌐 My Website: https://www.dannysully.com/
🎥 Relevant YouTube Videos 🎥
Certificate of Deposits (CDs) For Beg...
Treasury Bills For Beginners: The Ult...
⏰ Timestamps ⏰
00:00 Intro
01:07 What Is A High Yield Savings Account?
04:31 The Benefits
06:57 Best Accounts
09:38 Things To Be Aware Of
11:28 Sign Up Bonus
Why A High Yield Savings Account?
A High Yield Savings Account is in simple terms a savings account where you can earn higher interest than one with a traditional bank. These accounts shown all come with no monthly fees nor minimum deposit requirement besides one (that is $100), and are all stated to be FDIC insured as of the recording of this video.
What is FDIC insurance?
These high yield savings accounts state they have FDIC insurance which means if the bank were to fail for some reason, the government would protect your savings up to $250,000. By staying under this insured amount, the risk with one of these compared to any other large bank is nearly the same.
🔔 Don't forget to subscribe with notifications on and hit that like button!
Some of the links in this description are affiliate links that I get a commission from. Any commission helps support my channel and I would greatly appreciate it!
Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.
Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/dannysully
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. 🎨
See important Masterworks disclosures: https://www.masterworks.com/cd
🏦 SoFi Checking & Savings ($325 Cash Bonus): https://dannysully.link/SoFi
📄 Free Savings Account Mastersheet: https://dannysully.link/SavingsMaster...
Sign Up Bonus Offers:
💎 SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi
📈 Get $60+ Free Stock on Webull: https://dannysully.link/Webull
📊 Get $100 Free Stock on M1 Finance (Min. Deposit: $10,000): https://dannysully.link/M1Finance
💰 Get $200 Bonus on Coinbase: https://dannysully.link/Coinbase
Resources:
📖 Free Learning Guides: https://dannysully.link/FreeGuides
🗞️ My Newsletter: https://dannysully.link/Newsletter
📊 How I Allocate My Investments: https://dannysully.link/PrivateNewsle...
🚧 How To Build An Investment Portfolio: https://dannysully.link/PortfolioBuilder
📚 Recommended Books: https://dannysully.link/Books
📸 My Recording Equipment: https://dannysully.link/YouTubeSetup
Connect With Me:
🐦 Twitter - Twitter: DannySully_
📝 LinkedIn - LinkedIn: danny-sully
🌐 My Website: https://www.dannysully.com/
🎥 Relevant YouTube Videos 🎥
Certificate of Deposits (CDs) For Beg...
Treasury Bills For Beginners: The Ult...
⏰ Timestamps ⏰
00:00 Intro
01:07 What Is A High Yield Savings Account?
04:31 The Benefits
06:57 Best Accounts
09:38 Things To Be Aware Of
11:28 Sign Up Bonus
Why A High Yield Savings Account?
A High Yield Savings Account is in simple terms a savings account where you can earn higher interest than one with a traditional bank. These accounts shown all come with no monthly fees nor minimum deposit requirement besides one (that is $100), and are all stated to be FDIC insured as of the recording of this video.
What is FDIC insurance?
These high yield savings accounts state they have FDIC insurance which means if the bank were to fail for some reason, the government would protect your savings up to $250,000. By staying under this insured amount, the risk with one of these compared to any other large bank is nearly the same.
🔔 Don't forget to subscribe with notifications on and hit that like button!
Some of the links in this description are affiliate links that I get a commission from. Any commission helps support my channel and I would greatly appreciate it!
Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.
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