#high yield savings accounts
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The Easy Passive Income Stream For A Beginner | High Interest Savings Accounts
In this video, I share with you this easy passive income stream - High Interest Savings Accounts.
Are you looking for an easy passive income stream? Look no further! High Interest Savings Accounts could be the perfect investment opportunity for beginners. Watch this video to learn more about how you can earn passive income with minimal effort.
I think this is a great passive income stream for everyone to have, especially for the 'emergency fund' or my favorite the 'vacation fund' that can earn that extra interest whilst sitting in a bank account, and it only takes 5 minutes to set up.
Be sure to take notes but more importantly take action to start earning the easiest form of passive income where you let your money work for you. A high interest savings account is a form of passive income that is the single and easiest tool to creating another stream of income without any effort.
This content is for educational and entertainment purposes only. Georgia does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
finance #investing #passiveincome
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#tiktok#high yield#saving account#financial advice#american express#fdic#Barclay#city Bank#Capitol one#sofi#banking
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Go get some Assets
To Produce active Income
#art#generationalwealth#mansorus#mental health awareness#philly#real estate#high yield#savings#bank account#racks#crypto#funds#funding#credit repair#good credit
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no billionaire "worked hard" for every dollar they have.
either they got lucky and started out with a lot of it from their parents, or they exploited others to get it.
#also no genuinely good person would ever become a billionaire and continue getting richer#if I somehow got ahold of that much money I would be giving too much of it away to stay a billionaire#I'd only keep enough to let me live comfortably#and then the rest I would find a way to use it to help people#I'd give big tips at restaurants and call them ''gifts'' so that the waitstaff doesn't have to pay taxes on it#at the very least I'd set up a high-yield savings account to live off the dividends#there are so many things I could do with that much money#and I could set up others so I could donate those dividends to different charities#rather than a single lump-sum donation and the money is gone#there are so many ways to be generous with that much money
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it's december so that means it's...unsexy drumroll...financial health checkup time!
(or maybe it's actually a sexy drumroll because financial literacy is in fact big sexy.)
highlights from this year's check up include me realizing i have been 10000% wrong in my assumption of how company stock options are taxed :(
anyway I do this exercise yearly ever since my very first post-college job because the stonks might be astrology for rich people, but if learning about them helps me not lose money when inflation is higher than my savings account rate of return, then that's a win!
#listen the finance bros can be obnoxious but they are right about the merits of longterm investment#and i am very passionate about the benefits of mutual funds and etfs and even high yield savings accounts#random text post silliness
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Hi bitches! I feel absolutely exhausted but a good exhausted because I just opened a savings account and a CD account and I know it's a like a big step and really important since I'm a young adult but oh my god! Anyways thanks for your advice!
VICTORY!!! Oh we're so damn proud of you, my pet. This is a big accomplishment. Take a minute to celebrate and then keep leveling up!
For everyone still working on this step:
From HYSAs to CDs, Here's How to Level Up Your Financial Savings
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I have decided that I do not need to be the goth gf of a finance bro, I am going to become my own finance bro
#ive been BINGING financial literacy material i am so overwhelmed but i can feel the wrinkles forming in my brain#i have bought two starter books on finance#i am learning about high yield savings accounts#gonna dip my toes in investments#i wanna own a house#no one around me is gonna break the generational poverty so i guess i must
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Goal one of the 2024 will be accomplished tonight now
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Not to be totally pointless on main, but TBH I fucking hate how the question of ''what would you do if you won a million Euro?'' is always answered with some kinda ''well akshully, you'd have to pay taxes on it so it wouldn't be a million'' -gotcha.
Like, STFU, 700k is STILL a lot fucking more than what most of us in this stupid shithole of a country will make in our lifetime. Answer the bloody question like a normal daydreamer person or gtfo of the comments.
#Uupiic talks about stuff#I'd buy a small apartment near-ish the city centre. in a renovated building because I don't like the new projects#(and they're also mostly for people with cars)#the one I go by daily has small ones for around 40'000#then I'd probably pay off my mother's and dad's debts#and the rest would go into a retirement fund and a high-yield savings account#and that's that I think
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interest payments on normal savings accounts are so silly its like someone knocking on my door every month and handing me a nickel
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Happy 1 year of having credit to me! Now I need to go research getting a new credit card this week.
#my discover is fine except that. well. i am traveling internationally in may and it is not accepted where i am going#but for many card options you need at least one year's credit (in addition to your score or whatever)#my credit score is great so it's the length of credit that i was worried about#i actually think the score will go up if i open a new card. they like it when you can balance things#too many cards = red flag#too few = we're not sure you can be responsible for more than One Thing#anyway. i march forward once more in my steps toward understanding finances as a new adult#now that I've got Adult Things like credit cards and CDs and high yield savings accounts and budget spreadsheets and IRAs & did my own taxes
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i mean this in all seriousness.....
every bonus and raise i get at work is cuz i taught myself adobe automation tools and javascript for adobe (even though i took cs in hs like, i could not find a class in what i wanted so i just had to self teach it)
but the only reason i self taught that was cuz i was overly obsessed with kpop
so as long as all my savings accounts are where they should be (percentage of income-wise)... so like 401k, emergency fund, down-payment fund.......(which.....are all invested and/or in high yield 4.5% monthly compounding interest accts and are making their own money)
i can just dump all my disposable income into kpop because if i wasn't unhinged about kpop, i would not have this much disposable income lol
i feel like this is 100% an original meaning of girlmath moment tbh
#personal#i mean i also.....budget like a crazy person and save like....20-25% of my yearly gross income lol#and was doing that when i was broke too......bc im nuts and also bc the same reason my mom was nuts abt saving#(my mom was afraid shed have another stroke so she saved sooo much for retirement...and then did have to#retire early....but not bc of stroke but bc she also had CANCER what the actual fuck#like shes never done drugs and barely drinks and was a professional dancer which is like...a literal athlete..#thats NOT FAIR)#soooo she taught me how to save and invest super early lol.....like she....had me put my#bday money in an investment account every year and i was only allowed to spend interest#(explaining interest on a CD to a 8 year old by saying its a free GBA game lmao)#that was literally how she explained the $30 of interest the cd made i was like...ooo free!! i like free free is good!!#i have like.....enough to cover 2 months of basic bills (not including paychecks coming in) in checking#and then everything else is invested or in high yield.....#im so mad rn bc my 401k isnt doing that great tho....like my high yeild and my brokerage accounts are doing better#like the 401k is pretaxed and i get a very generous employer match of 5% instead of 3% so its worth#putting the money there instead of having it in my paycheck and putting it with the broker#buuuuut its annoying me#like im definitely getting more overall out of putting in 401k....but i wish it was making the same interest as my brokerage is
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#real estate investment#stock market investment#mutual funds#cryptocurrencies#fixed-income instruments#high-yield savings accounts#financenu
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High Yield Savings Account: A Smart Way to Grow Your Savings
A High Yield Savings Account offers a great opportunity to earn more on your deposits compared to traditional savings accounts. With higher interest rates, your savings grow faster, helping you achieve your financial goals quicker. Whether you're saving for a rainy day or planning for the future, a High Yield Savings Account can provide you with a secure and reliable way to earn passive income. Make your money work harder with this type of account and enjoy the benefits of earning more interest over time.
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My HYSA's raising their rates again. ROLLIN IN THE DOUGH OVER HERE.
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who are your bitchesssss the ones that you invest in
I 🩷 my bitches self care and quality time with loved ones
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