There's Only Four Accounts You Need

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WHAT BROUGHT ME TO YOUTUBE: I worked at Goldman Sachs, in Private Equity, and built up a $100M holding company. But after being in Wall Street for so long, I got tired of managing hundreds of millions for the rich. Investing was for the few not the many. F that. You all are the reason I do this. We as a society need to get rich together. My mission is to create 100,000 business owners, I hope you’re one.

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Emergency fund sits in HYSA. No reason to keep it in checking.

Onurtime
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Her and Grant Cardone should get married and sell each other their bullshit !!

coreykaz
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You shouldn’t invest an “Emergency Account”. If it’s tied up, it’s hard to get out for an emergency. Just put 3 to 6 months worth of your salary in a high yield savings account.

Mao
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Actually, your emergency fund should be kept in your High yield savings. If you have 6 to 9 months worth of savings to cover your daily life in an emergency, that money is making you 120 - 290 per month (depending on where you live and minimum living expenses).
Your checking account should just receive money and automatically redistribute to your HYSA, brokerage account and automatically pay all your bills. Leave no more than 2000 in there for middle of the night emergencies ( wire transfers and ACH transfer can only go through on business hours)

audikool
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Definitely DONOT USE CHASE in the background 😅😅 you pay for basic services including pens & notepads

ob
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LOL! Where can I get that “Freak In The Sheets” coffee mug. Omg! I love it, it’s so hilarious.

caydonni
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But I thought your emergency fund should be invested and NOT sit in your checking account. Wtf?

GI-uwtw
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You helped me out so much introducing me to true med! I have been wanting something like this! The gym should be an hsa expense to me and go towards insurance detectable and max out of pocket.
I REALLY Wish the government would let us have limited purpose flex savings accounts out side of an employer…

cp
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Big huge medical bills? Wtf? Move to Europe or Canada. The USA health system is like playing the lottery!

markluxton
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Yeh just make sure you invest in the right stocks and diversify so that when something unexpected happens like your Crowdstrike stocks plummet due to incompetence, your diversification helps limit the damage while they try recover from their brand damage.
And if you have a mortgage and you are paying more in interest than you can earn from investments, use any spare cash to pay that mortgage down as aggressively as possible to reduce those interest payments.

simonlloydspencer
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the worst thing you can do is have more than $2000 in checking - inflation is eating it away.

videosmydad
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Emergency fund goes into the high yield savings account, not checking.

anthonys
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Anyone else got that she is promoting Trumed?

jorgenavarro
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401k contributions are deductible. Roth IRA are not.
Hsa will rollover but an fsa will not.
Yes to high yield savings account And checking!!
Also dividend paying stocks

CreatorsExpress
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Curious as to why you’d recommend investing your emergency fund, the purpose of having an emergency fund is so you don’t have to pull out of the market during a downturn. Once you have your emergency fund, sure.

goat
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Could you make a full video on this in depth?

v.a.infinity
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Codie getting thicker 🙌🏼 she’s truly a freak in the excel sheets

ConvictCorporate
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Did she just promote Chase Bank? Worst bank ever to have your money in.😮

kastnostones
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A health savings account where the bank makes money on your savings. Also, if that account is a certain balance, there will be monthly fees.

ghanna
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Medical bills? Europeans are laughing hard here 😂

alessiodf