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5 Essential Bank Accounts EVERYONE Needs 

Adrienne Invests
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5 ESSENTIAL BANK ACCOUNTS EVERYONE SHOULD HAVE (for ABSOLUTE BEGINNERS to save money!)
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if you liked this video, check out this video on the 7 ESSENTIAL SINKING FUNDS YOU SHOULD HAVE: • 7 Essential Sinking Fu...
Hey guys! Welcome back to my channel. In this video, I'm sharing the 7 essential bank accounts that everyone needs so you can organize your money and and manage your money well! These are just 5 bank accounts to get you started. Figuring out what works for you may take some time but be patient! That may be more than 5 and that's ok :)
Here are the 5 essential bank accounts everyone should have:
1. main checking account
2. short term sinking funds savings account
3. long term sinking funds savings account
4. emergency fund savings account
5. investments account
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17 сен 2024

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Комментарии : 9   
@AdrienneInvests
@AdrienneInvests Год назад
what banks/financial institution do you use or recommend?
@donaldlyons17
@donaldlyons17 Год назад
I like TD Canada Trust because it only cost 4$ CND each month for a checking account witch doubles as my savings account. And I also use Bank of America as the U.S. checking account but it is only for CND currency deposits, and daily, monthly, and year to year expenses.
@donnanorris4733
@donnanorris4733 Год назад
Credit Unions - fewer banking fees.
@paytonnewcomb5035
@paytonnewcomb5035 Год назад
We use JP Morgan Chase Bank + Vanguard Investments. I like the idea of multiple accounts but within the same bank!
@sourdoughsavant22
@sourdoughsavant22 Год назад
Varo is the highest APY savings account that I've seen
@gold9ja
@gold9ja Год назад
Great video, I have all these accounts. It helps in the end of the day financially.
@donnanorris4733
@donnanorris4733 Год назад
Are you related to Holy Schmidt? I watch him too :-). And, he talks about money too!
@sourdoughsavant22
@sourdoughsavant22 Год назад
I fully disagree with keeping your accounts in the same bank... banks can go under, and FDIC insurance caps coverage at each bank0
@pamelaliegh
@pamelaliegh Год назад
I keep a single savings account at two separate banks other than my main. Not because of the FDIC part, it’s because I need to have these things out of sight. All of my accounts connect to my budgeting app so I can keep track; separation of accounts like that, really works for me.
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