I'm so glad this video exists, and I wish it had existed 15 years ago when I was just like young Hillary with money. I don't like to think of the amount of money it cost me just sitting in that savings account making zero-point-piddly-squat interest rather than invested.
I enjoyed this video and am proud of what you've learned. You might enjoy watching Caleb Hammer's videos where he advises people who have made a mess of their finances primarily because they never received any financial education, like most of us.
Ooooh I've been following Caleb for almost a year now. It's crazy how fast his channel has grown!! I know I couldn't do the "tough love" approach he's nailed down, but I know that's exactly what some people need for their finances, haha.
High yield savings accounts might not be a bad savings vehicle right now depending on your age. The stock market is poised for a potentially significant correction (and may already be in one). If you are under 50 years old, it makes sense to invest. However, knowing that it can take as long as 10 years to recover and gain back losses from a big market correction, it makes sense to not put most of your eggs in that basket if you are over 65 years old. Conservative investing can have long term benefits in this case.