My money could earn a significant amount of interest, if I picked the right banks and accounts at the right time. That's when he explained the concept of high-yield savings accounts and CDs. Second, he saw that my money was sitting in a savings account earning hardly any interest. Within minutes, my partner shared two giant red flags that he saw inside my portfolio.įirst, he noticed that I was extremely cash heavy and didn't have any investment accounts. ![]() We sat down and shared all of our assets, accounts, and even future money goals that we separately had. Moving my money always involves some risk - I have to accept that I could miss a better opportunity.įive years ago, my partner and I decided to be transparent with one another about our finances.It can take a few hours to get everything moved over, and I need to go in with a specific plan.I regularly move my money between various high-yield savings accounts and CDs for better rates. ![]() Terms apply to offers listed on this page. In some cases, we receive a commission from our partners however, our opinions are our own. Our experts choose the best products and services to help make smart decisions with your money ( here's how).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |