Today we're breaking down every single money account that you need, don't need, and what each account is and should be used for! We'll cover checking accounts, savings accounts, HISA's, and investment accounts in this video. Once it's done, you'll know which accounts you need to be using, our specific recommendations, and how to use everything properly.
0:00 Introduction
0:52 Why Money Accounts Are Important
2:04 Checking Accounts For Cash Flows
3:31 When To Use A Savings Account
4:58 Traditional vs High-Interest Savings Accounts
6:35 Tax-Free Investment Accounts
8:58 Tax-Deferred Investment Accounts
10:22 Non-Registered Investment Accounts
11:53 How To Set Up Investment Accounts
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Disclaimer - This content is for education and entertainment purposes only. Steph & Den do 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.
