using multiple bank accounts to build WEALTH, pay off DEBT & GET AHEAD financially

I love your content 🎉 thank you for sharing! Can you talk more about investing

You mentioned a Roth IRA but do you have general investment account ?

Great video. I think people should stop using these banks that charge them all kinds of fees for no reason.

I used to have 6+ bank accounts and overtime I just narrowed it down to Fidelity's CMA and Schwab's checking account [since I invest on both platforms already].

The CMA yields 2.6% on cash sweeps and I use it for recurring payments. The left over cash gets put into a money market fund [spaxx or swvxx] that yields higher rates than most high yield savings accounts. If I ever go over the cash available, it just pulls automatically from the money market fund with no fees. The Schwab checking account is what I use for my fun money and travel money, as well as what funds my taxable brokerage account. Both Fidelity and Schwab are free accounts, no fees, have amazing customer service and repay atm fees around the world.

Never thought of the IBond as an emergency fund. Just thought i could just hold on to them. But thats a good thought. Mine will be coming to a year in August. Which HYSA do you suggest i use for the highest rate to place that money?

So for the Hysa that are accruing interest you have to report the interest on those accounts on your taxes correct?

Ps. You motivated me to open a new checking account for fixed expenses + automate them! This is so clever yet simple! My bank allow me to open 2 free checking accounts

May I ask what you do for a living that allowed you to get all you have now? If it is not too personal of course

Your content is so motivating and encouraging. Thank you for being so open with us with finances! I’ve learned so much from your channel.

As always, great video. If it is not too personal, what hysa do you use for your roth? Thanks😊

💕💕 Do a video on how you switched mindsets on building wealth, believing that you could earn way more money, etc, I am fascinated. 💕 There aren't a lot of black women YTubers who set up back up accounts to pay off future large purchases!!! (Atleast, in the detailed way that you do)!!

Smart Mama🎉🎉🎉