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Mint Podcast: Savings Accounts Only Benefit Your Bank, Not You: Try These Options Instead If You Need Liquidity

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Manage episode 478770345 series 3651772
Content provided by Mint - HT Smartcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mint - HT Smartcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Leaving your money in your savings account gives you very less interest, and you basically lose money over time since it doesn't even beat inflation. It however does benefit your bank, since they can use that liquidity for lending money, on which they generate interest. But why should your hard-earned money not benefit you instead?Instead of savings accounts, here are the top options you can consider to park your money if you need liquidity

Watch the full episode on YouTube- https://www.youtube.com/watch?v=3_ut8lx_uNw&t=2s

  continue reading

99 episodes

Artwork
iconShare
 
Manage episode 478770345 series 3651772
Content provided by Mint - HT Smartcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mint - HT Smartcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Leaving your money in your savings account gives you very less interest, and you basically lose money over time since it doesn't even beat inflation. It however does benefit your bank, since they can use that liquidity for lending money, on which they generate interest. But why should your hard-earned money not benefit you instead?Instead of savings accounts, here are the top options you can consider to park your money if you need liquidity

Watch the full episode on YouTube- https://www.youtube.com/watch?v=3_ut8lx_uNw&t=2s

  continue reading

99 episodes

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