![]() Since then, I'm no longer loyal to a certain bank. 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).
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