In this video, Colin Exelby, CFP® explains 5 things you need to know before opening up a High Yield Savings Account.

In this video, I’m sharing 5 lessons I learned with my first HYSA so you don't have the same surprises.

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00:00-Introduction

01:00-The interest rate reality check

02:07-The multiple account advantage

03:45-The tax drawback

05:34-HYSA’s Aren’t The Best Route for Building Wealth

08:00-HYSA Requirements

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[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

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Top Financial Advisor Baltimore. Top Financial Planner Maryland.

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