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If your cash is sitting in a savings account earning almost nothing, this episode is for you. Tasia explains why a basic savings account can quietly cost you money as prices rise, and walks through two simple ways to keep your cash liquid while it actually earns: a money market account at an online bank, and a money market fund you can hold in a brokerage or ask your advisor about.
She also covers the question to send your financial advisor, and the tax detail most channels skip. Practical, empowering, and beginner-friendly.
For educational purposes only. Not financial advice. Consult a qualified professional before making investment decisions.
By Tasia BadeIf your cash is sitting in a savings account earning almost nothing, this episode is for you. Tasia explains why a basic savings account can quietly cost you money as prices rise, and walks through two simple ways to keep your cash liquid while it actually earns: a money market account at an online bank, and a money market fund you can hold in a brokerage or ask your advisor about.
She also covers the question to send your financial advisor, and the tax detail most channels skip. Practical, empowering, and beginner-friendly.
For educational purposes only. Not financial advice. Consult a qualified professional before making investment decisions.