@pricelesstay: Money questions you're too embarrassed to ask 🤫 "Are checking accounts really better than savings accounts?" Short answer: Trick question: they serve distinct (and critical) roles for your financial peace of mind. I only use checking accounts to pay payments because they pay low interest rates. I use savings accounts (particularly high yielding ones) for emergency funds, short-term aims, and long-term objectives. Long answer: If you've ever felt silly asking simple financial inquiries like these, you're not alone. The realm of personal finance might seem like a tangle of jargon and hidden norms. But here's the truth: Building a strong financial foundation begins with getting your money questions answered, no matter how "stupid" they may appear. That's why I made a free "Money Basics" guide that breaks down basic financial concepts in a straightforward, judgment-free approach, including: What is the difference between checking and savings accounts? Setting up financial accounts the Priceless Tay Way. And also, money concepts that were not taught in school. Stop feeling embarrassed about your financial knowledge gaps. Getting educated is the first step toward financial empowerment and freedom. ➡️Comment "MONEYGUIDE" below, and I'll DM you this free guide to all the money basics you need to know! (Make sure you’re following @pricelesstay so messages go through) #financialliteracy #financialliteracy101 #financialliteracyforbeginners #financialeducation #bankaccounts #HYSA #pricelesstay

Taylor Price • Finance Tips

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Tuesday 04 June 2024 19:52:09 GMT