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In this video the Wealth Twins give 6 reasons why people are leaving big banks for fidelity cash management account.
The Fidelity cash management account is a good alternative to high yield accounts and many of the savings accounts at the larger banks like Chase and Bank of America.
Fidelity Cash management accounts include a sweep cash account and a way to invest cash in the fidelity money market fund and the fidelity money market account SPAXX.
Not only do you also get a debit card but there are other features that the cash management accounts matches and beats.
If you are looking to improve your personal finance and simplify your money you may also want to look at where you are putting your uninvested cash and see if this is the right move for you.
The banking landscape is changing and you have more options than just using your default bank.
#podcast #wealthtwins #fidelityinvestments #cashmanagement
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\ud83d\udc6d\ud83c\udfff About Us \ud83d\udc6d\ud83c\udfff
We are Nadia and Nicole and on the Wealth Twins Channel we are dedicated to increasing your financial independence. We create videos that will potentially help you reach financial independence, build wealth, and create generational wealth. We teach others how to invest money in the stock market and wealth building through the accumulation of passive income producing assets.
Our goal is to teach you how to be rich by using financial tips, saving money tips, and personal finance for beginners. If you want to retire early, be debt free, and make passive income please hit the subscribe button.
DISCLAIMER: The Wealth Twins, including but not limited to any guests appearing in our videos, are not financial/investment advisors, brokers, or dealers. Our videos are for educational purposes only. They are solely sharing our personal experiences and opinions. There are financial risks associated with investing. All investments involve risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. In order to make the best financial decision for your own needs, you have to conduct your own research and due diligence.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.
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