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Find the list of my favorite high yield savings accounts with my link in bio! Keep watching to see how much money I should have in my accounts. The amount of money you should have in your accounts depends on your financial goals, lifestyle, income, expenses, and personal circumstances. But, here are a few guidelines. 1. Emergency Fund: The recommended amount is 3 to 6 months' worth of living expenses. 2. Daily Expenses: 1 to 2 months' worth of expenses in a checking account. 3. Retirement Saving
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Don’t let anyone make you think that you need to have thousands of dollars to start investing. It might not seem like it at first, but even the first tiny investments will go farther versus waiting to have the right starting amount. As a beginner with a small starting amount, there’s no need to overcomplicate things: start with a simple broad market ETF that fits your risk profile, set up automatic investments and that’s it. #financialliteracy #personalfinance #investingforbeginners #money #pass
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