bank accounts

When you're getting your financial house in order, you might wonder how many bank accounts you should have and what types of bank accounts? In this episode, I do not share a magical number, instead I help you c

• How having multiple accounts can help you stay on track and organized with your financial goals
• Account #1: My operating bank account and my goal for this account
• Account #2 My emergency fund to keep me afloat in case of emergencies
• Account #3: Sinking Funds and how I save for those using multiple savings accounts
• Account #4: My other checking account (for travel and associated to my 
• The why behind my use of traditional bank accounts and my use of high yield savings account
• Explaining why High Yield Savings Accounts (HYSAs) are able to pay more interest
• The High 5 Banking Method vs the 4 Bank Account Bucket Method
• The importance of building systems and processes around your finances and the bank accounts you have are meant to aid in your goals
• Business accounts (savings and checking should be entirely separate from the examples above)

Whatever you decide, the total number of bank accounts that you need is the number of bank accounts that you will use. Need to learn more about sinking funds by reading this blog post. Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes.

Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

In this episode of Quintessential Being I chat with Money Mindset expert + Biz Coach Shona Gates! She's passionate about helping women the world over transform their relationship with money so they can start truly attracting more wealth!

In this episode we chat about:
- why having more isn't the answer when you feel resentful, disgusting and wrong when it comes to money
- the supermarket moment that changed Shona's life + relationship to money forever
- why you need to stop focusing on the budget + start focusing on the energetics
- the small, incremental changes you can make to shift your money reality
- some incredibly powerful processes you can use right now to heal your relationship to your bank accounts
- what steps you can take to move into money overflow for good


If you want to say goodbye to money guilt and step into the ultimate peak power with your money, then this is the podcast episode for you!

Continue the conversation here:
https://www.instagram.com/quintessentialbeingbynikki/
https://www.facebook.com/quintessentialbeingbynikki
https://www.quintessentialbeing.com/

Find Shona here:
https://www.facebook.com/sexyselfish
https://www.instagram.com/sexy_selfish/
https://www.sexyselfish.com/

Goodbye Money Guilt Book
Hello Abundance Book

Some events in the year can come out of nowhere and ruin the best of budget intentions... Renae Vercoe has got the solution to make sure you're including one thing in your budget that most people miss.

CREDITS

Host: Rachel Corbett
Contributor: Financial advisor & founder of Money Mode Renae Vercoe. Check her out on Instagram @moneymode_or head to her website moneymode.com.au.
Managing Producer: Elle Beattie
Lead Producer: Rachael Hart
Producer and Editor: Amy Kimball

This episode of Small Change does not constitute financial advice or take into account individual circumstances. Always seek your own independent financial advice. 

See omnystudio.com/listener for privacy information.

If you are impacted by the Lockdown and seeking financial support, take a look at this list.

Have you got a question or an idea of a topic for us to cover? Get in touch via our instagram @getwemoney . We love hearing from you!

If you enjoy the show, we'd love if you could write a review on Apple podcasts to help other people just like you find us and get better with their finances.
If all this money chat has inspired you to take care of your finances, then Download the WeMoney app. It's free! Use the referral code 'PODCAST' when you sign up to receive $5 when you connect a valid financial account.

Disclaimer
We Talk Cents is not a financial advisor and the information provided is general in nature and was prepared for information purposes only. This podcast should not be considered to constitute financial advice. Accordingly, reliance should not be placed on the podcast as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation.

Need Help?
If you are struggling with your finances, call the National Debt Helpline on 1800 007 007 for free financial counselling.

COVID-19 has really exposed the lack of knowledge many people have regarding personal finance.  Let's bridge this gap starting right now! This episode is all things Banking-but for teens! Listen to my interview with Eric Rosenberg, a freelance personal finance writer, whose work has been on the Huffington Post, Business Insider, Investopedia and more!

Personal Profitability: https://personalprofitability.com/