high yield savings account

I’ve preached the importance of budgeting for a long time.

Let me just state for the record that I will continue to preach the importance of budgeting for as long as I’m able to!

Budgeting changed my life for the better and now I’m helping other people use budgeting to change their own lives.

Unfortunately, there’s still a misconception that life on a budget means a person can’t enjoy life. Not true!

A budget should include the things a person enjoys, in moderation of course!

In this episode, I’m sharing my current budget non-negotiables and why they matter to me.

I’m also going to share a few things I want to become budget non-negotiables, but they haven’t made their way into my budget just yet.

I encourage you to get clear on your own budget non-negotiables and work to make sure they’re factored into your budget.

Here's a glance at this episode:

• [01:30] In this week’s City Girl Solutions Q&A, Raya explains high-yield savings accounts and why they are game-changers for anyone trying to save money.

• [04:45] While some of my budget non-negotiables aren’t technically discretionary, I choose to spend money on these specific things to improve my quality of life.

• [08:50] Next, I cover the budget non-negotiables that are truly discretionary. They are things I don’t need, but absolutely love to have.

• [12:20] Finally, I spend time talking about things that I would like to become budget non-negotiables but I’m not quite there yet.

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This helps me support more people — just like you — to make the best money moves as they make their way to their dream life.

Resources mentioned in this episode:

Listen to Episode 17 – Why Your Budget Should Include the Things You Love

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Struggling with your money? Schedule a free call with me!

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Check out the City Girl Savings blog!

Did you know April is Financial Literacy Month?

While I think financial literacy should be a focus each and every month, it’s nice to know the need for financial education is being acknowledged.

What steps are you taking to become more financially literate?

I don’t know about you, but had I been financially literate earlier in life, maybe I wouldn’t have struggled so much with debt and overspending.

Had my parents been more financially literate, maybe they could have actually taught me how to save and manage what I had.

We can’t change the past, but we can decide how we want to move forward.

In this episode, I’m sharing some things you can do to improve your financial literacy and take more control of your financial situation.

Here's a glance at this episode:

• [01:42] In the latest City Girl Solutions Q&A, Raya explains high-yield savings accounts and why they are game-changers for anyone trying to save money.

• [04:25] Did you know City Girl Savings has an online course to help women master the money they make?

• [07:18] Money coaches are not one-size-fits-all. Raya shares the different ways people can work with a money coach.

• [11:43] When you know your learning style, you can find resources in that style to help you retain information – especially educational financial information.

• [15:40] Financial education isn’t just about what others teach you. Your personal experiences play a role.

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This helps me support more people — just like you — to make the best money moves as they make their way to their dream life.

Resources mentioned in this episode:

Get on the waitlist for Money Management Mastery!

Learn about my 1-on-1 money coaching program

Schedule a free call with me!

Some of my favorite personal finance books include: The Richest Man in Babylon, Live It Love It Earn It and Profit First

Join the City Girl Savings Facebook Group

Two biographies I enjoyed: Sidney Poitier’s The Measure of a Man and Alyssa Milano’s Sorry Not Sorry

Get your question answered on the podcast! Ask your question here.

Follow City Girl Savings on Instagram

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Check out the City Girl Savings blog!

Get your checklist now!
Financially Bulletproof Checklist - financesincheck.com/checklist

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In this episode, Marc talks about a High Yield Savings Account (HYSA) and the importance of saving money. He shares their favorite HYSA options and explains how to open one. Marc will also discuss how an HYSA can be used to save for events you might want to attend. And he explains the challenge of affording expensive tickets and how Americans tend to use credit cards to pay for things and later collect interest. He will educate the listeners on the dangers of this mindset and offer a plan to avoid financial regret.

[03:08]  Challenge of purchasing event tickets
[05:00]  Well-planned spending
[05:20]  HYSA
[08:10]  What to look for in HYSA's
[14:00]  Ally Bank HYSA
[17:05]  Goldman Sachs HYSA

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Instagram: @BetterWallet

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Twitter: @TheBetterWallet

YouTube: @BetterWallet

Building wealth is a life-long process. It never ends.

That’s a good thing. It means anyone can achieve financial success as long as they work towards it. 

However, the earlier you start planning and doing the right things with your money, the earlier you will achieve the wealth you are looking for.

Since we can’t change the past (and erase all of those bad financial decisions), we need to focus on what we can change – the things we do right now.

In this episode, I’m sharing 10 things to do now to be richer by this time next year.

Some of these things are simple and some are more complex, but each of them will help make a difference in your wealth-building journey.

Here's a glance at this episode:

• [02:43] Cutting back expenses doesn’t have to be permanent, but it can make a big difference in your wealth-building journey.
• [05:13] A cash-only system can help you stick to your budget, especially when you only use cash for your discretionary spending.
• [07:25] Investing is one of the best ways to build true, long-term wealth. Get started with a simple account with a company like Betterment.

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This helps me support more people — just like you — to make the best money moves as they make their way to their dream life.

Resources mentioned in this episode:

Open a high-yield savings account with Ally, Synchrony or SoFi!

Listen to Episode #37 – How Practicing Delayed Gratification Sets You Up for Financial Success

Read The Spender’s Guide to Debt-Free Living

Get your question answered on the podcast! Ask your question here.

Struggling with your finances? Schedule a free financial focus call with me!

Follow City Girl Savings on Instagram

Follow City Girl Savings on TikTok

Check out the City Girl Savings blog!