How much u got in your bank account right now?

[UpNext]

Where you getting 4.3 percent at brutha

Having a Citibank account in an address where they have no branches. But they do have strange relationship tiers. I wouldn't fukk with them if you're not putting at least 30k in (that gives you their Citi Priority relationship tier)

 

[UpNext]

Wealthfront, seems legit. Doesn't have the typical negative reviews that most high yield accounts have. Will keep reading.

Earn 4.50% APY with Free Same-Day Transfers | Wealthfront Cash

Earn nearly 10x more interest on your savings than the average U.S. bank. No account fees. No minimum balance. No strings attached.

www.wealthfront.com

American Express has 4.25% APY High Yield Savings Accounts. It's not 5%, but it is American Express

 

[The BasedFather]

If bank account can include high yield savings accounts and a stock brokerage account....a lil over $400k

dog I ain't got shyt compared to my wife. Probably got like 450k in my 401k.

Hers like 750k and that's just 401k. Her company stock easily has her over a milli.

I ain't going nowhere.

Put brehs on game. How yall get all this money? Let’s say I have 6 bands. What should I do with that?

 

[beenz]

cash wise I got:

$3950 in my credit union I use strictly for property taxes and homeowners insurance
$44250 in high yield apple savings account which has a 4.4% interest rate currently, so I'm picking up about $150-$160 each month for doing nothing
$1580 in a CD which is currently on 4.79% interest
$2440 in my checking that I use for all my bills and expenditures
$6600 in my other checking that's essentially only used for the mortgage payment.

and this is after having to give up a huge chunk of cash in a divorce 5 years ago.

 

[beenz]

Put brehs on game. How yall get all this money? Let’s say I have 6 bands. What should I do with that?

it's about time in the market. there is no secret. they doing been this together over decades.

 

[Capitol]

You already absorbed it

I don't know man. I don't see how this $10 is going to last me through the month

 

[Mike Nasty]

American Express has 4.25% APY High Yield Savings Accounts. It's not 5%, but it is American Express

That's what I was getting but I didn't realize it was now down to 3.5. So 5.0 is looking pretty good now.

 

[cyndaquil]

I don't know man. I don't see how this $10 is going to last me through the month

Damn I thought you said 10k

 

[trick]

Multiple accounts with balances ranging from 3 to 6 digits in each

And it never feels like it's enough

Life just keeps getting more expensive

 

[beenz]

Having a Citibank account in an address where they have no branches. But they do have strange relationship tiers. I wouldn't fukk with them if you're not putting at least 30k in (that gives you their Citi Priority relationship tier)

at BOA, I have the platinum tier because of over 100K in total assets in my account, which means I get unlimited free atm withdrawals. which means, I don't give a flying fukk about paying $5 from the arabs to withdraw $10, cuz it's instantly reimbursed.

I also get 75% more cash back on my credit cards thru them, which damn near doubles my cash back. and I use those credit cards for EVERY purchase.

there's also other benefits like free safe deposit boxes, discounts on mortgages and loans. I don't really take advantage of all those other benefits.

 

[desjardins]

Put brehs on game. How yall get all this money? Let’s say I have 6 bands. What should I do with that?

Just time and consistency
I invest in index funds and it's been doing me good so far
I'm a high earner though to be transparent. I been saving for years but started saving about $4k a month maybe around 2019/2020. 2k to the 360 cap one account and 2k to the stock portfolio where i have an allocation of like 8 different index funds

 

[cyndaquil]

Put brehs on game. How yall get all this money? Let’s say I have 6 bands. What should I do with that?

Compound interest. A lot of these brehs are in their 40s and been in their careers for 20 years.

 

[Tr0yTV]

Just left FOGO DE CHAO, AMA

 

[Illuminatos]

$200 in my checking
$52K in my savings

I don’t usually keep more than about $1000 in my checking account.

 

[Ohene]

in just my chequing. maybe 21K...rest sits in investment accounts