What Max does is it monitors interest rates every day and it looks for opportunities where

you could be earning higher yield.

And when it finds those opportunities, it presents you with a diagram that says, here's

how you could reallocate your cash to earn even higher yield.

And then Max simply tells you our banks to move funds between your own accounts.

Welcome to the Stay Wealthy podcast. I'm your host Taylor Schulte, and today we are talking about cash. Yes, the boring stuff sitting in your bank account or under the mattress that's earning

close to nothing right now. I'm joined by Gary Zimmerman today, who is the founder of Max My Interest, an online

platform that helps you earn a higher return on your cash. And the best part is you can keep your

existing banking relationship. So if you want to learn more about Max and how to boost the

yield on your cash savings, today's episode is for you. For all the links and resources

mentioned, head over to you staywealthy.com forward slash 94.

Last week on the podcast, I shared that American households have one trillion dollars more in cash today than they did one year ago.

And I shared in other words, cash savings is more than doubled in one single year.

So I thought it'd be interesting to maybe start off by having you talk to us about cash as an

asset class, just like we think about stocks and bonds and why it's important to have a cash management strategy.

Maybe you can also weave in some of your comments on inflation into your response as well.

Taylor, thank you for having me.

It's a pleasure to be on your show and always a pleasure to speak with the duchiary advisors

who are really focused on what's best for their clients.

Cash is a really interesting asset class, and it's funny because a lot of people don't even think of it as an

asset class, but many people actually do end up making a deliberate allocation of their portfolio

or of their overall assets to cash. In fact, if we look at high net worth households across the country,

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