Should You Put Your Money in a Crypto Savings Account

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 11 March 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you’ve taken a peek at the interest rate you are earning in your savings account you probably shed a tear or two. It feels like any savings account in this low-interest-rate environment is doomed to earn very little interest. What about crypto savings? They are earning on average 4-12% interest. In this reboot episode, Robert Farrington, the Founder of The College Investor is breaking down everything you need to know about crypto savings accounts - are they hype of the best place for your savings. Links The College Investor Crypto Savings article https://thecollegeinvestor.com/34109/top-crypto-savings-accounts Free tools on The College Investor https://thecollegeinvestor.com/resources Pay Off Your Student Loans & Grow Wealth with Robert Farrington https://bit.ly/2V6LFYY Grow Your Cash While You Pay Off Your Student Loans with Robert Farrington https://bit.ly/3eMi9OX Episode Sponsors Shopify is more than a store. Connect with your customers. Drive sales. Manage your day-to-day. Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. Find out how Upstart can lower your monthly debt payments today when you go to UPSTART.com/mymoney. I want you to start living a happier life today. As a listener, you’ll get 10% off your first month by visiting our sponsor at http://www.betterhelp.com/mymoney. If you're the type of person who's like me and always thinking about new business ideas and startup ideas, start listening today to the My First Million podcast in any podcast player. FOLLOW & SHARE Leave us a 5-star review. Head to this link and let us know why you love the show. Reviews help us continue to grow and bring on more amazing guests. Thank you in advance! http://bit.ly/millennial-money. Love this episode? Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode! Sign up for my weekly Let’s Talk Money email newsletter https://bit.ly/letstalkmoneyemail Shannah Shares: Community Q&A Have a Shannah Shares question, submit it here https://www.mmoneypodcast.com Follow Me Here for More Money Tips Shannah on Twitter https://twitter.com/shannahgame Shannah on Instagram https://www.instagram.com/shannahgame/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
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0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
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0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.1	18 plus subscription required season C's apply.
0:30.1	If you've taken a peek at the interest rate you're earning in your savings account,
0:34.1	you've probably shed a tier or two.
0:37.1	It feels like any savings account in this low
0:39.4	interest environment is doomed to earn very little interest, even in high-yield savings accounts.
0:46.2	But what about crypto savings accounts? They're earning on average between 4% and 12% interest.
0:52.9	Sounds interesting. In this episode, Robert Farrington, the founder of
0:56.9	the college investor, is breaking down everything you need to know about crypto savings accounts.
1:02.6	Are they hype? Or are they the best place for your savings?
1:07.2	You're listening to Millennial Money with award-winning money expert and serial entrepreneur,
1:12.3	Shauna Compton Game, where we flip the script on the old school approach to everything your parents never taught you about money.
1:18.5	Each week, Shauna creates a safe space by talking with special guests from around the world
1:22.8	about money wellness, entrepreneurship, traveling like a boss, and what makes millennials tick.
1:28.4	Unique stories, trailblazing perspectives, tips, tricks, and everything there is to know about money.
	...

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