What Is a High-Yield Savings Account?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 28 August 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

💰Need Help with your investments? Click here to connect with a SmartVestor Pro. Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible! Next Steps: 💵 Start your free budget today. Download the EveryDollar app! 🏠To learn more about how to plan for Retirement, click here 🏦To learn more about Investing, click here 🎓Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 💸 The Ramsey Show Highlights Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	This episode is sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions.
0:11.0	Com slash invest.
0:17.0	You're listening to Ramsey Everyday Millionaires where we talk investing, retirement, building wealth,
0:20.0	and outrageous generosity.
0:22.0	John, it's time for our long-running segment talk nerdy to me.
0:26.0	Man.
0:28.0	I just want to know your thoughts just on that alone.
0:30.0	I've just we've been traveling a lot and there's many a night you and I are
0:34.4	driving late nights you know to an airport or to a speaking gig and you're like
0:38.8	John talk nerdy to me and And we get into it.
0:43.0	Uh, yeah, we do.
0:44.6	And that's what we do on the air.
0:45.7	So we're going to make it a segment.
0:47.0	We're going to explain a financial concept that maybe you've never, you know, thought
0:51.0	about all that much or you hear it and go I think I know what that is and I try to
0:54.1	pretend when I'm out of party that I know because when you're at parties what you talk about
0:58.0	John is don't say it because I got a clip to tease it. You ready?
1:03.0	Let's see if you can guess America based on this clip from Seinfeld.
1:07.0	I'm not an investor.
1:08.0	People always tell me you should have your money working for you.
1:11.0	I decided I'll do the work. I'm going to let the money relax. your money
1:14.0	relax.
	...

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