A special thank you to everyone watching these videos with the intent to grow and become more financially conscious!
In this video I cover the 3 CRITICAL accounts you MUST have to gain financial success that much quicker!
Critical Account #1 The Emergency Account
Critical Account #2 The Short Term Account
Critical Account #3 The Wealth Building Account
In Critical Account #1 Your Goal should be to have one or two months worth of expenses in a HYSA or Money Market Account gaining at least 1% interest!
In Critical Account #2 Your Goal should be to store all excess funds as well as have anywhere from six months to a year worth of expenses. With this account we sacrifice upside gain for downside protection and are looking to achieve a 6-9% rate of return.
In Critical Account #3 Your Goal should be long term growth with increased risk in the short term. The level of your aggressiveness varies wildly depending on your age and overall time horizon.
If you want FREE help setting these accounts up, or want recommendations on what Investments should go in each fund, feel free to comment or message me using one of the links bellow!
@InvestwithWesley (FB)
@WesleyCaruso (IG)