The 3 Account System

An innovative way to manage your bank accounts, prioritize goals and earn more interest.
Visit www.creditlaunch.co for more information.

ABOUT THIS VIDEO:

Have you ever heard of the acronym, K.I.S.S.?

Keep
It
Simple
Stupid

Not everything about your finances and money has to be so complicated. In this video I break down the ‘3 Account System’ I use with my money.

I use this system because it gives me three features that I highly value:
- Flexibility
- Visualization
- Interest

Flexibility to move my money around as needed. All three of the accounts have mobile apps that can be linked together and managed with the click of a button.

Visualization with the separation of accounts. Each of the accounts has a purpose and separating the money allows you see the account grow as they get closer to your goals, or that you may be low and pick up the pace with saving. Adding visual and measurable aspects to your money is extremely beneficial.

Interest bearing accounts to earn you more money. Utilizing high yield savings accounts help make you more money without any risk or loss of time managing it. Who doesn’t want to make more money?

The three accounts I use in this system are:

A checking account (local), a savings account (local) and a high yield savings account (online). Each account has their own purpose. The checking account is used for everyday spending (groceries, gas, eating out, etc.)

The savings account is used for short term goals (upcoming trip, Christmas presents, new furniture, etc.).

The high yield savings account is used for long term goals (saving for a house payment, new car, etc.).

[ High interest savings account  ]

You should be utilizing a budget and transferring money to each of these accounts every time you get paid. If you would like a kicka** budget sheet, you can go to Creditlaunch.co, click on the resources tab and download your free budget sheet today.

The biggest thing to take away from this video is that money management is such an important part of your life and future, so educate yourself. You can reap the benefits of high interest savings accounts and reach your goals faster and with a little organization and planning.

If you have any questions leave a comment down below!

Here are some of my favorite credit cards:

Chase Sapphire Preferred


Chase Freedom Unlimited


High interest savings account:

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