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If you’re in your 20s, you NEED these bank accounts to be financially stable: 👇🏽
Checking account: This account is your primary account and allows you to deposit your income, pay bills, and make everyday purchases. 💸
High yield savings account: this is essential for building an emergency fund and savings for short-term and long-term goals. Plus it offers a higher interest rate compared to a traditional savings account. ✨
Roth IRA: this is a type of retirement account that grows tax- free. It is a POWERFUL type of investment account that you can set up yourself without going through your employer. If you invest early and put your money in index funds, you can be a millionaire by the time you retire! 🥳
All 3 of these accounts are pretty simple to set up. If you need help with setting up a ROTH IRA, there are plenty of easy to understand videos online!
Which ones do you have? Let me know in the comments 🤗
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