Tax Attorney Explains: The 5 Most Critical Financial Accounts You Should Have

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In today's video, we're diving into the five most critical investment accounts you can have to build a solid financial foundation.

Understanding how to organize your money is crucial, so stick around as we break down these essential accounts.

Savings accounts have become more significant with higher interest rates. They act as a safety net for emergencies and short-term saving goals. While they don’t offer substantial growth, their accessibility and security are unmatched. Aim to keep three to six months' worth of expenses in a high-yield savings account.

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Show Notes:
0:00 Intro
0:23 Checking Account
1:43 Savings Account
4:00 Investing Accounts
10:57 Retirement Account & IRA
17:11 HSA (Health Savings Account)
20:45 Final Tips
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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