The most common options for money storage are banks and credit unions. Nikita Turk breaks down the similarities and differences between the two, helping you find the best fit for you. Suggested Articles: Credit Unions vs. Banks: How to Decide: https://www.nerdwallet.com/article/banking/credit-unions-vs-banks What Is a Bank?: https://www.nerdwallet.com/article/banking/what-is-a-bank What Is a Credit Union? The Benefits of Membership: https://www.nerdwallet.com/article/banking/what-is-a-credit-union Chapters: 0:00 - Intro 0:30 - Similarities Between Banks and Credit Unions 0:50 - How Banks Work: Interest, FDIC Insurance, and More 4:04 - How Credit Unions Work: Benefits, Purpose, NCUA Insured, and More 6:05 - Credit Union Pros and Cons 6:23 - What Banks Offer 6:47 - What Credit Unions Offer 7:30 - 5 Factors When Choosing a Bank or Credit Union 8:26 - Conclusion About Versus: Versus is all about financial decisions and weighing your options. Our financially-savvy Nerds break down two similar product or services explaining why they are different and who they work well for. In the end, you will have an understanding of each option and what could work for you! #NerdWallet #Versus #Banking Subscribe to NerdWallet - https://bit.ly/3wGvVf3 About NerdWallet: We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest decision for all your financial decisions. Disclaimer: This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here. Connect with NerdWallet: Follow NerdWallet on TikTok: https://tiktok.com/@nerdwallet Follow NerdWallet on Instagram: https://instagram.com/nerdwallet Follow NerdWallet on Twitter: https://twitter.com/NerdWallet Follow NerdWallet on Facebook: https://facebook.com/NerdWallet NerdWallet Website: https://nerdwallet.com Banks vs Credit Unions: What's The Difference And Better Choice? | NerdWallet https://www.youtube.com/c/nerdwallet

At the root of any good financial strategy is a budget. We spoke with our credit card and personal finance expert, Kimberly Palmer, on how to update your budget in the wake of the pandemic. In this video, we will walk you through how the pandemic has changed spending habits and how to budget for short and long-term expenses. 0:00 Intro 0:17 Step #1: Audit your spending 0:37 Step #2: Look at your savings 1:47 Step #3: Evaluate your habits 2:53 Step #4: Map out your goals 4:27 Step #5: Make sure you're on track 5:07 Final thoughts On our site we put pen to paper on lessons we've learned while staying at home: https://www.nerdwallet.com/article/finance/financial-lessons-home Subscribe to our channel and also follow us here: Facebook: https://facebook.com/nerdwallet Instagram: https://instagram.com/nerdwallet Twitter: https://twitter.com/nerdwallet --- This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank account or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here. #budget #financialplanning #finance

Maximize your budget by considering any of these money saving tips. From refinancing loans, discounts on entertainment spending to managing subscriptions and planning big purchases; Nikita Turk has your tips to growing your savings. Suggested Articles: How to Lower Your Bills: 38 Ways to Save: https://www.nerdwallet.com/article/finance/how-to-lower-your-bills How to Cancel Subscriptions on iPhone, iPad and Mac: https://www.nerdwallet.com/article/finance/how-to-cancel-subscriptions-on-iphone-ipad-mac How to Save Money Now (Before You Really Need It): https://www.nerdwallet.com/article/finance/how-to-save-money #NerdWallet #PersonalFinance #Budgeting Subscribe to NerdWallet - https://bit.ly/3wGvVf3 About NerdWallet: We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest decision for all your financial decisions. Disclaimer: This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here. Connect with NerdWallet: Follow NerdWallet on TikTok: https://tiktok.com/@nerdwallet Follow NerdWallet on Instagram: https://instagram.com/nerdwallet Follow NerdWallet on Twitter: https://twitter.com/NerdWallet Follow NerdWallet on Facebook: https://facebook.com/NerdWallet NerdWallet Website: https://nerdwallet.com VIDEOTITLE https://www.youtube.com/c/nerdwallet

Laying a good financial foundation isn’t one of those tasks you can put off until later. Sara Rathner sat down to talk with us about five strategies that can help put your money to work today. Sara is a NerdWallet travel and credit cards expert. She appeared on the “Today” show, Nasdaq and CNBC’s “Nightly Business Report,” and has been quoted in Yahoo Finance, TIME, Reuters, NBC News, Business Insider and MarketWatch. 0:00 Intro 0:31 Where you put your money matters 1:23 Embrace credit cards 2:20 Save for retirement and budget for life 3:40 Be boring with your money 4:51 Know when to seek professional help 6:07 Recap For more smart money moves from our experts: What Gen Z Can Learn From Millennials’ Money Mistakes: https://www.nerdwallet.com/article/credit-cards/nerdwallet-millennial-money-genz-money-lessons 3 Ways Millennials Are Getting Money Right: https://www.nerdwallet.com/article/finance/making-money/millennials-getting-money-right Subscribe to our channel and also follow us here: Facebook: https://facebook.com/nerdwallet Instagram: https://instagram.com/nerdwallet Twitter: https://twitter.com/nerdwallet --- This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank account or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here. #investing #retirement #creditcards

If you want your money to earn money or to setup multiple streams of income you'll need to know these basic money strategies. The methods discussed will put you on a path of financial wellness and income independence. Remember to always Think BIG. Dream BIG. Biddles Investment Group

Ready to rent your first apartment? Here's how to be a competitive tenant in this rental market and get your first lease signed. MarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more: https://www.marketwatch.com/ Subscribe to MarketWatch: https://bit.ly/38LMEoF Follow MarketWatch on Facebook: https://www.facebook.com/marketwatch Follow MarketWatch on Twitter: https://twitter.com/MarketWatch Follow MarketWatch on Instagram: https://www.instagram.com/marketwatch/ Follow MarketWatch on LinkedIn: https://www.linkedin.com/company/marketwatch/

Hearing a lot about inflation lately? Don't worry, MarketWatch's Ellie Ismailidou is here to clue you in and help you take advantage of inflation in the market. MarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more: https://www.marketwatch.com/ Subscribe to MarketWatch: https://bit.ly/38LMEoF Follow MarketWatch on Facebook: https://www.facebook.com/marketwatch Follow MarketWatch on Twitter: https://twitter.com/MarketWatch Follow MarketWatch on Instagram: https://www.instagram.com/marketwatch/ Follow MarketWatch on LinkedIn: https://www.linkedin.com/company/marketwatch/

Is It Best To Pay Off Debt Or Invest? Should You Pay Off High Interest Debt First? Many people want to start investing, but don't know how to answer the ever-important question: Is it best to pay off debt or invest? Should you pay off high interest (or low interest?) debt first? In today’s video, Tony from Wealthfront is sharing what he learned from paying off debt (both student loans and credit cards) to get his investing journey started. 👨🏻‍✈️ Tony’s top 3 tips from this video👨🏻‍✈️ 1️⃣ Get your emergency cash savings set up 2️⃣ Pay off high interest debt first 3️⃣ Factor in the emotional burden 👀 WATCH NEXT 👀 ✦Investing 101👉 https://youtube.com/playlist?list=PLFgxEA48rHA9KQ_viXn-m0dAigYIA1HqC ✦What else should young investors know? 👉 https://www.youtube.com/playlist?list=PLFgxEA48rHA8U70mDll320gQAdw8SQNMk ✦IRAs 101 👉 https://youtube.com/playlist?list=PLFgxEA48rHA9ORIQClXWrOSrvEbI7xbZP ✍️ HELPFUL LINKS ✍️ ✦Check out our Financial Health Guide 👉 https://blog.wealthfront.com/financial-health/ ✦Read more about paying off debt vs investing 👉 https://blog.wealthfront.com/should-you-pay-off-debt-or-invest-heres-the-real-answer/ ✦How do interest rates work? 👉 https://blog.wealthfront.com/how-do-interest-rates-work-heres-everything-you-need-to-know/ ✦Learn more about Wealthfront 👉 https://bit.ly/38AlrBp 🕒 TIMESTAMPS 🕒 00:00 -- Intro 00:18 -- The Chokehold of Debt 01:05 -- Tony's Debt Story 01:39 -- 3 Factors to Consider 01:47 -- Build up Cash Savings 02:16 -- Interest Rate Decision 02:39 -- Credit Card + Student Debt 03:24 -- Student Loan Caveat 03:38 -- The Emotional Burden 04:15 -- How Tony Got Out of Debt 04:42 -- Summary The information contained in this communication is provided for general informational purposes only, and should not be construed as investment or tax advice. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Wealthfront Advisers and its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisors to discuss tax-related matters specific to their situation. Investment advisory services are provided by Wealthfront Advisers LLC, an SEC-registered investment adviser, and brokerage products and services are provided by Wealthfront Brokerage LLC, Member FINRA/SIPC.