Get Rid of Your Bank

Seriously. I’m going to break this down as simple as I can.

I used to use U.S. Bank. But that doesn’t matter. Almost every major bank, your checking makes nothing, your savings maybe 0.1%? In high inflation, there’s a quick path to poverty.

I don’t work for nor am I getting paid by Fidelity for promoting this, but I’ll let this picture do most of the talking.
Simply put, my “checking” account, where I also happen to be able to buy stocks, but also where all my bills are paid from, makes >4%.

Why the hell do you still have a traditional account? See where it says I can still write checks, do my direct deposit, whatever?

*Please note there are drawbacks, such as FDIC insurance. See link below, but it doesn’t make it simple enough:

YOU CAN BE EARNING 4.5% ON YOUR CHECKING ACCOUNT, TODAY.

https://www.fidelity.com/viewpoints/personal-finance/do-you-really-need-a-bank