Today we’re talking about cash!
I’m joined by Gary Zimmerman, founder of MaxMyInterest (MAX), an online platform that helps you earn a higher return on your cash savings.
The best part about MAX?
You can earn higher interest rates on cash AND keep your existing banking relationship!
Key Takeaways
- The average American holds 58% of their assets in cash (65% for millennials!)
- Online banks have lower overhead costs, allowing them to offer higher interest rates on cash
- Automating cash management using technology can further increase yields on cash savings
If you want to learn more about MAX and how to boost the yield on your cash, you’re going to love this episode.
How to Listen to Today’s Episode
Episode Links & Resources:
- 👉 Get Your One-Time Retirement Plan
- Max – Intelligent Cash Management
- How Brokerages Use ‘Sweep Accounts’ and Cash In on Your Desire for Convenience [Barons]
- Brokers Profit From You Even if They Don’t Charge for Trading [Bloomberg]
