SoFi high yield savings account: https://bit.ly/sofi-hysa-offer ^Sign up to qualify for up to $400 bonus + highest APY (SoFi link will be at the top of the page) Top HYSAs 2026 (includes Barclays, Synchrony, & CIT): https://bit.ly/top-hysa-2026 If your money is sitting in a regular savings account at a big bank right now, you are literally losing money every single day and you probably don't even realize it. Most traditional banks are paying you 0.01% interest, that means for every $10K you have sitting there, you're making $1 per year, while inflation is eating 2 -3% of your money away. ► Get access to my FREE side hustle courses: https://www.sidehustlemastery.com My favorite finance + business products: 💳 My favorite credit cards: https://yourbestcreditcards.com/card-finder/?ccid=2004 🏦 Favorite online savings accounts: https://bit.ly/top-hysa-2026 Get a bonus with WeBull Investing: https://bit.ly/webull-bonus 🖥️ Best AI website builder (Less than $3/month using code CHARLIECHANG): https://hostinger.com/charliechang 🥇 Hire the top 1% of overseas talent: https://paired.so/charlie ► Join my FREE newsletter: https://buildabetterbusiness.co/subscribe In this video, I break down everything you need to know about high-yield savings accounts. I also go over other solid options like Synchrony, Barclays, and CIT. I keep about 7% to 8% of my net worth in high-yield savings and it pays me a couple thousand a month in passive interest doing absolutely nothing. So yeah, watch this one from beginning to end. It's going to put a lot more money in your pocket. If you want to see more videos like this, check out my other videos: Top 5 High Yield Savings Accounts To Open Right Now! (2026): https://youtu.be/6IYn_-5673A My Net Worth at Age 33 (Stocks, Crypto, Cars, Assets): https://youtu.be/3qRQno6xmG0 I hope you guys found this video helpful, and if you did, please SHARE it with a friend or family member who you think could benefit and also LIKE and subscribe for more videos like this in the future! Thank you for watching, and I hope you have a wonderful rest of your day! – Charlie #HYSA #personalfinance #passiveincome Timeline: 0:00 - Introduction 0:48 - Why Your Bank is Ripping You Off 1:17 - What's Actually Happening Behind the Scenes 2:02 - What is a High-Yield Savings Account 3:15 - The Real Numbers (Inflation vs Interest) 4:42 - How Much Money to Keep in One 5:29 - When to Stop and Start Investing 6:21 - Interest Rates and How They Change 7:14 - Best High-Yield Savings Accounts 7:59 - Inside My SoFi Account (Live Walkthrough) 8:50 - Key Takeaways Disclaimer: Some of the links above may be affiliate links, which means that if you click on them, I may receive a small commission. The retailers and financial services companies pay the commission at no cost to you, and this helps to support our channel and keep our videos free. Thank you! In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions. ► My Instagram: https://www.instagram.com/charlie__chang/