Robinhood's offerings keep getting better and they currently pay 5% APY on uninvested cash, plus it's FDIC insured! So it is a workaround for the best savings account, especially if you're interested in Robinhood Gold anyway? Or are there enough reasons to avoid it and put our cash elsewhere?

Sign up for Robinhood with my link and we'll both pick our own gift stock 🎁 https://join.robinhood.com/brendab533

I reserved my spot for the new Robinhood Gold Card! Here’s my link so you can get access, too.
https://robinhood.com/creditcard?refe...

⏱Handy Timeline:
0:00 Robinhood Cash
0:18 What we know
0:30 How it works
2:00 What is changing soon
3:36 How it's NOT a savings account
3:55 How fast is it available?
4:15 When its not a good option
4:32 More benefits with Robinhood Gold
5:09 How much do you need deposited to cover the cost?
5:45 Its NOT the Robinhood spending account
6:28 Other similar options
7:00 My opinion
7:42 Next video about cash


Robinhood Gold FAQ: https://robinhood.com/us/en/support/a...

=====
📗Easily learn all the essentials of stock market investing in a single afternoon:
https://www.udemy.com/course/investin...


Free Digital Products I made for you:
Net Worth Tracker: https://brendanbutler.gumroad.com/l/I...
Budgeting Spreadsheet: https://brendanbutler.gumroad.com/l/B...
New Investor Checklist: http://bit.ly/newinvestorchecklist
Better Goal Template: https://bit.ly/bettergoaltemplate
Memento Mori Life Grid: https://bit.ly/MementoMorigrid
My Free Newsletter: https://brendanevan.substack.com/

=====

The Investing Apps I Recommend:
📈M1 Finance Investing: (Get up to $100 when you start investing today! eligibility requirements apply To get it, invest at least $100 in an individual account or at least $500 in a retirement account)
https://m1.finance/td-bpuTpiT9T

👨‍💻Data made easy with Fennel, the superpowered investing app: More info or a free trial without a credit card here: http://fennel.sjv.io/c/2906384/195947...

🐿Start investing with Acorns! Best app for beginners! Get $5 when you use my invite link: https://acorns.sjv.io/P0bQDY

🤿Want to dive deeper with an investing service built for the pros and available to everyone? Check out Interactive Brokers: https://www.interactivebrokers.com/mk...

📊Get 2-12 free stocks with WeBull after you make your first deposit! (The best app for getting free stocks. Remember, you MUST link your bank account or you get no free stocks!)
https://www.webull.com/k/BrendanEvan

👩‍🏫 Learn more with Skillshare, my favorite online learning platform: https://skillshare.eqcm.net/c/2906384...

=====

#BrendanEvan
Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!

🕰Make sure to check the time stamps to navigate to the most interesting parts easily.

🏎💨If I am talking too slowly, just click on the video settings option and look for “Playback Speed”. Changing this to 1.25x or 1.5x can make the video flow a little better if you want to pick up the pace!

📥Contact me here for business purposes: [email protected]

⧉Join this channel to get access to perks:
   / @brendanevan