Thank you Kumar

@al3jme150

7 жыл бұрын

Theonlydezman finally saw someone recognize him

@Hippie_Fountain

2 ай бұрын

lol

i want white castle now

Stopped watching at 0:38 great tutorial though! very useful!

@therumbonator2502

3 жыл бұрын

Lol

@abigailr3250

3 жыл бұрын

don't forget the smiley face for the bank teller lol

the audio in this video does not match the visual anymore? it used to though

Straight out of high school with ZERO knowledge of how bank accounts work and this video just helped a ton. Thanks so much!!!!!!

@xanilo1428

6 жыл бұрын

moonsunxbp ikr if only we learned this in hs

@UliSwag

6 жыл бұрын

the education system is failing us

@devilmanakira4336

6 жыл бұрын

sadly :(

@dxshawn532

5 жыл бұрын

@@UliSwag the school system has always been shit

@dicksonyurmouf5477

5 жыл бұрын

Same. I’m out of high school and I started doordash and don’t understand how taxes or bank accounts work. So I’m watching this video to not make a fool out of myself when I go and open a bank account.

Dude is it just me or is the audio heavily delayed?

I watched up to 0:50 and thought I learned something I never knew. Then I realized that was bs. Good thing I didn't stop the video.

@TsunayoshiSawadaTenth

3 жыл бұрын

Same lmao

@kareenramsay7799

2 жыл бұрын

Lol same

its good to see successful people trying to help other people be succesful

@kxn0723

4 жыл бұрын

wHAT do u call a jamaican seal? Jassiel

@user-gi6sn6cv9z

3 жыл бұрын

@@kxn0723 -_-

well now i want white castle

instructions weren't clear... blew all my money at white castle

@kxn0723

4 жыл бұрын

u KNOW star wars, they are jed auva's

@danielagomez115

4 жыл бұрын

Eww why white castle🤢😷

@ilovefood45779

3 жыл бұрын

LMAO

@Shrek_Now_go_away

3 жыл бұрын

@@danielagomez115 I painted it white all in one go

@elle7037

3 жыл бұрын

Why did I realize that was him for 10 seconds lmao

Thank u soo much

Thanks Sir

No doubts , A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made..

@eadad4371

Жыл бұрын

Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated

@Alexedmartin

Жыл бұрын

Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking.I operate with (REGINA LOUISE COLLARO) an invéztment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Invéztment advisor for yourself.

@Alexedmartin

Жыл бұрын

I recommend the services of Regina Louise Collaro, a US based financial advisor and consultant. She works with an international organization ,she has been very good to my financial journey as she is providing full & continues support till my financial goals has achieved.Finding a right financial consultant is as important as finding a right life partner, as they both play a make or break circumstances in your life. I am very happy that i have the right financial consultant, it has helped me in achieving my financial goals from education to nearly retirement.

@eadad4371

Жыл бұрын

@@Alexedmartin That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?

@Alexedmartin

Жыл бұрын

EA dad look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located

Interesting initiation

I absolutely LOVED this?

Never thought I would learn about savings from kumar

Is this Kumar? I looked for financial content and didn’t expect to find him here.

He looks like jimmy kimmel

Stopped watching after the first 40 seconds cause I learned everything I needed to know! great video!

Why is Kevin from how I met your mother explaining banking to me?

What’s the music?

I literally have 95% of my money in my checking account like a idiot now that I seen this video I’m going to change it up lol

Had to show my youngins this video, school doesn’t teach important topics like this.

@ukn0wwho_j

10 ай бұрын

I’m being taught Personal Finance in school

I been wanting to save money for a computer, but I also want to make a bit of money

Thank you 🙏

I've just moved to the states and I find it so strange Americans still write checks and how convoluted paying bills are...Someone needs to look at the Australian model because I'm pretty sure we stopped writing checks back in 19diklkitytwo

@GreatScottJ

8 жыл бұрын

we use debit and credit cards, but the whole process of paying bills is a lot easier and is electronic transfer. We have a thing called BPay - essentially all Businesses have a BPay number so the banks know where to send the money to and all Businesses give their customers reference numbers. You punch in both of those (once you login to your bank account) and the money knows where to go and who it's for once it gets there. If you forgot to pay your bill just jump on a computer or your phone and you're done.

@sshum00

7 жыл бұрын

Eh I don't think I've written a check since forever. All of my bills take electronic payments. Unless you're renting from a luddite landlord that only takes cash or checks.

@i2pjd6hRw5P

6 жыл бұрын

Nobody uses checks in America. Most businesses won't even accept them. In school, they haven't taught how to write a check in over a decade. I can't remember the last time I witnessed someone write a check.

@chrissmith-kr2oz

4 ай бұрын

@@i2pjd6hRw5PI was taught how to use a check in highschool since then, but that was still years ago. American highschools can be very different in different states and depending on what classes you sign up for. I have had to use checks though only for college and a couple times of other times that they had fees for credit cards that could be avoided by using checks.

Where's Harold?!.. 😂

@jacobpickard1087

4 жыл бұрын

Dark wind I’m Deadddd

Is this true even now though?? I literally se no difference between these 2 accounts anymore. I only have money in my savings account and use it for all expenses whatsoever

THATS THE DUDE FROM THE WHITE CALSE MOVIE LMFAO

dont get it

So in otherwords a checking account is more for you to use and spend a savings account is more for you to save it and collect intrest on it

My neighbors house burn down and they need 5k. I have 5k in my saving but they are willing to let me charge them 600$ interest rate is this loan worth it?

@airbornemason688

4 жыл бұрын

No

Fresh out of high school and trying to figure this stuff out because no one taught me! Anyone know any good websites or videos about adulting for dummies?

@tamarawendt1

5 жыл бұрын

Hi Anjay. Mr money mustache, and nerdwallet are great places to learn

@tamarawendt1

5 жыл бұрын

Im also happy to chat if you like. I volunteer a good bit for financial literacy and professionally work as a real estate advisor

@OfficialSilverMoon

4 жыл бұрын

@@tamarawendt1 Hi Tamara, I'd like to take up your offer if you're still free. I just turned 18 and needed advice regarding REITS and other investments

@tamarawendt1

4 жыл бұрын

@@OfficialSilverMoon Hi what is your email address? We can set up a zoom call. I'm happy to chat

Do you really still write checks?

@samsung3.0notetab47

7 жыл бұрын

haha that's exactly what I was thinking lol

@Consolous

6 жыл бұрын

My grandparents still do lol.

@crowtservo

6 жыл бұрын

I’m 38 and I still do.

@abusedbreadslice

6 жыл бұрын

yes some grocery stores take checks lol

@jimshezar

6 жыл бұрын

My landlord wanted a year's worth of postdated checks before he let me move in

Kumar still ballin

Wait Kumar is giving me banking advice?

Is that kumarrrrrrr from White Castle's? 😂🤣😂😂🤣😂

Traducir en español

If you're leaving any more than 6 months worth of bills and expenses in a savings account vs investing that money you're doing yourself a disservice. Your bank should allow 6 ACH payments out of your savings per month. If you have fewer utilities and mortgage payments than that you can reliably pay online via ACH out of your savings and save yourself the expenses that come with a checking account. Keep the small amount you need for gas and groceries every two weeks in cash if you want to and $100 as a buffer for unexpected gas expenses or a desired purchase. You can also find a bank that doesn't charge you fees or have a minimum balance for a checking account and use it like cash. Either way, the small amount of interest you get from a savings account is not worth you hoarding in one. At least invest in index fund with anything you don't plan on needing in the short term after your 6 month emergency fund.

What is FDIC??

@jessicazamora3267

3 жыл бұрын

“(Federal Deposit Insurance Corporation) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system.”

So hold up. You dont get interest on a checking account, AND you have to pay fee's on it!? If you don't get interest on that money, you shouldn't be paying fees for it either. I don't understand why not only have a savings account with 1 card, and use that card for your purchases, and only have the 1 account to deposit to. No/Less fees, and you get interest on the money. It's not like the money is fixed, so you can still withdraw it even when banks are loaning it out to others.

@elle7037

3 жыл бұрын

Wait what do you have to pay fees on? I’m confused

@elle7037

3 жыл бұрын

Wait while I was scrolling down the comments I got my answer. I guess you pay fees on checking accounts usually but My account is with a credit union

Taking classes for this and classes are actually interesting ngl

As a Chinese, it makes no sense to me at all, this must be invented a long time ago.

am a college student, should a put my money in a saving or checking account? which one is better or usefull? and i can get my money the same way no matter what account am getting from it?

@jessicazamora3267

3 жыл бұрын

Get a checking account, easy access in case of an emergency. Or for books and project necessities etc. Also some banks have what they call a student checking account. Which would benefit you. Hope this advice helped.

money

Which account earns interest? Savings account Which account limits movement of money out? Checking account

Who thought the scene was correct and it?

Very bad BGM, Person's voice is too low compared to BGM.

So to keep my money in a checkings account, there’s a fee I have to pay all the time or is it just a one time fee

@oscarcabrera4895

4 жыл бұрын

Eccentric some banks have a monthly fee and some banks don’t have a fee at all for it

@lbasura

4 жыл бұрын

Eccentric ally bank and Discover Are good banks

NICK CAGE'S CANADIAN COUSIN😍

Want to skip fees? Credit Unions are a fantastic alternative to banks. Also, ugh savings accounts are a dismal choice for earning interest, check out betterment or vanguard for a stronger return. Another consideration is debt cards vs credit cards. Best to get a credit card and use it like a debit card (paid off every month). This provides a lot of fraud protections, and helps build credit.

The audio and video are way off, makes it very difficult to watch

@nonomemememe

Жыл бұрын

same here

what's up the video and sound syncing?

Do you also get a permanent card with your name on it when you open a savings account?

Well my Fith three back will not give me a checking account in less I have 200.00 in my savings account then I don't think they give me a Dept card this is my only intertament no TV it's all in one so it looks like a senior person on fix income is not in inportant to you and your store doesn't care I'm done. I can send 100"00 $ a month and I was climing up to Red Tube and musice but know hang it

You know you’re getting older when you’re watching Kal Penn teach you how to manage money than roll a blunt and drive to White Castle.

Did I just learn a life lesson from Kumar?

Kumar, you made me laugh a lot in "White Castle", one of my favorite movies. It was hilarious. Now in this more serious role I will be your fan (subscriber) again. Thanks, K👍🏻

He is either lying or don't understand the banking system.cuz I have a savings bank account but they deduct $2.00from my account every month.can someone explain why the bank deduct money from my account every month?

"I REALLY HOPE YOU DIDN'T DO THAT" 😂😂🤣🤣😂

Any recommendations on banks to open a savings account?

One is useful one is not

@jhonnycultura4455

4 жыл бұрын

ca you be more specific?

My nigga Kutner

I love Kumar. He's the reason i started uhm ashjdg 23ugjiauud

I set a monthly budget with 10-30% of my credit limit, use my credit cards for all cost, and pay the monthly statement balance with my savings account. That way I avoid the silly fees and rep maximum benefit.

Kal Penn did you run out of money? Btw who uses cheques anymore?

I love this video. thanks for the information! it really helps. subscribed*

WHAT!! 😩😩😩

Couldn't have had that betterly explained by anyone else but my boy kumar thanks

welcome to finance.

how the mighty have fallen

doin this for my financial lit class that i am 4 modules of 12 in and its all due tomorrow wish me luck yall ;)

Thank you this was really useful

I hate the background music

Does having a Current and savings accounts of the same Bank means having different ATMs for each accounts?

what is the main difference between current and checking accounts? I more or less figure about difference between current, credit and saving.... But checking account is a reallly black hole to me.

@bankingexplained9427

6 жыл бұрын

Current? What do you mean?

So I need help. I have a chase checking account but not a saving account, there’s like 5 types of saving accounts and I don’t know which one is more beneficial, I have 22k in my checking so I figured why not make a saving account already

Thanks for this information! 😊

I still don't see the point of the savings account. They earn essentially no interest; if your goal is to earn revenue from your savings, get a brokerage account. Otherwise, there is no reason not to keep your "savings" in your checking account and forgo the savings account altogether.

At my highschool we had a class about this and the teacher didn't teach us anything. She just made us sit in front of a computer and do a couple of assignments.

Don't forget to say that they charge you / monthly when you have low money on your savings account.

Never thought that this would be the guy teaching me bank info

he looks like jimmy kimmel

Why was the lady kinda bad tho

Is that Hannibal Buress?

Kal Penn? More like Kal pencil

Hard to understand anything when there's loud music while the narration is happening.

I don't trust pot-heads

Savings Account = Ez money hack

That girl seemed really sassy and annoying

AAOj

video outsync as this knowledge