Caleb Bale
Caleb Bale
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Why My 9.07% APY Save Account Was Horribly Disappointing
In today's video, I give an update on my Save account which boasts an impressive 9.07% APY. I made a review last year and ended up getting a referral bonus that allowed me to fully test the account.
First review: czcams.com/video/z4ufwwHFEvo/video.html
Here are the main things I didn't like about the Save account, which is why I originally decided against putting any money into the account:
1. It had a high deposit minimum to put a balance in the account
2. It had fees that would be charged if a withdrawal was made before the maturity date (like a CD)
3. It had a variable rate. Even though you could earn over 9% APY, you could also earn 0%
Turns out, someone used my referral link which gave me $6000 of investments where I could keep the earnings. What I earned was insane!
Timestamps:
0:00 - Intro
0:24 - What I didn't like in my first review
1:23 - My total investment and returns
2:17 - How my investments did through the year!
3:09 - Do I recommend Save?
#CalebBale #Save #update
📒 Notes and Resources 📒
⚡️MY FAVORITE DEBIT CARDS⚡️
🎬Discover Cashback Debit Card Review: czcams.com/video/4hSAiFkXXp8/video.html
⚡️BEST FINTECH REVIEWS⚡️
🎬Best Budget Apps! czcams.com/video/i8rxcO0TC5w/video.html
🎬Best Cashback Debit Cards! czcams.com/video/ACSQ8Zzdss4/video.html
🎬Best Bank Accounts to Fight Inflation: czcams.com/video/k9YI3WKvk5E/video.html
⚡️GET FINANCIAL COACHING⚡️
If you need some help with getting your debt worked out, set up a session with me. I legitimately want to help. www.balefinancialcoaching.com
⚡️FOR INQUIRIES⚡️
For business and coaching inquiries, hit me up:
balefinancialcoaching@gmail.com
⚡️CHECK OUT THE BLOG⚡️
balefinancialcoaching.com/blog/
⚡️DISCLAIMER⚡️
Do your own research. My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional financial advisor when considering your retirement options. Though I teach financial principals, I am not an investment advisor and none of my advice constitutes legal, tax, or investment as a professional. Everything I share is based on my own research and is intended for your benefit. Any financial technology reviews are intended for your benefit. Research each product yourself to determine if they are right for you.
⚡️DOWNLOAD MY FREE KINDLE BOOK⚡️
Graduated and Clueless: How to live like an adult when life is confusing
www.amazon.com/Graduated-Clueless-live-adult-confusing-ebook/dp/B07GH1XTRW/ref=sr_1_1?dchild=1&keywords=caleb+bale&qid=1609779396&sr=8-1
⚡️EQUIPMENT I USE⚡️
This is the equipment I use with Amazon affiliate links. If you choose to purchase anything using these links, you will not be charged anything financially, but will be able to support my channel in a small way!
Sony A7S II: amzn.to/38PM8Sl
Neewer 660 LED bicolor lights: amzn.to/3o4KB1a
Rokinon 12 mm lens: amzn.to/38Qpauy
Magnus VT 4000 tripod: amzn.to/3aXmNsj
Rode Video Mic: amzn.to/3b0nfWI
zhlédnutí: 224

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Komentáře

  • @IAMAGIRLROBBIEJamma
    @IAMAGIRLROBBIEJamma Před 4 hodinami

    What happen to me and mine .I'm robbie preciado.. it was in my account until this year .. I never got a penny

  • @veraask7474
    @veraask7474 Před dnem

    Hi!! How can you review last month’s budget? I don’t know where you can find it

  • @andrewmattson9158
    @andrewmattson9158 Před 2 dny

    I also use the Discover Cash Back debit card #CHOCOLATEMILK

  • @Ftrdddfghjjk
    @Ftrdddfghjjk Před 4 dny

    Where did my money go

  • @yoddy0
    @yoddy0 Před 5 dny

    I have a single credit card and I have been struggling to decide if I want to just get rid of it or decide to add more. I have never had a carrying balance month to month for roughly 10 years but living the credit free life makes things less risky.

  • @gordonb1737
    @gordonb1737 Před 6 dny

    Do you have to link your bank accounts? I prefer the manual way

    • @CalebBaleFinance
      @CalebBaleFinance Před 6 dny

      I don't believe you would HAVE to, but Monarch is really intended for people who link to their bank accounts so they can take advantage of it's ability to automatically add your transactions to the right budgeted categories. If you like doing it manually, I would try EveryDollar! It's super easy to use and free when you do it manually.

  • @user-cj6pm8tm5b
    @user-cj6pm8tm5b Před 7 dny

    Great video Somehow I didn't like the app It is confusing and complicated Do you know any other application which is for free that manages budget better and less confusing?

  • @allysonperry1740
    @allysonperry1740 Před 8 dny

    Good job none of those wallets where the travel go wallet

  • @josephedwards8992
    @josephedwards8992 Před 8 dny

    How do you add money at Walmart. PayPal app dosent say I can do it there

    • @CalebBaleFinance
      @CalebBaleFinance Před 8 dny

      If you go to "Finances" then "Balance" and scroll down to "More Options" and choose "Add cash at stores," you can find the option to add money at Walmart if you want.

  • @Bendakitt
    @Bendakitt Před 11 dny

    I went with the buffway...thank you for this video. I got lost on Amazon looking around...

  • @richellebilan-xe5we
    @richellebilan-xe5we Před 13 dny

    Hello is it available in tha Philippines? I’m planning to get one

    • @CalebBaleFinance
      @CalebBaleFinance Před 12 dny

      Actually, I don't know! But you can certainly download the app and try.

  • @isaacwatanabe9599
    @isaacwatanabe9599 Před 14 dny

    My favorite and only debit card is my community financial card lol #chocolatemilk

  • @jenniferfoster7633
    @jenniferfoster7633 Před 15 dny

    Who is coming back in 2024 I’m just getting one it’s the glow in the dark I’m so excited

  • @chrisfunk21
    @chrisfunk21 Před 15 dny

    Caleb, when you review new debit cards how do you manage to make all the direct deposit updates without driving your company's payroll team mad.

    • @CalebBaleFinance
      @CalebBaleFinance Před 12 dny

      Ha! Fortunately for them, I actually don't change my direct deposit that much. I don't test direct deposit on the vast majority of accounts.

  • @chrisfunk21
    @chrisfunk21 Před 15 dny

    I am kind of boring, I just have my Chase Star Wars Debit Card in my wallet. I have Capital One Debit as well but my wife has pretty much taken over that account for her crafting projects. #CHOCOLATEMILK

    • @CalebBaleFinance
      @CalebBaleFinance Před 12 dny

      Woah, I need to get a Star Wars debit card. Lol, she must be a big crafter!

    • @chrisfunk21
      @chrisfunk21 Před 12 dny

      @@CalebBaleFinance not really but she will blow that part of the budget if we didn't seperate it out

    • @CalebBaleFinance
      @CalebBaleFinance Před 12 dny

      @@chrisfunk21 😂😂😂

  • @sexydoctor87
    @sexydoctor87 Před 17 dny

    I just use a Chase Debit card, I only use it to pay off my credit cards #CHOCOLATEMILK

  • @VattanaThach
    @VattanaThach Před 17 dny

    I have a ton of credit cards & i also carry quite a few debit cards which include: - Future Card (5-6% back on environmentally conscious brands/ public transit/ thrifting etc.) - Charles Schwab Debit Card for the ATM feature - Current card for restaurants - One (originally one finance) was acquired by Walmart but they have phenomenal categories that give 5-10% including 3% at walmart if you setup dorect deposit or hold a certain balanxe with them - target debit card for 5% off - Cash app and venmo card have cool stuff from time to time as well

  • @betod3113
    @betod3113 Před 18 dny

    I have netspend its okay but idk charging me $2 something for usen it everytime.. so whats a great debit card cash back for 2024 card to have??

    • @CalebBaleFinance
      @CalebBaleFinance Před 12 dny

      Really!? $2 every time is a lot. My favorites this year are Discover and Upgrade! Upgrade is not in this review so here's the video where I reviewed it. czcams.com/video/baTbQOmuBGw/video.html Hopefully I'll make a bit video here soon!

    • @betod3113
      @betod3113 Před 12 dny

      @@CalebBaleFinance yeah every time I use it they charge me $1.99 and when I use a atm they charge me fees also.. I just want a debit card with no fees no atm charge and I can use anywhere with cashback or rewards for usen it..

  • @RonnieM90
    @RonnieM90 Před 20 dny

    I also have the Amex debit card. It usually earns 1 point for every $2 spent, but for a limited time, it is earning 4X more points on debit card purchases. That means 4 points for every $2 spent.

    • @CalebBaleFinance
      @CalebBaleFinance Před 19 dny

      Interesting, I'm guessing those points are able to be turned in for cash, gift cards, and airline miles?

    • @sleepingpetal
      @sleepingpetal Před 8 dny

      @@CalebBaleFinanceI heard you might need an Amex credit card in order to transfer points to airlines/hotels. I would double check the terms if you are planning on opening an Amex checking.

  • @Geeking_Out_On_Stem
    @Geeking_Out_On_Stem Před 20 dny

    Thank you ...I always wonder how much a realistic it would be . A person trying to hit that mark.

  • @jamesmarciv
    @jamesmarciv Před 21 dnem

    I like my Venmo debit card a lot #chocolatemilk keep up the great work

  • @zwheelertwentyone
    @zwheelertwentyone Před 21 dnem

    I'm a rebel and still like to carry a couple credit cards. But, I do like to carry my Huntington Debit card for when I need to get cash out since it's my primary bank and they have some convenient locations around my area. #Chocolatemilk

  • @AmezAdvisors
    @AmezAdvisors Před 22 dny

    My have favorite debit card is the Acorns debit card. I love the fact my little purchases get rounded up to the nearest dollar to be invested. And if I spend at an even amount, it automatically sends 1 dollar to be invested. All so I can invest for delicious #chocolatemilk.

  • @devilslayer3548
    @devilslayer3548 Před 22 dny

    Sofi debit card #chocolatemilk

  • @SunnyBunney
    @SunnyBunney Před 22 dny

    Is this a joke? My card sucks lol. It won’t even work half the time

    • @CalebBaleFinance
      @CalebBaleFinance Před 22 dny

      No way really? It’s been a while since I reviewed this so I’m not sure how things may have changed

  • @staraffirmations
    @staraffirmations Před 23 dny

    I am about to get monetized for the selling products & community benefit. Can you share how that goes for you?

    • @CalebBaleFinance
      @CalebBaleFinance Před 23 dny

      I love the community benefit! I have sold maybe one product which is fine.

    • @staraffirmations
      @staraffirmations Před 23 dny

      @CalebBaleFinance thanks ya. I was assuming it was for of the community benefit that would be better. For my niche, they upload affirmations that are not public and people join mainly for that

  • @kennethcooper9152
    @kennethcooper9152 Před 23 dny

    What is the next Internet bank? I’m in San Francisco and you know how the banks are. They’re very nervous about crypto so it was nice to have Juno because I could send money from my U.S. Bank to Juno and I can start buying crypto right now. They’re having problems with the bank they are involved in, so I can’t do nothing on the website itself or the app what is the next bank out there on the Internet?

    • @CalebBaleFinance
      @CalebBaleFinance Před 22 dny

      Great question! I'm always trying to review new ones. We'll see what's next!

  • @shojus
    @shojus Před 23 dny

    I also use the Discover cashback debit card when I do use a debit card. #CHOCOLATEMILK

  • @JohnAnderson-km3yg
    @JohnAnderson-km3yg Před 23 dny

    I primarily use a Freedom First Credit Union debit card (2% cash back on up to $1000 in purchases per month) and a Navy Federal Credit Union debit card (no cash back) as a backup. #chocolatemilk

  • @1FrostySlime
    @1FrostySlime Před 23 dny

    Favorite debit card I have right now is definitely the bluedot card. 20% back at EV charging and 5% back on car insurance are pretty big and since I was one of the first 1k users or something like that I have a whole bunch of other categories including 5% back at costco which you definitely can't get anywhere else #chocolatemilk

    • @CalebBaleFinance
      @CalebBaleFinance Před 23 dny

      Oh nice, haven't heard of that one. But that's especially great for you with having an electric vehicle. I'll have to check that one out.

    • @faustinofernandez6394
      @faustinofernandez6394 Před 22 dny

      I love the bluedot debit card also and you dont need annelectric card to benefit from 5% on groceries and shopping...its the best card by far out there in terms of cash back!

    • @CalebBaleFinance
      @CalebBaleFinance Před 22 dny

      Sheesh, 5% for groceries would come in real handy right now

    • @faustinofernandez6394
      @faustinofernandez6394 Před 10 dny

      Its going away in july 15...i guess rewards this high are nit sustainable for long

    • @faustinofernandez6394
      @faustinofernandez6394 Před 10 dny

      Im glad i took advantage for almost a year but need a good replacement to it asap

  • @Mangolite
    @Mangolite Před 23 dny

    After losing my makeshift coin pouch, I found the Chums License Holder, also known as the Surfshort wallet, in the sporting goods section at Walmart for around $10. This minimalist pouch features two zipper openings on opposite sides. One side has a clear TPU window with a divider to separate an ID from cards and cash. The back side includes a key loop and an external pocket, with the zipper opening providing space for extra cards or cash. I quickly replaced my Ridge-inspired wallet with it. I use the single empty compartment for coins and the key loop for my AirTag. On the front side with the ID window, I store my driver’s license, cash, cards, and necessary medical and insurance information due to its ample space. I absolutely love it. Most minimalist wallets lack a pouch for coins, which I still need since I frequently use cash and receive change.

  • @michaelat5409
    @michaelat5409 Před 23 dny

    Chase Amazon Visa Card #chocolate milk

  • @Nate-gt1yv
    @Nate-gt1yv Před 23 dny

    Really like these videos just because it’s good to know which cards you like enough to keep around after the review. Luckily for me I removed most my money from Juno to a better high yield option. So I only have a few hounded trapped in Juno at the moment. Not ideal but it isn’t money I desperately need right away

    • @CalebBaleFinance
      @CalebBaleFinance Před 23 dny

      Glad it’s useful to you! And super glad you don’t have a lot trapped in Juno. I’ve got $1500 in there which isn’t an issue at the moment but annoying for sure. Not nearly as much as we had in there at one time.

  • @peterbenko9395
    @peterbenko9395 Před 27 dny

    This aged like milk ... 😅

  • @tactlcal_bacon_bits4773

    Though nice, in no way shape or form is the Herschel wallet minimalist

  • @Filthypile
    @Filthypile Před 28 dny

    Worth mentioning that SoFi has been officially an independent bank for a couple years now, so they arent a fintech that relies on 3rd party banks anymore. They have a brick and mortar location in California now.😊

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      Oh really! I had no idea. Fintech is starting to get kinda dicey now with some of them getting locked up. So that's good to know.

    • @Filthypile
      @Filthypile Před 24 dny

      @CalebBaleFinance yeah I know what you mean. I always wanted to try SoFi, but I get nervous with direct deposit and large sums of cash in fintech accounts, but as soon as I heard they officially became a bank I decided to open an account and use it a lot more. Granted, they still have a "fintech" business model for many of their products like credit card, loans, brokerage, etc., but at least I know my money is secure. One thing I'm disappointed about though is that they did away with their cryptocurrency trading on their platform, but the built in brokerage investment platform is pretty solid.

  • @shojus
    @shojus Před 29 dny

    Missed it, but watching now! 👌🏻

  • @FlafyDev
    @FlafyDev Před měsícem

    1:15 "according to amazon it can hold up to 15 cards". bro you have it in your hands just check it yourself

  • @xkumaxberriesx
    @xkumaxberriesx Před měsícem

    Are there any particular down sides when banking with PayPal?

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      I can't think of any particular downsides. They used to not have FDIC insurance but I think they do now

  • @kamikazeephi
    @kamikazeephi Před měsícem

    I used to be able to withdraw the Jcoin to my External wallet then convert them to real crypto to real cash.

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      Yeah, they've changed a lot. Including that now you need at least 4x the jcoin for the same amount of gift cards.

  • @manuigil987
    @manuigil987 Před měsícem

    Hi, I’m using buddy from France and I don’t have the save tab ? ❤How did you get that ? Only in us ?

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      Hello! Sorry for the slow response. I'm afraid that feature is only in the US!

  • @sillystuff6247
    @sillystuff6247 Před měsícem

    your background music sounds terrible when mixed with music i'm listening to. i'd rather find another channel than turn off my music. most people listen to their own music when watching youtube.

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      Most of my videos I don't but I had someone else edit this one. Most people listen to music at the same time as watching videos? Sheesh, I must be weird with listing to one thing at a time haha

  • @professorx8258
    @professorx8258 Před měsícem

    Good Morning, Mr. Caleb!!! I was curious if you were ever planning reviewing the Current Build Visa Card. I know and understand that it's a Credit Builder Card, but I love that it works like a 2nd debit card in your wallet.

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      Hello! Sorry for the slow response. Great question! I reviewed the Current debit card a while ago, before it became the build Visa card. But yeah, you got it, since it's a credit builder card, I probably won't review it! Thanks for the question though!

  • @hazelnuc
    @hazelnuc Před měsícem

    No transactions tab for me, why? 😢

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      Woah really? What country do you live in? Some features aren't available in all countries but transactions should be available for everyone.

  • @discountcodes
    @discountcodes Před měsícem

    great video! ❤

  • @jasonbevis6391
    @jasonbevis6391 Před měsícem

    I have been using this app since 2020 and would not use anything else. I set it up different to how he has set up, but i like to add budgets, so for example instead of having a single column and adding separate fees, i have a rent column, shopping column, petrol costs etc. You can also set this app up so that direct debits automatically are added to your budget. I really need to do my own video, i know this app like the back of my hand now. I love it. If there is enough demand for it let me know and i will do it.

  • @JMan957
    @JMan957 Před měsícem

    Perfect review, I found your advice/input very helpful!

  • @prettynatural1973
    @prettynatural1973 Před měsícem

    Thank you

  • @lightninggod4348
    @lightninggod4348 Před měsícem

    I'm stuck between Ekster aluminum card holder and the Code 118 equivalent. The biggest thing is the tracker and card space (though I know they have back holder to increase card capacity). Which do you recommend?

    • @CalebBaleFinance
      @CalebBaleFinance Před 24 dny

      Hello! So sorry for the slow response. Both are great! I think though, my preference is lower profile. So currently I'm using Code 118