Updated 1/7/21 Simple bank has announced its closing. What are the best bank accounts in 2020? I break down the best checking accounts and best savings accounts in this video. **CHIME - ONLINE BANK ($100 REFERRAL)** 🏦 https://chime.com/r/lynndurrant Video outline: 0:00 Best Bank Accounts of 2020 (Chime Bank, Simple Bank or Ally Bank?) 1:37 Why are banks so important? 2:28 What do all of these banks have in common? 3:11 Chime Bank Review 7:28 Simple Bank Review 11:52 Ally Bank Review If you are new to the channel I am working toward financial independence. On this channel I share some of the insights that I have learned as I have been on this journey and my goal is to help you reach your financial goals and help you be more intentional with your money. I post new videos every Thursday! Feel free to check out my other videos for help on your financial journey. Starting the Path to Financial Independence (Full Financial Seminar) https://www.youtube.com/watch?v=d8CAWkdrTNQ Ally Banking Review (Checking & Savings Account) https://www.youtube.com/watch?v=-O-SajhynYk Simple Bank Review 2020 (Online Banking, Budgeting & Saving) https://www.youtube.com/watch?v=Xvdli1Hr-EQ Why EVERYONE Should Have a Health Savings Account (HSA) https://www.youtube.com/watch?v=Zr56FrNTUM0 Family Saves Half of Income (Journey Toward Financial Independence) https://www.youtube.com/watch?v=hfhOyUZCk84 Navigating Your Savings & Checking Accounts To Make Budgeting & Saving Easier https://www.youtube.com/watch?v=q_ZBYXkHj84 Why You Should Prioritize Paying Off Your Home (Mortgage Free) https://www.youtube.com/watch?v=ee2mlNVIk_o CHIME - ONLINE BANK ($100 REFERRAL) 🏦 https://www.chime.com/r/lynndurrant/ -------------- MINT MOBILE - DISCOUNTED CELL SERVICE ($15 MO*) 📳 https://mint-mobile.58dp.net/c/2412119/444520/7915 -------------- FOLLOW ME ON INSTAGRAM 📷 https://www.instagram.com/TheSavingSecret/ -------------- JOIN MY FAN FACEBOOK PAGE 🌎 https://www.facebook.com/TheSavingSecret -------------- LISTEN TO PODCAST INTERVIEW 🎙 https://www.youtube.com/watch?v=YZg5QxPBjpo ABOUT ME 👇 I am a father of three who is working toward financial independence. My current goals are to pay off my home by July 2021 and to be financially independent by April 2028. Outside of time with my family, watching people succeed with money is one of my greatest joys. So many people have challenges with personal finance. I create videos that have a simple, practical approach that anyone can apply to win with money. I have been practicing what I preach in my own personal financial life, and can help you immediately in yours. Whether you need help organizing your finances or making progress on the path toward financial independence, retire early (FIRE), I can help you be more intentional with your money. Thanks for subscribing! Other topics I discuss include: -Getting out of Debt -Building Savings (Building an Emergency fund) -Budgeting (reducing expenses) -Saving First -Saving Everything (Automatic Savings) -Home Payoff -Retirement Savings (401k, Roth, HSA) -Wealth Building -Financial Independence DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.