Learn why not to use an online-only bank, whether I like banks or credit unions best and how much cash to keep on hand at home in case of emergency. This is what I posted on Instagram: "Be skeptical of any financial expert who tells you not to use a bank.  It's not that I'm pro-banks (I'm definitely not), but a bank that has physical locations will greatly relieve any anxiety you may feel if there is a power outage or internet failure.  What would you do if you couldn't access your account online and no one answered the phone? You are not going to make much interest in a bank account anyway, so don't worry about a "much higher interest rate" that an online-only bank pays because the annual difference is probably less than $30.  Experts are making commissions for encouraging you to do things that are not in your best interest."  Keep your checking and emergency fund in a bank, invest the rest through your brokerage account for higher returns and serious compounding. PLEASE SUBSCRIBE AND REVIEW THE SHOW If you enjoyed this episode, please subscribe and leave a review on whatever platform you listen. I love hearing from you! WEALTH HEIRESS TV Please subscribe to Wealth Heiress TV YouTube channel (it’s not just for women, it’s for men too!), here. THE WEALTH HEIRESS BOOK ISN'T JUST FOR WOMEN Men love it too! After all, financial advice doesn't have a gender, just the examples do. Get my book, “You’re Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!” Available on Amazon. International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. Listen to the full library of podcasts from the beginning. Today’s Sponsor: I want to take a few seconds to tell you about how I “read” more books and stay ahead of the curve. It’s by not reading books, but instead listening to them – like you are right now! With Audible, there are over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player and…your first audiobook is FREE! I suggest you get the audio book of Think and Grow Rich, or you can check out my website Resources page where I list all of my favorite financial books and you see exactly what books I have read and recommend you read. Then get started with Audible by visiting https://lindapjones.com/FreeBook and order your first audio book free! Get Think and Grow Rich or another book from my recommend list, and be sure to get started checking off the books you want to read with your free book from Audible! Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.