fbpx
Roadmap Money Logo

Make a PLAN For Your Money!

Grab a copy of my FREE budget template to take control of your finances today! 👇 👇

Send Me The Free Template!
Jacob Wade

Create a Budget

Save More Money

Pay Off Debt

Invest Smarter

Top Money Apps

Top Credit Cards

Get Life Insurance

Money Tools

With several large U.S. banks failing in the past few weeks, you might be getting worried about your Credit Union too. In this video, we'll cover the details of how credit unions handle your deposits, how NCUA insurance works when a Credit Union collapses, and what would happen if your Credit Union goes out of business. ================== Safe Bank Paying High Interest - CIT Savings Connect (4.20%) - https://www.roadmapmoney.com/go/CITSavingsConnect Whiteboard Finance Car Debt Video - https://www.youtube.com/watch?v=15t7g2YCsIY List of Credit Union Liquidations - https://ncua.gov/support-services/conservatorships-liquidations ====================== Subscribe to the channel: https://www.youtube.com/channel/UCQZg... Grab a free budget template: https://www.roadmapmoney.com/go/signup What is Roadmap Money? I’m Jacob Wade, the Founder of Roadmap Money! I am a husband, father, and former full-time RVer! RoadmapMoney.com was created out of a passion for helping you create a PLAN for your money and helping you keep more of it. By budgeting and investing wisely, we have: - Lived on $14 an hour and STILL saved money - Enabled my wife to be a Stay At Home Mom - Paid off over $40,000 in debt - Grown our net worth from negative to over 6 figures - Quit my six-figure job and travel the country for over two years! ===================== 00:00 Intro 00:43 What do Credit Unions do with deposits? 02:45 Credit Union balance sheet 06:09 NCUA Insurance Explained 07:33 What if your Credit Union collapses? 10:06 Recent Credit Union closures 13:26 Are you protected? 14:52 Outro
Silicon Valley Bank Collapsed on Friday, March 9th, and panic set in over the weekend. But should you be worried about your money in the bank right now? In this video we cover the details of the SVB bank failure, how it happened, how banks use your money, and the details of FDIC Insurance. And keep watching until the end to see more popular banks that are suffering similar investment losses as Silicon Valley Bank. * I am not your financial advisor, and the contents of this video are for educational and entertainment purposes only. Please do your own research before making any investing decisions (DYOR). The video is accurate as of the posting date but may not be accurate in the future. ================== Safe Bank Paying High Interest - CIT Savings Connect (4.20%) - https://www.roadmapmoney.com/go/CITSavingsConnect Best low-risk investments - https://www.youtube.com/watch?v=2yhGEuP--7c Seeking Alpha article (Big Banks with Losses) - https://seekingalpha.com/article/4586797-list-of-banks-paper-losses-debt-securities-holdings ====================== Subscribe to the channel: https://www.youtube.com/channel/UCQZg... Grab a free budget template: https://www.roadmapmoney.com/go/signup What is Roadmap Money? I’m Jacob Wade, the Founder of Roadmap Money! I am a husband, father, and former full-time RVer! RoadmapMoney.com was created out of a passion for helping you create a PLAN for your money and helping you keep more of it. By budgeting and investing wisely, we have: - Lived on $14 an hour and STILL saved money - Enabled my wife to be a Stay At Home Mom - Paid off over $40,000 in debt - Grown our net worth from negative to over 6 figures - Quit my six-figure job and travel the country for over two years! ===================== 00:00 Intro 00:54 Option 1 04:40 Option 2 07:20 Option 3 10:15 Option 4 12:56 Option 5 14:51 Vanguard 401k Rollover 17:12 Fidelity 401k Rollover 18:02 M1 Finance 401k Rollover 19:40 Outro
Subscribe

Hi. I’m Jacob.

Hey! Welcome to Roadmap Money. I’m Jacob Wade, and I’m here to show you how to build a life you love with the money you already have. I help working professionals put their money to work, building wealth faster than they ever thought possible by following the roadmap to financial freedom. Oh, and a simple budget that works.

Get The Free Budget Template!

I started Roadmap Money to help someone just like you. Overworked. Overstressed. And looking for a way to save more, invest more, and enjoy your money more without waiting until retirement.

I’m also a nationally-recognized personal finance expert and writer for sites like The Balance and Investing Answers. I’ve been a featured expert on CBS News, MSN Money, Forbes, Nasdaq, Yahoo! Finance, Go Banking Rates, and AOL Finance.

In 2018, I quit my job and our family decided to sell everything (including our home) to take off on an adventure. We traveled the country in an RV for nearly 3 years, visiting over 38 states, 20+ national parks and eventually settling in the Gulf Coast of Florida.

Featured On

forbes
Tree Arrow Right

Tree Arrow Left

Most Popular

Tree Arrow Right

Tree Arrow Left

DEBT Freedom Awaits

Create a Roadmap. Enjoy the Journey.

Figuring out money doesn't have to be hard when you have the roadmap in front of you. Let's build a plan for your financial freedom today.

Send Me the FREE Template!

©2023 Roadmap Money

DISCLAIMER:

Information presented on Roadmap Money is intended for informational purposes only and is not meant to be taken as financial advice. While all attempts are made to present accurate information, it may not be appropriate for your specific circumstances and information may become outdated over time. I am not a personal finance professional and you should seek out a professional before making any financial decisions.

Roadmap Money has partnered with CardRatings for our coverage of credit card products. Roadmap Money and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Comment Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered. This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program. RoadmapMoney.com makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. RoadmapMoney.com does not include the entire universe of available financial or credit offers. Full Disclosure: We may earn a commission if you click on our links and make a purchase, at no additional cost to you. RoadmapMoney.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. As an Amazon Associate I earn from qualifying purchases.

About Contact Disclosure & Privacy