# @chime on YouTube - **Type:** Video - **Original URL:** https://youtube.com/watch?v=KPLo109yo3w - **Gondola URL:** https://gondola.cc/posts/65064430-chime-youtube - **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/9e299be131.jpg - **Posted:** 2026-04-15T02:00:27.000+00:00 - **Account Owner:** Chime Financial (@chime) — https://gondola.cc/chime ## Caption Ever wondered how much you should save or where your money should go? In this episode of Chime In: Money Talk, Humphrey Yang addresses these common financial questions, starting with practical advice on how to save money. This video emphasizes the importance of budgeting for beginners by tracking income and expenses and setting spending limits. You'll also learn key tips for choosing the best savings account for you and how Chime can help with that 😉. Subscribe to our channel for even more tips to plan your finances. 💚 Key Takeaways: how to save money and build the right savings plan - Learn how to start saving money step-by-step by tracking your income and expenses and building a simple beginner-friendly budget. - Understand what a savings account is, how it works, and how savings interest is calculated so you know how your money can grow over time. - Get clear on how much you should have in savings and how much to save each month, based on your goals and emergency needs. - See why saving money is important for financial stability, surprise expenses, and long-term goals like travel, debt payoff, or a down payment. - Find out how much interest savings accounts earn, what's considered the“best” savings account, and how high-yield savings accounts (HYSA) can help your money grow faster. - Learn how many savings accounts you should have and when tools like savings bonds or multiple accounts can help you organize your goals. - Discover how Chime can help you save more easily with the right account setup so you can stick to your plan and build your savings over time. Chapters: 0:00 Introduction 0:14 How do I save money? 1:00 What is a savings account? 1:21 How is savings interest calculated? 2:13 How much savings should I have? 2:40 How much should you be saving per month? 3:23 How much does the average American have in savings? 3:54 Why is saving money important? 4:21 Do savings accounts earn interest? 4:51 What's the best savings account? 5:37 Is savings account interest taxable? 5:57 How many savings accounts should I have? 6:22 Are savings bonds good investments? 6:46 What are high-yield savings accounts? 7:10 Recap Want to boost your financial knowledge? Check out our course: https://www.youtube.com/playlist?list=PLrhGEgE9YlyW07SoaqB4XTLqCrqLKOKG_ Watch Humphrey Yang answer all your burning questions on managing your credit: https://youtu.be/mAROjm-bmKs Connect with Chime! 🟢 Subscribe for more tips: https://www.youtube.com/chime⁩ 🟢 Explore financial tools: https://www.chime.com 🟢 Stay updated: Follow us on social media ►► Facebook: https://www.facebook.com/chime ►► Instagram: https://www.instagram.com/chime ►► TikTok: https://www.tiktok.com/@chime ►► X (FKA Twitter): https://twitter.com/Chime ►► Reddit: https://www.reddit.com/r/chimefinancial ►► Discord: https://discord.com/invite/chimefinancial https://youtu.be/KPLo109yo3w Fee-free banking at its finest. Chime offers everyday people more ways to safely build their credit, grow their savings, and access their pay—all in one app. Plus, with tens of thousands of ATMs nationwide, we’re never too far away. It’s not rocket science. Chime just makes the hard stuff simple—and with less stress. It’s what we call banking smarter. With over 1 million five star reviews across Google Play Store and Apple App Store, Chime members seem to agree. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A..Members FDIC. Chime® Checking Account required to apply. Issuer Statement: The secured Chime Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A. Chime does not provide financial, legal, or tax advice. Please check with your legal, financial, or tax advisor. Chime is not FDIC-insured. The Bancorp Bank, N.A. and Stride Bank, N.A. are the FDIC-insured members. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. FDIC deposit insurance limit is $250,000 per depositor, per insured bank, per ownership category. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Results may vary. Chime Card: To apply for a Chime Card, you must first open a Chime Checking Account. Optional services and products may have fees or charges. Learn more at chime.com/feesinfo #Chime #FinanceTips #SavingsStrategy ## Stats - **Views:** 361 - **Likes:** 0 - **Shares:** 0 - **Comments:** 0 ## Tags savingsstrategy, chime, financetips --- Copyright (c) Gondola