Financial guru Humphrey Yang advises against lending money to friends/family, prioritizing high-yield savings accounts, and avoiding rapid depreciating assets

From Yahoo Finance: 2025-06-14 10:31:00

Financial guru Humphrey Yang shared three key things to avoid with your money to prevent relationship strain, poor investments, and missed financial goals. He advises against lending money to friends and family, emphasizes the importance of high-yield savings accounts, and discourages spending on rapidly depreciating assets like new cars and designer items. Following his advice can lead to better financial outcomes and smoother relationships.



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