Your Rich BFF Founder Vivian Tu shares her top strategies to build wealth, reduce debt, and maximize on investments across her social media, including TikTok and Instagram. Tu sits down with Yahoo Finance Live anchors Julie Hyman and Josh Lipton to discuss several of these methods, including the 50/30/20 Rule and taking advantage of high-yield savings accounts. "This is so easy because high-yield savings accounts are offered through FDIC-insured institutions, very similar to a traditional bank," the financial influencer and Rich AF author says. "However, instead of giving you, I believe the national average right now is 0.46% in interest, a high-yield savings account will give you somewhere between 4 to 5% right now in annual percentage yield. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance