My Financial Setup Explained (Bank Accounts, Savings & Investing)

When we talk about personal finance, we often focus on investing - but just as important is how you organise your money day to day.

In this video, I walk through my entire financial setup, including:
The bank accounts I use
Why I have each account
How I separate spending, saving, and investing
What I might change in the future
This is a realistic look at how I manage my money in the UK, balancing convenience, interest rates, flexibility, and long-term investing.

In this video, I cover:
My main spending (checking) account
Why I separate savings and spending
How I budget using multiple accounts
High-yield savings accounts vs regular savings
Fixed vs flexible savings options
UK Stocks & Shares ISA explained
Pension accounts (SIPP vs workplace pension)
Why I avoid having too many accounts
How I think about switching banks & incentives

I also talk about the trade-offs between:
Convenience vs higher interest rates
Locking money away vs flexibility
Having multiple accounts vs simplicity

This video is especially helpful if you’re:
Trying to organise your finances more intentionally
Based in the UK (or similar banking systems)
Unsure how many bank accounts you actually need
Starting your career and setting up long-term finances

Timestamps:
00:00 - Intro
00:32 - Advantages to changing bank accounts
01:10 - My bank account set up
01:58 - Saving and spending accounts
02:40 - High yield savings account
04:20 - Stocks and Shares ISA / tax-free investing accounts and personal pension
04:49 - Workplace pension
05:38 - Thoughts on my bank set up
06:27 - Potential future changes

👍 If this was helpful, like the video, subscribe for more personal finance, investing, and early-career money content, and comment if you want a deeper breakdown of any account type.

🏷️ #PersonalFinance #moneymanagement #FinancialSetup #ukfinance
#investingbasics #savingsaccount #stocksandsharesisa #pensionplanning

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