MY $40K YOTTA SAVINGS ACCOUNT | Yotta Savings Review
Yotta Savings has been exploding in popularity lately and it's not why you might think... In this video, I'll be reviewing the Yotta Savings app as well as showing you inside my $40,000 Yotta Savings account.
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The Yotta Savings app has been gaining massive popularity in the last few weeks since Graham Stephan's popular "I just bought a bank" video. Since the release of this video, there have been dozens of other videos talking about the Yotta Savings app. However, I think most of these videos miss the bigger point.
This Yotta Savings Review will peel back the curtain on the real reasons why Yotta Savings is blowing up so quickly. This app has pioneered a new formula for growth and it is proving to be very successful. I believe many other fintech apps are going to take notice of the Yotta Savings growth strategy and follow suit.
Additionally, we'll be addressing many other things about Yotta Savings, how it works, where the idea came from, and how Yotta makes money.
Every week, Yotta winners are announced and have the potential to win up to $10 million. On my $40k account I'll be showing you exactly how much I have won from Yotta Savings so far and how winners are chosen.
It's also important to keep I'm kind how Yotta Savings taxes work. Yotta winnings are not treated the same way as normal investments. By participating in Yotta Savings, you have the potential to pay a significant amount in taxes. So be sure to watch until the end to find out how that works!
00:00 - Intro
00:54 - Prize-Linked Savings Accounts
03:10 - How Does Yotta Work?
04:32 - Yotta Savings is NOT a Bank. What This Means...
06:08 - Why Yotta is Suddenly Blowing Up
08:42 - My $40k Yotta Account
11:50 - Taxes on Yotta Winnings
13:21 - Final Thoughts