Sean Strickland advises followers against "saving money in a normal bank account": "You're just keeping up with inflation"

UFC 312: Du Plessis v Strickland 2 - Source: Getty
Sean Strickland gives financial advice to followers. [Image courtesy: Getty Images]

Former UFC middleweight champion Sean Strickland shared financial advice with his followers in a recent Instagram story.

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Strickland suggested that they not keep too much money in a regular bank account, emphasizing that its value decreases due to inflation, and to use traditional banks only for paying bills:

“I recommend Wealthfront but it doesn't matter… 3.5 to 4.7 apr on your money, FDI insured. If you save 100 dollars for 1 year, at the end of the year regardless if your account says 100 dollars with inflation you technically have 94 to 96 dollars.
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“You're not making money in a high yield savings account. You're just keeping up with inflation. Please stop saving money in a normal bank account... you're losing money. Pay your bills with your bank account and that's all!”

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Check out the screenshot of Sean Strickland's Instagram story below:

Sean Strickland's Instagram story [Screenshot courtesy: @stricklandmma on Instagram]
Sean Strickland's Instagram story [Screenshot courtesy: @stricklandmma on Instagram]

Strickland is known for voicing his opinions and offering financial advice to both fans and fellow fighters. He has also openly criticized the UFC for its fighter pay.

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As for his career, ‘Tarzan’ recently fought for the middleweight title against Dricus du Plessis in a rematch at UFC 312 in February at Qudos Bank Arena in Sydney, Australia. He lost via a lopsided unanimous decision.


Sean Strickland opens up about his financial stability

Sean Strickland appeared on Michael Bisping's YouTube channel ahead of his rematch with Dricus du Plessis at UFC 312. Bisping reminded 'Tarzan' that if he loses the bout, he won’t get an immediate title shot and would have to work his way back up.

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Strickland responded by stating that he is financially stable and now fights more for the love of the sport than for money:

“I am in a good place in my life financially. I could probably retire If I want to. Money is good and whoever says they don’t fight for the money is a f**king liar. Whenever I walk into fights I am not fighting for a paycheck I just fight cause I love it.”
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Check out Sean Strickland's comments below (3:14):

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Edited by Tejas Rathi
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