Dmitriy Fomichenko

Dmitriy Fomichenko is the president of Sense Financial Services LLC, a boutique financial firm specializing in self-directed retirement accounts with checkbook control based in Orange County, California. With over 19 years of financial planning and advising experience, Dmitry assists and educates thousands of individuals on how to use self-directed IRA and Solo 401k to invest in alternative assets. He is the author of the book "IRA Makeover" and is a licensed California real estate broker.

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What are the easiest, safest methods to send money to someone?
The easiest way to send money to someone would be via Zelle. Most (if not all) banks offer this option. This is safe, free, and instant for both the sender and the receiver. Funds are instantly taken from the sender's account and deposited into the receiver's bank account.

Another good option is Venmo, although with this option, funds are in your Venmo account, not in the bank. You can transfer the funds from Venmo to your bank account (usually takes a couple of days) or use your Venmo account balance to pay someone else.

Regardless of which option you use, be careful not to become a victim of a scam. There are many different schemes out there where scammers are trying to get your money.

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