The Surprising Truth About Banks
from The Money Itch Hosted by Kendall
Have you noticed every time you go to the bank, they offer you a new product? Checking accounts Savings accounts Personal loans Refinances Credit cards And on and on I remember going to the bank by my office years ago. At the time, I was preparing to leave my 9-to-5 to do my business full-time. I had a habit of going to the bank every other Friday and depositing money in my “freedom” account. I quickly became well known at the bank for several reasons. I am routined and my accounts are hefty. I also became popular because they offered me a new financial product each time I went and I would confidently turn it down. This went on for a couple of years. Why did I turn it down? Because I knew that they made commission from every single account a customer opened. While this isn’t a negative, I knew that my banking structure was designed perfectly for me. In this episode, I am going to share with you… Why your banking structure can be the key to hitting your financial goals easier Why you need to have clarity about your financial plan and the steps to get there And how your banking needs to remove financial complexity If this episode helped you, subscribe to The Money Itch Podcast. We are on all your favorite podcast players. I will be posting several episodes a week and by subscribing you will get notified when new money tips are released. If you want to talk to me more about your money, feel free to CLICK HERE to schedule a time to chat.
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