Tag: banking

How Does a Bank Work?

We use banks almost every day of our lives – yet we rarely (if ever) think about how they operate. I thought it would be fun to take a brief, “banking 101” view of how the banking system works with the help of our friends at Northpointe Bank. Types of banks When I was younger, my …

Read more

Banking Hacks – Negotiate Your Way to Better Rates & Fees

Checking, savings, CDs and money markets. Mortgage loans, auto loans, credit cards, personal loans and student loans. Insurance, investment, ID theft protection, mobile banking, online banking, bill pay, and overdraft protection. National banks, community banks, and credit unions.  Navigating your way around banking can be time-consuming and confusing. Fortunately, we’ve got an insider in the …

Read more

Have Trouble Saving Money? Try One Bank Account

Are you one of those who has trouble saving money? Or, want to do better at saving more? Well, you’re not alone. Right now, the national savings rate stands at about 5%. This is pretty weak considering other countries. France has a savings rate of almost 16% and Spain, nearly 14%. So what’s this all …

Read more